Cabinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018

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..... Cabinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018
News and Press Release
Dated:- 29-8-2 .....

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The Union Cabinet, chaired by the Prime Minister Shri Narendra Modihas approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness R .....

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..... elief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise. The combined impact on the exchequer on .....

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..... account of both Dearness Allowance and Deamess Relief would be ₹ 6112.20 crore per annum and ₹ 4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to Feb .....

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..... ruary, 2019). This will benefit about 48.41 lakh Central Government employees and 62.03 lakh pensioners. This increase is in accordance with the accepted formula, which is based on the recommendatio .....

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..... ns of the 7th Central Pay Commission.
News - Press release - PIB .....

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