Del. HC: Denying Seat to Candidate Due to Administrative Fault Would be Unjust  ||  All. HC: Not Mandatory for Passport Authority to Impound Passport of Accused Persons  ||  Raj. HC: In Absence of Statutory Rules, Denying Appt. on Basis of Minimum Height is Discriminatory  ||  MP HC: Party Required to Lay Factual Foundation for Getting Benefit of Section 65 of Evidence Act  ||  Ker. HC: Settlement of Cases Including Offence of Rape & POCSO Act Offences is Not Permissible  ||  Gujarat High Court: Wife Allowed to Become Guardian & Manager of Husband in Coma  ||  SC: Partition of Property Can’t be Done by Metes & Bounds in Chandigarh  ||  SC Approves Requirement for Judicial Officers to be Converse With Local Language  ||  Kerala High Court: Denial of Ordinary Leave Reduces Convict’s Chances of Rehabilitation  ||  Delhi HC Issues Circular Regarding Pass-Overs or Adjournments in Bail, Parole Matters    

Cabinet approves two percent Dearness Allowance to Central Government employees- (Press Information Bureau) (07 Mar 2018)

MANU/PIBU/0395/2018

Service

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2018 representing an increase of 2% over the existing rate of 5% of the Basic Pay/Pension, to compensate for price rise. This will benefit about 48.41 lakh Central Government employees and 61.17 lakh pensioners. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs. 6077.72 crore per annum and Rs. 7090.68 crore in the financial year 2018-19 (for a period of 14 months from January, 2018 to February, 2019). This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

Tags : TWO PERCENT   DEARNESS ALLOWANCE   APPROVAL  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved