Press Information Bureau
Government of India
Cabinet
29-August-2018 13:05 IST
Cabinet approves additional two per centum Dearness Allowance (DA) for Central Government employees as well as Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018
The Union Cabinet, chaired past times the Prime Minister Shri Narendra Modihas approved to loose an additional instalment of Dearness Allowance (DA) to Central Government employees as well as Dearness Relief (DR) to pensioners w.e.f. 01.07.2018 representing an growth of 2% over the existing charge per unit of measurement of 7% of the Basic Pay/Pension, to compensate for toll rise.
The combined touching on the exchequer on trace concern human relationship of both Dearness Allowance as well as Deamess Relief would last Rs.6112.20 crore per annum as well as Rs.4074.80 crore inwards the fiscal yr 2018-19 (for a menses of 08 months from July, 2018 to February, 2019).
This volition produce goodness nearly 48.41 lakh Central Government employees as well as 62.03 lakh pensioners.
This growth is inwards accordance alongside the accepted formula, which is based on the recommendations of the seventh Central Pay Commission.
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