Thursday, February 26, 2009

Govt announced 6% Dearness Allowance for Central staff

As informed earlier in this blog, Central government employees and pensioners will get an additional six per cent dearness allowance from next month, putting a burden of over Rs 6,000 crore on the exchequer. Employees and pensioners will get the additional DA with retrospective effect from January one this year, as per a decision cleared by the Cabinet Committee on Economic Affairs (CCEA) here.

The revised DA would be 22 per cent, payable from next month's salary, against 16 per cent at present, Home Minister P Chidambaram told reporters here. The combined burden of the increased DA to employees and the retired will be Rs 6,020 crore from January 2009 to February 2010, he said.

However, the exchequer will take a hit of Rs 5,159 crore for the full year, Chidambaram said here.


Source PTI

No comments :

All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.

Blog Archive