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
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 . 64K 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 . 10K 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 . 9K views . 7 min read
True – Tr...
Recently posted . 8K views . 83 min read
More in National
A train set, much like a Delhi Metro rake, comprises of many coaches that are individually powered by a propulsion system, eliminating the need for a locomotive.
Recently posted. 786 views . 1 min read
A secret weapon from Thailand that can change the future of Mumbai
Recently posted. 710 views . 0 min read
MP home minister Bhupendra Singh believes pornography is the “main cause” for rapes in the state and has written to the Centre on Monday to ban access t...
Recently posted. 754 views . 1 min read
Recently posted . 1K views
Recently posted . 682 views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 3K views . 20 min read
Recently posted . 1K views . 48 min read
The milk ATM in Berhampur has a carrying capacity of 500 litres. One litre of milk is sold at Rs 40 and the consumer take out a minimum of 250 ml of milk at Rs 10.<...
Recently posted. 1K views . 1 min read
New Delhi: Kolkata police have captured three men for purportedly assaulting the caretaker of ace Indian pacer Mohammed Shami's apartment.
On Saturda...
Recently posted. 791 views . 6 min read