DA hike for central government employees: Can Finance Ministry announce dearness allowance this week? Experts weigh in

DA hike: Central government employees are eagerly awaiting news of a potential 63% DA hike, with insiders suggesting the announcement could arrive within the week. Historically, these announcements align with major festivals like Dussehra, giving them additional significance. The DA is usually calculated from the average All India Consumer Price Index over the past year, and the upcoming official statement will reveal the exact figures and timeline.