Live
- Atul Subhash suicide case: Wife absconds, K'taka Police arrest her mother, brother
- Garena Free Fire MAX Redeem Codes for December 13, 2024: Exclusive Rewards Await!
- Call to include Veera Saivas in OBC category
- December 2024: 5G Smartphones Under Rs 25,000 - Nothing Phone (2a) and More
- Freshers’ Day celebrations held at SKCHS
- Fresh Case Filed Against Mohan Babu, Sons for Assault on Journalist in Pahadishareef
- Committed to providing every facility to devotees at Maha Kumbh, says PM Modi
- Cold wave hits Manyam district, residents struggle with low temperature
- Naidu striving to solve land disputes in State says MLA Kandikunta
- District administration is prepared to tackle rain situation says Joint Collector Shubham Bansal
Cabinet okays 4 per cent hike in DA for Central govt staff
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2024, representing an increase of 4 per cent over the existing rate of 46 per cent of the basic pay/pension, to compensate against price rise.
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2024, representing an increase of 4 per cent over the existing rate of 46 per cent of the basic pay/pension, to compensate against price rise.
This will benefit about 49.18 lakh Central government employees and 67.95 lakh pensioners, according to an official statement issued after the meeting.
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 12,868.72 crore per annum.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
