Cabinet approves release of an additional instalment of DA to Central Government employees and DR to Pensioners, due from 1.1.2019

Cabinet approves release of an additional instalment of DA to Central Government employees and DR to Pensioners, due from 1.1.2019

 

Press Information Bureau
Government of India
Cabinet

19-February-2019 21:22 IST

Cabinet approves release of an additional instalment of DA to Central Government employees and DR to Pensioners, due from 1.1.2019

The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the release of an additional instalment of Dearness Allowance (DA) to Central Government employees, and Dearness Relief (DR) to pensioners w.e.f. 1.1.2019 representing an increase of 3% over the existing rate of 9% of the Basic Pay/Pension, to compensate for price rise. This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission (CPC). The combined impact on the exchequer on account of both DA and DR would be Rs. 9168.12 crore per annum and Rs. 10696.14 crore in the FY 2019-20 (for a period of 14 months from January 2019 to February, 2020). This will benefit about 48.41 lakh Central Government employees and 62.03 lakh pensioners.

PIB

Cabinet Approved 3% Additional DA from Jan 2019 for Central Government Employees and Pensioners

Cabinet Approved 3% Additional DA from Jan 2019 for Central Government Employees and Pensioners

Total 12% DA from Jan 2019 for CG Employees

Union Cabinet today approved to hike 3% additional Dearness Allowance to all group of Central Government employees with effect from 1st January 2019.

As per the decision taken in the cabinet meeting today (19.2.2019), 3 percent additional Dearness Allowance approved to all Central Government employees and Pensioners with effect 1.1.2019. The total Dearness Allowance will be 12%.

Usually the decision taken on DA by March 1st or 2nd week only. This is the unusal announcement, due to Lok Sabha election. The formal orders issued soon by the Ministry of Finance.

Via: CentralGovernmentNews.com