CABINET APPROVED 6% D.A. TODAY
W.E.F. 01-07-2015 D.A. ENHANCED FROM 113 % to 119%
Release of additional
instalment of Dearness Allowance to Central Government employees and Dearness
Relief to Pensioners due from 1.7.2015
The Union Cabinet, chaired by
the Prime Minister Shri Narendra Modi, has approved release of an additional
instalment of Dearness Allowance (DA) to Central Government employees and
Dearness Relief (DR) to Pensioners w.e.f. 01.07.2015. This represents an
increase of 6 percent over the existing rate of 113 percent of the Basic
Pay/Pension, to compensate for price rise.
This will benefit about 50
lakh Government employees and 56 lakh pensioners.
The increase is in accordance
with the accepted formula, which is based on the recommendations of the 6th
Central Pay Commission (CPC). The combined impact on the exchequer on account
of both Dearness Allowance and Dearness Relief would be in the order of Rs.
6655.14 crore per annum and Rs.4436.76 crore in the financial year 2015-16 (for
a period of 8 months from July, 2015 to February, 2016).
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