The government announced a hike of 3% in DA
The central government has announced a hike of 3% in dearness allowance (DA) for central government employees. The DA has been hiked by 34% from 31% earlier. The hike came into effect on January 1, 2022.
It will leave a combined impact on the exchequer of account for both Dearness Allowance (DA)/and Dearness Relief (DR) would be Rs.9,544.50 crore per annum.