Press Information Bureau

Government of India

Ministry of Finance

15-September-2011 14:21 IST

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners

The Union Cabinet today approved release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners as due from 01.07.2011 at the rate of 7 per cent over the existing rate of 51 per cent.

The total financial implications on account of both Dearness Allowance and Dearness Relief would be Rs.7228.76 crore per annum and Rs.4819.22 crore in the current financial year.

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SH/SK/LM/SM

Dearness Allowance increase authorised, extending higher dearness relief to pensioners with disclosed fiscal impact. Release of an additional instalment of Dearness Allowance for Central Government employees and Dearness Relief for pensioners, effective from 01.07.2011, increasing the existing rate by seven percentage points. The Union Cabinet authorised the increase and disclosed aggregate financial implications for both allowances on an annual basis and for the current financial year.