Centre hikes DA by 3%, to benefit 1.1 crore employees and pensioners

The decision in this regard was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi. The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.

Press Trust of India 
New Delhi

This increase is in accordance with the accepted formula, which is based on the recommendations of the Seventh Central Pay Commission. (Image for representation: Reuters)

The Union Cabinet on Tuesday increased the dearness allowance by 3 per cent effective from January 1, 2019, a move which will benefit 1.1 crore central government employees and pensioners.

The decision in this regard was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi.

The Cabinet has approved additional DA of 3 per cent over the existing rate of 9 per cent to government employees and dearness relief to pensioners from January 1, 2019, 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.

This increase is in accordance with the accepted formula, which is based on the recommendations of the Seventh Central Pay Commission.

Source:https://www.indiatoday.in/india/story/centre-hikes-dearness-allowance-by-3-per-cent-to-benefit-1-1-crore-employees-and-pensioners-1460078-2019-02-19

Related Posts

Post a Comment

Follow by Email

DISCLAIMER

The contents and information given in this blog are purely informative in nature and should not under any circumstances be taken as authority. All efforts had been made to ensure accuracy of the content on this (www.centralgovernmentemployees.com) blog. The same should not be construed as a statement of law or used for any legal purposes. centralgovernmentemployees.com accepts no responsibility in relation to the accuracy, completeness or otherwise, of the contents. Users are advised to verify/check any information with the relevant departments and to obtain any appropriate professional advice before acting on the information provided in the blog. We cannot guarantee the availability linked pages at all times.
Subscribe Our Newsletter