Dearness Allowance Increased: The Dearness Allowance of some employees has been increased by the Central Government and the date of its implementation has also been announced.
Dearness Allowance Increased: The central government has increased the dearness allowance of some of its employees and they will get the benefit of increased DA from July 1, 2023. This dearness allowance has been increased for board level executives and supervisors of Central Public Sector Enterprises (CPSEs).
On which employees will the increased DA apply?
According to the notification of the Department of Public Enterprises, the new increased rates of DA will be applicable to those executives of CPSEs who are on board level posts. The IDA pattern for below board level posts and also for non-united supervisors has been extended and modified from the 1992 pay scales. Here you can know about it-
When will the revised rates be applicable?
These revised rates will be applicable from 1 July 2023. The DA rate has been increased to 701.9 per cent on basic pay of Rs 3500 per month, which has been fixed at a minimum of Rs 15,428.
DA rates have been fixed at 526.4 per cent on basic pay above Rs 3500 and up to Rs 6500, which will be at least Rs 24,567.
At the same time, DA rate of 421.1 per cent has been applicable on basic pay above Rs 6500 and up to Rs 9500, which will be considered up to at least Rs 34,216.
Dearness allowance of 351.0 per cent will be applicable on basic pay above Rs 9500, which will be up to a minimum of Rs 40,005.
All the administrative departments and ministries of the Government of India have been instructed that this will be implemented for the officers of all CPSEs. Under this notification, this rule will be applicable for the administrative control of all CPSEs.
Dearness allowance increases from time to time
The thing to keep in mind is that the Central Government and the State Governments keep increasing the DA of their employees and pensioners from time to time so that they can compete with the rising inflation. Along with increasing the cost of living of its employees, the government keeps on increasing the dearness allowance of its employees.
