Press Information Bureau
Government of India
18-April-2013 20:25 IST
Release of additional instalment of Dearness Allowance to central government employees and Dearness Relief to pensioners, due from 1.1.2013
The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2013 at the rate of 8 percent over the existing rate of 72 percent.
Thus, the combined impact on the exchequer on account of both DA and DR would be of the order of Rs.8629.20 crore per annum and Rs. 10067.36 crore in the financial year 2013-14 (that is for a period of 14 months from January, 2013 to February, 2014).
Dearness Allowance hiked by 8%: Zee News
New Delhi: The Union Cabinet on Thursday approved a proposal to increase dearness allowance (DA) by 8 percent to 80 percent from existing 72 percent.
The move will benefit about 50 lakh employees and 30 lakh pensioners of the central government.
The hike would be effective from January 1, 2013 and the employees and pensioners would be entitled for arrears.
Decision on hiking DA was deferred on April 2 as the Finance Minister was not present.
The government had hiked DA to 72 percent in September last year, which had come into effect from July 1, 2012.
As per the practice, the DA is merged with basic pay when it breaches the 50 percent cap. This helps employees get higher allowances as those are paid as proportion of the basic pay.
With PTI Inputs
Cabinet hikes dearness allowance by 8% for central government employees: NDTV
New Delhi: The Union Cabinet on Thursday approved a proposal to hike the dearness allowance (DA) by 8 per cent to 80 per cent of the basic pay for all central government employees.
The move, will benefit about 50 lakh serving employees and 30 lakh pensioners.
The government had raised the DA by 7 per cent in September last year to 72 per cent of the basic pay, effective July 1, 2012.
The government periodically hikes the DA which is linked to the consumer price index (CPI) for industrial workers.
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