Cabinet approves two percent Dearness Allowance to Central Government employees

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..... Cabinet approves two percent Dearness Allowance to Central Government employees
News and Press Release
Dated:- 8-3-2018

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has .....

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..... given its approval to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensionersw.e.f. 01.01.2018 representing an increase of 2 .....

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..... % over the existing rate of 5% of the Basic Pay/Pension, to compensate for price rise. This will benefit about 48.41 lakh Central Government employees and 61.17 lakh pensioners. The combined impact .....

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..... on the exchequer on account of both Dearness Allowance and Dearness Relief would be ₹ 6077.72 crore per annum and ₹ 7090.68 crore in the financial year 2018-19 (for a period of 14 months f .....

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..... rom January, 2018 to February, 2019). This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
News - Press release - PIB .....

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..... .....

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