Before Diwali, the government gave a gift, more than 1 crore employees-pensioners benefited. DA Hike Update; Narendra Modi Govt Increase Dearness Allowance By 4 Per Cent | 7th Pay Commission | NewsBust Before Diwali, the government gave a gift, more than 1 crore employees-pensioners benefited. DA Hike Update; Narendra Modi Govt Increase Dearness Allowance By 4 Per Cent | 7th Pay Commission | NewsBust

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Before Diwali, the government gave a gift, more than 1 crore employees-pensioners benefited. DA Hike Update; Narendra Modi Govt Increase Dearness Allowance By 4 Per Cent | 7th Pay Commission

By Amit - September 28, 2022

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  • DA Hike Update; Narendra Modi Govt Increase Dearness Allowance By 4 Per Cent | 7th Pay Commission

New Delhi37 minutes ago

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The central government has given a gift to the central employees before Diwali. According to sources, in the cabinet meeting, the government has decided to increase the dearness allowance (DA) of the central employees by 4%. The last time the government increased DA was in March, it came into effect from January 1, 2022.

In March, the government had increased the DA by 3%, that is, it was increased from 31% to 34%. Now after increasing by 4%, it will become 38%. By increasing the dearness allowance of the government, 50 lakh employees and 65 lakh pensioners of the country will benefit. Apart from this, the cabinet has decided to extend the PM Garib Kalyan Yojana by 3 months.

What is Dearness Allowance (DA)?
Dearness allowance is a part of salary. It is a fixed percentage of the basic salary of the employee. To reduce the effect of inflation in the country, the government gives dearness allowance to its employees. It is extended from time to time. Retired employees also get the benefit of this.

How will the salary change after DA?
For this, fill your salary in the formula given below.
(Basic Pay + Grade Pay) × DA % = DA Amount

Understand in simple language, after adding the grade salary to the basic salary, the rate of dearness allowance is multiplied in that salary. The result that comes is called Dearness Allowance (DA). Now let’s understand this with an example, suppose your basic salary is 10 thousand rupees and grade pay is 1000 rupees.

On adding both, the total became 11 thousand rupees. Now in terms of the increased 28% dearness allowance, it is Rs 3080. By adding all your total salary came to Rs 14,080. Earlier, in terms of 17% DA, you were getting a salary of Rs 12,870. Now by increasing the DA by 11% to 28%, there is a profit of Rs 1210 every month.

PM Garib Kalyan Anna Yojana extended by 3 months
The cabinet has decided to extend the PM Garib Kalyan Yojana by 3 months. Now the benefit of this scheme will continue till December 2022. Earlier this scheme was ending on September 2022. This decision of the Center has once again given relief to more than 81 crore people of the country. Now the needy of the country will continue to get free ration till December 2022.

What is PM Garib Kalyan Anna Yojana

  • PM Garib Kalyan Anna Yojana was started in March 2020 in the lockdown in the country due to Corona epidemic.
  • This scheme was from April to June 2020. Then it was extended till November 2021. The government kept taking it forward.
  • Under the Garib Kalyan Yojana, 81 crore people are given 5 kg of wheat or rice along with one kg of gram every month.

They get the benefit of the scheme
Under this scheme, the government gives free ration to the people identified under the National Food Security Act (NFSA). NFSA has placed 80 crore ration card holders in the list of those getting free ration. The free ration received under this scheme is over and above the subsidized food grains that the cardholders get through ration shops.

There is more news…

Amit

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