Wednesday, 29 August 2018

DA: Cabinet approves additional 2% DA for CG Employees and Dearness Relief (DR) to pensioners wef 01.07.2018

DA: Cabinet approves additional 2% DA for CG Employees and Dearness Relief (DR) to pensioners wef 01.07.2018

प्रधान मंत्री श्री नरेन्द्र मोदी की अध्यक्षता में केंद्रीय मंत्रिमंडल ने केंद्र सरकार के कर्मचारियों और पेंशनभोगियों के लिए दिनांक 01.07.2018 से क्रमशः महंगाई भत्ता (डीए) और महंगाई राहत (डीआर) की अतिरिक्त किश्त  जारी करने की मंजूरी दे दी है। महंगाई भत्ते मे वृद्धि  मूल वेतन / पेंशन के मौजूदा  7% की से बढ़ा कर 9% करने की मंजूरी दी गई।


 Ministry of Finance

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

Posted On: 29 AUG 2018 1:07PM by PIB Delhi
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The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (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 account of both Dearness Allowance and Dearness Relief would be Rs.6112.20 crore per annum and Rs.4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to February, 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 recommendations of the 7th Central Pay Commission.

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AKT/SNC


cabinet-approves-additional-2-percent-dearness-allowance


Source: PIB


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