Cabinet Approval for DA Hike from July 2019 is Expected next week

Cabinet Approval for DA Hike from July 2019 is Expected third week of this Month

Cabinet Approval for DA Hike

As per Consumer Price Index Numbers for 12 Months from July 2018 to June 2019, the rate of Dearness Allowance will be enhanced by 5% from existing 12 % to 17% with effect from 1.7.2019. This is the first big hike in 7th CPC regime.

Usually the approval for this enhancement of DA will be given by Union Cabinet in the first week of third month. But this present Government accorded its approval in the last week of second month of the DA hike due. DA hike from January 2019 has got its approval on 20^th February 2019 .

Hence it is expected that the Cabinet Committee on Economic Affairs will approve this proposal in the meeting to be held next week. Subsequently the Finance Ministry will issue order for payment of DA from July 2019 with increased rate.