2% Dearness Allowance Hike Cleared For Central Government Employees From January 1
Thursday, March 8, 2018 IST
NEW DELHI: Dearness allowance for lakhs of central government employees and pensioners has been hiked by 2 per cent. The increase was approved by the Union Cabinet at its meeting chaired by Prime Minister Narendra Modi this evening.
It will benefit 50 lakh government employees and 61 lakh pensioners of the central government and will come into effect from 1 January 2018.
Dearness allowance and dearness relief are provided to employees and pensioners to neutralise the impact of inflation on their earnings.
The existing dearness allowance - paid as proportion of the basic pay of central government employees or pension - is 5%.
According to the government, the increase in dearness allowance is made in accordance with the formula based on the recommendations of the 7th Central Pay Commission.
Related Topics
Related News & Articles
Traveling by road has become the next It to do these days. Be it a college student or a corporate employee, going for a road trip has become one of the best way...
Recently posted . 661 views . 5 min read
The pattern of solution to a problem must be worked upon. A typical question often requires a combination of various concepts and their intertwining among themselve...
Recently posted . 446 views . 1 min read
NEW DELHI: The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians ...
Recently posted . 470 views . 4 min read
New Delhi: Prime Minister Narendra Modi on Wednesday tweeted that he had welcomed US President Donald Trump to India after a warm discussion with him over phone.
Recently posted . 494 views . 35 min read
The Modi government and the military have gone into ‘denial’ about loss of territory, attributing the present situation to differing perceptions about...
Recently posted . 538 views . 2 min read
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 61K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 8K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 7K views . 7 min read
True – Tr...
Recently posted . 6K views . 83 min read
More in National
Chief Minister V Narayanasamy said a massive drive would also be launched to create awareness among the merchants and the public on the necessity of the ban.
Recently posted. 513 views . 1 min read
National Informatics Centre will hire 800 professionals in the next one year, including for 355 cyber security experts, as increased cyber risks globally bring da...
Recently posted. 686 views . 1 min read
Girls put up a stellar performance in the arts and commerce stream while boys dominated the science stream merit list in results of the Class 12 examinatio...
Recently posted. 686 views . 25 min read
Recently posted . 1K views
Recently posted . 682 views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 967 views . 20 min read
Recently posted . 1K views . 87 min read
The video was filmed in Chennai's Virugambakkam area.
Recently posted. 435 views . 0 min read
The PMO has proposed allocating the cadre and service to probationers only after they complete three-month foundation course. Govt says just a suggestion, no fina...
Recently posted. 660 views . 1 min read