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 Relief (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 account of both Dearness Allowance and Deamess Relief would be Rs.6112.20 crore per annum and Rs.4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to February, 2019).
This will benefit about 48.41 lakh Central Government employees and 62.03 lakh pensioners.
4 comments:
Please do not post these sort of clerical news.
Please concentrate on real news like, Promotion, Recruitment Rules, ICT Policy etc.
thanks
Pr.CCIT Promotion
Order No 142 of 2018
https://www.irsofficersonline.gov.in/Documents/OfficalCommunique/129082018194907.pdf
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