Cabinet clears 4% DA hike; 48 lakh central govt employees, 65 lakh pensioners to benefit
The Union Cabinet on Friday approved 4 percent hike in dearness allowance (DA) to 21 pe cent for central government employees, costing the exchequer an additional Rs 14,595 crore
New Delhi: The Union Cabinet on Friday approved 4 percent increase in dearness allowances (DA) for government employees and pensioners to 21 percent, which will benefit over 1.13 crore people.
The move will come into effect retrospectively from 1 January, 2020.
Cabinet Meet Outcome | Union Ministers @nsitharaman, @PiyushGoyal & @PrakashJavdekar brief the media on important cabinet decisions. Prakash Javadekar says Cabinet has cleared 6 decisions today pic.twitter.com/3HtwVjUdkd
— CNBC-TV18 (@CNBCTV18Live) March 13, 2020
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved to release an additional instalment of dearness allowance (DA) to central government employees and dearness relief (DR) to pensioners with effect from 1 January, 2020, an official statement said.
There will be an increase of 4 percent over the existing rate of 17 percent of the basic pay/pension to compensate for price rise, it added.
"The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs 12,510.04 crore per annum and Rs 14,595.04 crore in financial year 2020-21 (for a period of 14 months from January 2020 to February 2021)," the statement said.
It will benefit about 48.34 lakh central government employees and 65.26 lakh pensioners.
"The increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission," it added.
Congress accuses BJP-led dispensation of misusing Pegasus to being down elected Karnataka government
Demanding a court-monitored inquiry, Congress' Mallikarjun Kharge questioned if governments in Madhya Pradesh, Manipur and Goa were also toppled using the spyware
Zydus Cadila's vaccine may be available for children soon, trials nearly complete, Centre informs Delhi HC
The court observed that it would be a 'disaster' if COVID-19 vaccines are administered to children without conducting proper research
The Bihar chief minister said the state Assembly has passed unanimous resolutions twice in 2019 and 2020 in favour of a caste-based census.