Cabinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018

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....abinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018 <br>News and Press Release<br>Dated:- 29-8-20....

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....18<br><BR>The Union Cabinet, chaired by the Prime Minister Shri Narendra Modihas approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Re....

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....lief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise. The combined impact on the exchequer on a....

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....ccount of both Dearness Allowance and Deamess Relief would be &#8377; 6112.20 crore per annum and &#8377; 4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to Febr....

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....uary, 2019). This 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 recommendation....

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....s of the 7th Central Pay Commission.<BR> News - Press release - PIB....