CABINET
APPROVES RELEASE OF AN ADDITIONAL INSTALMENT OF DA TO CENTRAL GOVERNMENT
EMPLOYEES AND DR TO PENSIONERS, DUE FROM 1.1.2019
Posted On: 19 FEB 2019
9:22PM by PIB Delhi
The
Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to
the release of an additional instalment of Dearness Allowance (DA) to Central
Government employees, and Dearness Relief (DR) to pensioners w.e.f. 1.1.2019
representing an increase of 3% over the existing rate of 9% of the Basic
Pay/Pension, to compensate for price rise. This increase is in accordance with
the accepted formula, which is based on the recommendations of the
7th Central Pay Commission (CPC). The combined impact on the exchequer on
account of both DA and DR would be Rs. 9168.12 crore per annum and Rs. 10696.14
crore in the FY 2019-20 (for a period of 14 months from January 2019 to
February, 2020).This will benefit about 48.41 lakh Central Government employees
and 62.03 lakh pensioners.
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