CABINET APPROVES RELEASE OF ADDITIONAL
INSTALMENT OF DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND DEARNESS
RELIEF TO PENSIONERS, DUE FROM 01.07.2022
Posted On: 28 SEP 2022
4:05PM by PIB Delhi
The
Cabinet, chaired by Prime Minister, Shri Narendra Modi, has approved the
release of additional instalment of Dearness Allowance and Dearness Relief @ 4%
to Central Government employees and pensioners due from 01.07.2022 based on the
percentage increase in 12 monthly average of All India Consumer Price Index for
the period ending June, 2022.
The
Central Government employees and pensioners will become entitled to higher
amount of Dearness Allowance and Dearness Relief respectively, w.e.f.
01.07.2022.
The
additional financial implications on account of this increase of Dearness
Allowance to Central Government employees are estimated at Rs.6,591.36 crore
per annum; and Rs.4,394.24 crore in the financial year 2022-23 (i.e. for a
period of 8 months from July, 2022 to February, 2023).
The
additional financial implications on account of this increase of Dearness
Relief to pensioners are estimated at Rs.6,261.20 crore per annum; and
Rs.4,174.12 crore in the financial year 2022-23 (i.e. for a period of 8 months
from July, 2022 to February, 2023).
The
combined impart on the exchequer on account of both Dearness Allowance and
Dearness Relief would be of the order of Rs.12,852.56 crore per annum; and
Rs.8,568.36 crore in the financial year 2022-23 (i.e. for a period of 8 months
from July, 2022 to February, 2023).
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