Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, effect from 01.01.2022
30 MAR 2022
The Union Cabinet chaired by the Prime Minister, Shri 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 w.e.f. 01.01.2022 representing an increase of 3% over the existing rate of 31% of the Basic Pay/Pension, to compensate for price rise.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
The combined impact on the exchequer on account of both Dearness Allowance and 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.
***********Source: PIB Download 3% DA to Central Government employees and DR to Pensioners, effect from 01.01.2022 in English Download 3% DA to Central Government employees and DR to Pensioners, effect from 01.01.2022 in Hindi
Gautam Ramkumar Pal says
V good information
S Radhakrishnan says
Very good. But the same Government is silent since last decades when it comes to Bank pensioners regarding uniform DA formula for all pensioners, updation of pension during each bipartite settlement though the FM announced 2 years before that bank pensioners pensions required updation.