The Railway Board has revised the dearness allowance for its employees from 42 per cent to 46 per cent of the basic pay effective from July 1, 2023. 7th Pay Commission News: Railway Board Announces 4% Hike in DA for Employees.
After the government revived representations in this regard, the government will be providing House Rent Allowance (HRA), Compensatory Local Allowance (CLA), Travelling Allowance (TA) and Medical Allowance (MA) to employees of various PSUs, Boards and Corporations.
7th Pay Commission DA hike news: The increase in dearness allowance and dearness relief will benefit 48.67 lakh central government employees and 67.95 lakh pensioners, respectively.