DA Hike News: For your information, let us tell you that the results of the assembly elections held in five states of the country have been released. BJP has won big victories in Madhya Pradesh, Chhattisgarh and Rajasthan in this election. This success of BJP has increased the expectations of the stock market and central employees. Dearness Allowance (DA) can be increased by 5% for the first half of the year (from January 2024). If this happens. So the DA of central employees will be approximately 50%. The HRA of central employees, i.e. Domestic Housing Allowance (HRA), will increase due to this.

Why 5% growth is expected

According to AICPI index data till October, the index stands at 138.4 points. The index is up 0.9 points from a month ago. However, the data for November and December is awaited. Estimates are being made from the current pattern. That from January to June 2024, there could be the biggest increase in dearness allowance so far. The dearness allowance score is determined by the AICPI index. The index shows data from different sectors. How much is the inflation? And by how much the allowance of central employees should be increased.

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hope from elections also

Experts believe. That a 5% allowance increase can be expected in the first half of 2024 due to several favorable circumstances. In fact, Lok Sabha elections are also going to be held in the first half. In view of this decision, the government can also increase the allowance of central employees by 5%. Note that there are more than 50 lakh central employees. And there are more than 64 lakh pensioners. Means to say. That the government's decision of 5% increase will affect more than 1 crore people. This is also an impressive figure from the election point of view.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: December 07, 2023  

Posted By Sunil

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