6%
INCREASE IN DA FROM JANUARY 2015 FOR CENTRAL GOVERNMENT EMPLOYEES AND DEARNESS
RELIEF FOR CENTRAL GOVERNMENT PENSIONERS WITH EFFECT FROM 1ST JANUARY 2015
APPROVED BY CABINET.
Press Information Bureau
Government of India
Ministry of Finance
07-April-2015 20:03 IST
Release of
additional installment of Dearness Allowance to Central Government
employees and Dearness Relief to Pensioners, due from 1.1.2015.
The Union Cabinet chaired by the Prime Minister, Shri Narendra
Modi, today gave its approval to release an additional installment of Dearness
Allowance (DA) to Central Government employees and Dearness Relief
(DR) to pensioners with effect from 01.01.2015 at the rate of six
percent increase over the existing rate of 107 percent.
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.
Source : Press Information
Bureau
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