Cabinet hikes DA for govt workers by 2%
TIMES NEWS NETWORK 08.03.2018
New Delhi: The Cabinet on Wednesday approved the dearness allowance (DA) for lakhs of central government employees and increased dearness relief (DR) to pensioners by 2%. The central government employees and pensioners were waiting for the hike since January.
The decision will benefit 48.5 lakh government employees and 61 lakh pensioners. This will come into effect from January 1, 2018. The government said the Cabinet approved to release an additional instalment of DA and DR “representing an increase of 2% over the existing rate of 5% of the basic pay/pension, to compensate for price rise.”
The hike in DA is made in accordance with the formula based on the recommendations of the 7th Central Pay Commission, government sources said.
TIMES NEWS NETWORK 08.03.2018
New Delhi: The Cabinet on Wednesday approved the dearness allowance (DA) for lakhs of central government employees and increased dearness relief (DR) to pensioners by 2%. The central government employees and pensioners were waiting for the hike since January.
The decision will benefit 48.5 lakh government employees and 61 lakh pensioners. This will come into effect from January 1, 2018. The government said the Cabinet approved to release an additional instalment of DA and DR “representing an increase of 2% over the existing rate of 5% of the basic pay/pension, to compensate for price rise.”
The hike in DA is made in accordance with the formula based on the recommendations of the 7th Central Pay Commission, government sources said.
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