India

Centre Hikes DA By 4% To 42% For Central Government Employees

Union Minister Anurag Thakur announced on Friday that the government has extended the Pradhan Mantri Ujjwala Yojana subsidy for another year.

The Union minister announced that the government has increased the dearness allowance (DA) for central government employees by 4% to 42%, effective January 1, 2023.

The combined fiscal impact of Dearness Allowance and Dearness Relief will be Rs. 12,815.60 crore per year, the information and broadcasting minister told the media after the Cabinet Committee on Economic Affairs met (CCEA).

The Cabinet approved the release for Central Government employees and Dearness Relief to Pensioners on Friday, with effect from January 1, 2023.

Apart from the increase in Dearness Allowance, the Centre also approved the Minimum Support Price (MSP) for Raw Jute at Rs 5,050 per quintal for the 2023-24 season on Saturday.

This raise is in accordance with the accepted formula, which is based on the 7th Central Pay Commission’s recommendations.

In addition,  The government approved a subsidy of Rs. 200 per 14.2 kg cylinder for up to 12 refills per year for Pradhan Mantri Ujjwala Yojana beneficiaries in order to protect them from high LPG prices.

This change will benefit 47.58 lakh employees and 69.76 lakh retirees.

Also read: “I Am fighting For Voice Of India, Ready To Pay Any Cost”, Says Rahul Gandhi On Disqualification

Spriha Rai

Recent Posts

Mumbai’s Street MBA: How A Bag Hustle Became A ₹8 Lakh Business

A Mumbai auto driver earns up to ₹8 lakh per month by offering a simple…

1 hour ago

Five Districts In Manipur Face Internet Shutdown Following Unrest

Manipur suspended internet in five districts for five days after protests over arrest of a…

2 hours ago

Shashi Tharoor Criticises Pakistan: “In Pakistan You Get Rewarded For Promoting Terrorism”

Shashi Tharoor condemns Pakistan’s treatment of Dr Shakil Afridi, who helped the US locate Osama…

2 hours ago

How To Read Food Labels & Make Smarter Grocery Choices

Reading food labels helps you make informed, healthier choices by understanding nutrition facts & picking…

3 hours ago

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

15 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

15 hours ago