Tuesday, April 7, 2015

Cabinet approved 6% D.A for central employees and pensioners from 01.01.2015

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the release of an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2015. This is an increase of six percent over the existing rate of 107 percent of the Basic Pay/Pension, to compensate for price rise.
Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 113 percent of the basic pay with effect from 01.01.2015. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission. 
The combined impact on the exchequer on account of both DA and DR would be of the order of Rs. 6762.24 crore per annum and Rs. 7889.34 crore in the Financial Year 2015-16 ( i.e. for a period of 14 months from January 2015 to February 2016). 
This will benefit 48 lakh government employees and 55 lakh pensioners. 

Click here for PIB Press Release.


S.Lakshman Rao said...

Relief of 6% increase of DA/Dearness Allowance releasal through Cabinet is a happy communication to all the salaried class/Pensioners...Regards...

Anonymous said...

Thank god he did not mention - in larger public interest and through proper office note!!!

Anonymous said...

At last the much awaited relief has been announced with a little bit of delay.

Contact Us

Viewers may share any information with the administrator in this email shyamali00@gmail.com
Any news, if approved, may be published in this blog under his /her name.
Related Posts with Thumbnails

Blog Archive

Bookmark This Page

Bookmark and Share
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.