All eyes are on the Union Cabinet meeting today, where a dearness allowance (DA) hike for central government employees may be announced.
Employees expect a 3% increase, raising the DA from 50% to 53%. This change, effective from October, will also include arrears for the previous three months, covering July to September. This follows a 4% increase in March 2024, which adjusted the DA from 46% to 50%. Over one crore beneficiaries are keenly awaiting this announcement, especially with rising costs ahead of Diwali.