Cabinet approved DA - 6%
Release of additional installment of Dearness Allowance to Central Government employees and Pensioners from 01.01.2015
Press Information Bureau
Government Of India
07-April 2015
Government Of India
07-April 2015
Release
of additional installment of Dearness Allowance to Central Government
employees and Dearness Relief to Pensioners, due from 1.1.2015
The
Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today
gave its approval to release an additional installment of Dearness
Allowance (DA) to Central Government employees and Dearness Relief (DR)
to pensioners with effect from 01.01.2015 at the rate of six percent
increase over the existing rate of 107 percent.
Hence,
Central Government employees as well as pensioners are entitled for
DA/DR at the rate of 113 percent of the basic pay with effect from
01.01.2015. The increase is in accordance with the accepted formula
based on the recommendations of the 6th Central Pay Commission.
The
combined impact on the exchequer on account of both DA and DR would be
of the order of Rs. 6762.24 crore per annum and Rs. 7889.34 crore in the
Financial Year 2015-16 ( i.e. for a period of 14 months from January
2015 to February 2016).
This will benefit 48 lakh government employees and 55 lakh pensioners.
Source: PIB