Saturday, March 24, 2012

Release of additional instalment of Dearness Allowance and Dearness Relief

Press Information Bureau
Government of India
Ministry of Finance
23-March-2012 19:37 IST

Release of additional instalment of Dearness Allowance and Dearness Relief

The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.

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Posted by Nandhi at 3/24/2012 08:46:00 AM 0 comments
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