Cabinet approves release of an additional instalment of DA to Central Government employees and DR to Pensioners, due from 1.1.2019
Posted On: 19 FEB 2019 9:22PM by PIB Delhi
The
Union Cabinet chaired by Prime Minister Narendra Modi has given its
approval to the release of an additional instalment of Dearness
Allowance (DA) to Central Government employees, and Dearness Relief (DR)
to pensioners w.e.f. 1.1.2019 representing an increase of 3% over the
existing rate of 9% of the Basic Pay/Pension, to compensate for price
rise. This increase is in accordance with the accepted formula, which is
based on the recommendations of the 7th Central Pay Commission (CPC).
The combined impact on the exchequer on account of both DA and DR would
be Rs. 9168.12 crore per annum and Rs. 10696.14 crore in the FY 2019-20
(for a period of 14 months from January 2019 to February, 2020).This
will benefit about 48.41 lakh Central Government employees and 62.03
lakh pensioners.
AKT/SH
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