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Explained: First 4, then 3 and now 2%, how much did the salary of government employees increase..

The article from MSN discusses the recent changes in the salary structure for government employees in India. Initially, the government announced a 4% increase in Dearness Allowance (DA) in March 2020, which was later revised to a 3% hike in June 2021 due to economic constraints caused by the global health crisis. However, in a recent development, the government has now approved a 2% increase in DA, effective from January 1, 2023. This adjustment aims to provide some relief to government employees amidst rising inflation and cost of living. The DA is calculated as a percentage of the basic salary, and this increment will also affect other allowances linked to DA, like House Rent Allowance (HRA), thereby providing a slight boost to the overall compensation of government workers.

Read the Full Newspoint Article at:
[ https://www.msn.com/en-in/politics/government/explained-first-4-then-3-and-now-2-how-much-did-the-salary-of-government-employees-increase/ar-AA1BSPy8 ]


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