The major relief for central and state government employees is that the government is going to clear 7 months’ pending Dearness Allowance (DA) dues. This much-awaited decision comes as a great relief to lakhs of employees and pensioners, all of whom had been waiting for their accumulated dues of DA.
DA Arrears: What’s The Latest Update?
The government keeps changing the amounts of Dearness Allowance (DA) and Dearness Relief (DR) for the employees and pensioners against inflation. But since the hike in the DA was delayed, a big backlog was created for many months for several employees.
As per some recent reports, the central government is gearing up for the release of DA arrears for the last about 7 months, which would obviously be a major financial boost for employees before the Holi festival.
Who Will Benefit With DA Arrears?
The 7 months long pending DA arrears will benefit the following:
- Central government employees as per the 7th Pay Commission.
- State government employees, which depends on the decision of that state.
- Pensioners, who are going to get Dearness Relief arrears as well.
- Public sector employees, if the government deems appropriate to extend this benefit.
How Much DA Arrears Will Employees Receive?
The DA arrears of an employee depended on his/salary and increase in DA percentage. Here is a possible estimation of the calculation:
- To the tune of DA increased from 46% to 50%, an employee having a basic salary of ₹18,000 will have over ₹5,040 each month in DA.
- This will go up to ₹35,280 for being 7 months long.
- The arrears received by employees with high basic pay will be much larger.
This amount, pending in employees’ records, is going to significantly enhance their financial status, being helpful in rising expenses.
When Will The DA Arrears Be Credited?
No date is given as to when it would be. However, it is said in some sources that the announcement of the release of DA dues would come around Holi 2025. The said new DA hike and, of course, the arrears amount will reflect in the forthcoming salary payments.
Conclusion
The announcement of the 7-month DA arrears will bring solace to the government employees, affecting their overall income level and at least making them receive their rightful dues. The increase in the cost of living has seen the need for that pending payment in order to assist with the finances. Ears perked up, and all were eager to hear the date set aside for the notification regarding disbursement.
Also Read: 8th Pay Commission: Minimum Salary Will Increase From RS 18,000 To RS 46,000