4% DA hike for central govt employees

The Union Cabinet has increased dearness allowance (DA) and dearness relief (DR) of the central government employees and pensioners by four per cent with effect from 1 July 2022. Around 4.2 million central government employees and about 6.9 million pensioners are expected to benefit from this latest increase. The combined impact on the exchequer on account of both DA and DR is estimated at Rs.128.5 billion per annum and Rs.85.7 billion in the current fiscal for a period of eight months from July 2022 to February 2023.

References
1. https://www.pib.gov.in/PressReleasePage.aspx?PRID=1862946
2. https://www.business-standard.com/article/economy-policy/cabinet-approves-4-da-hike-for-central-govt-employees-pensioners-122092800799_1.html