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

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