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NEW DELHI: The Union Cupboard on Wednesday accredited 3 per cent hike in dearness allowance (DA) for central authorities staff and dearness reduction (DR) to pensioners.
With this, DA for such staff now stands at 34 per cent of the fundamental pay/pension as in opposition to 31 per cent earlier.
The hike can be relevant with impact from January 1, 2022.
“This improve is in accordance with the accepted system, which relies on the suggestions of the seventh Central Pay Fee,” the federal government stated in an official launch.
The mixed impression on the exchequer on account of each DA and DR could be Rs 9,544.50 crore each year.
“This may profit about 47.68 lakh central authorities staff and 68.62 lakh pensioners,” the discharge stated.
In October final 12 months, the Centre had elevated DA from 28 per cent to 31 per cent. It was the 2nd increase in a 12 months as DA charges had been hiked from 17 per cent to twenty-eight per cent after virtually a 12 months lengthy hole in July 2021.
In wake of the Covid-19 pandemic, the Centre had frozen three extra instalments of the DA and DR which had been due from January 1, 2020, July 1, 2020 and January 1, 2021.
With this, DA for such staff now stands at 34 per cent of the fundamental pay/pension as in opposition to 31 per cent earlier.
The hike can be relevant with impact from January 1, 2022.
“This improve is in accordance with the accepted system, which relies on the suggestions of the seventh Central Pay Fee,” the federal government stated in an official launch.
The mixed impression on the exchequer on account of each DA and DR could be Rs 9,544.50 crore each year.
“This may profit about 47.68 lakh central authorities staff and 68.62 lakh pensioners,” the discharge stated.
In October final 12 months, the Centre had elevated DA from 28 per cent to 31 per cent. It was the 2nd increase in a 12 months as DA charges had been hiked from 17 per cent to twenty-eight per cent after virtually a 12 months lengthy hole in July 2021.
In wake of the Covid-19 pandemic, the Centre had frozen three extra instalments of the DA and DR which had been due from January 1, 2020, July 1, 2020 and January 1, 2021.
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