Central Government Employees may get 2% DA Hike from Jan 2025
Central government employees may receive a 2% Dearness Allowance (DA) hike in January 2025, according to AICPIN data. The DA is a component of central government employees’ salaries that helps offset the impact of inflation.
The CPI-IW for December 2024 has been released, and it indicates that the DA for January 2025 is likely to increase to 55% from the current 53%. This would be a 2% hike.
If the 2% hike is confirmed, it would be lower than the 4% hike from January 2024 and the 3% hike from July 2024.. However, it would still provide some relief to employees and pensioners who are struggling to cope with rising prices.
The government is yet to make an official announcement about the DA hike. The dearness allowance hike is expected to be announced in March 2025.
Additional Points:
- The DA hike will be calculated based on the All-India Consumer Price Index for Industrial Workers (AICPI-IW).
- The DA is currently 53% of the basic pay for central government employees.
- The DA Value is 55.99 as of December 2024, according to DA Calculation Sheet
- The DA hike will benefit about 49.18 lakh central government employees and 64.89 lakh pensioners.
- The DA hike is a welcome relief for central government employees and pensioners, who are facing rising inflation.
It’s crucial to remember that this article is based on the current CPI-IW index value. While the projections are based on available data, the final decision rests with the government. Therefore, we must await the official announcement for confirmation.
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