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Dearness Allowance (DA) For Government Employees, Pensioners Increased By 3%
Wednesday, February 20, 2019 IST
Dearness Allowance (DA) For Government Employees, Pensioners Increased By 3%

The move will benefit more than one crore central government employees and pensioners.

 
 

NEW DELHI: The cabinet on Tuesday announced that it had approved a 3 per cent hike in Dearness Allowance or DA, a move that will benefit more than one crore central government employees and pensioners from January 1, 2019.
 
The decision will cost the exchequer over Rs. 9,000 crore.
 
Dearness allowance is a component of salary paid to employees to counter the effect of inflation.
 
The 3 per cent increase will take the DA and Dearness Rate (DR) for pensioners to 12 per cent, Finance Minister Arun Jaitley told reporters after the cabinet meeting.
 
The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners, news agency PTI said.
 
This increase follows the accepted formula, which is based on the recommendations of the Seventh Central Pay Commission.

 
 
 
 
 

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Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


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