CABINET
CABINET APPROVES RELEASE OF AN
ADDITIONAL INSTALMENT OF DEARNESS ALLOWANCE AND DEARNESS RELIEF DUE FROM
01.07.2023
48.67 LAKH
CENTRAL GOVERNMENT EMPLOYEES AND 67.95 LAKH PENSIONERS TO BENEFIT
Posted On: 18 OCT 2023 3:24PM by PIB
Delhi
The Union Cabinet, chaired by the Prime
Minister, Shri Narendra Modi has approved to release an additional instalment
of Dearness Allowance (DA) to Central Government employees and Dearness Relief
(DR) to pensioners w.e.f. 01.07.2023 representing an increase of 4% over the
existing rate of 42% of the Basic Pay/Pension, to compensate against price rise.
This increase is in accordance with the accepted formula, which is based on the
recommendations of the 7th Central Pay Commission.
The combined impact on the exchequer on account
of both Dearness Allowance and Dearness Relief would be Rs.12,857 crore per
annum. This will benefit about 48.67 lakh Central Government employees and
67.95 lakh pensioners. DS (RELEASE ID: 1968725)
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