DA Hiked For Central Govt Employees Hiked By 3%
DA Hiked For Central Govt Employees Hiked By 3%
The Union Cabinet chaired by the Prime Minister, 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 effective January 1 this year. That represents an increase of 3 per cent over the existing rate of 31 per cent of the basic pay/pension to compensate for the rise in prices.
Indeed, retail inflation, or the consumer price inflation, has remained above the upper-end of the Reserve Bank of Indiaโs target range of 2-6 per cent for two straight months this year.
That inflation data does not yet include the jump in crude prices from the Russia-Ukraine war, which economists say would push up prices pressures even further.
The cabinet notification said the term โbasic payโ means the pay drawn as per the 7th pay commission matrix and does not include any other type of pay like special pay.
The combined impact on the exchequer on account of both the dearness allowance and the dearness relief would be Rs.9,544.50 crore per annum.
This will benefit about 47.68 lakh central government employees and 68.62 lakh pensioners. It will be applicable for civilian employees and those employed in defence services.
The dearness allowance was hiked by a similar 3 per cent to 31 per cent last year, effective July 1, 2021
JKSSB Graduate Level Post Mock Tests
๐ ๐๐๐พ ๐๐๐ ๐พ๐ค๐ช๐ง๐จ๐ Mock Test
๐จ ๐๐๐พ ๐๐๐ Mock Test
๐ฎโโ๏ธ ๐๐๐พ ๐พ๐๐ ๐ฉ๐๐๐ง-1 Mock Test
๐ ๐๐๐พ ๐พ๐๐๐ Mock Test
๐ ๐๐๐ฝ ๐๐๐๐พ ๐พ๐ฝ๐-2 Mock Test
๐ ๐๐๐ฝ ๐๐ง๐ค๐ช๐ฅ ๐ฟ Mock Test
Feb 2021 – Aug 2021 – 07 Months Current Affairs PDF
Join Telegram | Install Mobile App
Install "Sarkari Naukri, Pvt Jobs, Trusted & Breaking News App" Highest Installs in J&K - Click me to Install
Install JKUpdates App for Android and Iphone
JKSSB Govt Jobs - Check Updates
Bank Jobs, IBPS, All Banks Updates
Jammu & Kashmir News Check All Latest News from J&K
Government Jobs, Private Jobs - Check All Jobs Updates