Cabinet approves two percent Dearness Allowance to Central Government employees
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to release an additional instalment 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.
Also check : DA Calculation Sheet
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.
What is the DA hike for employees who have not got VII CPC ?
Thank u please think of us sirTeachers should be given first priority .please think for tbe English medium school teachers.After serving 15 to 20 years
Kindly hike our salary.with this salary we are not able to borrow bank loan.Sincere request to u kindly look into our salary part
Thank u please think of us sir
What about english medium svhool teachers salary please think of us. Odisha