Thursday, September 15, 2011

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners.

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Ministry of Finance

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners.

The Union Cabinet today approved release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners as due from 01.07.2011 at the rate of 7 per cent over the existing rate of 51 per cent.

The total financial implications on account of both Dearness Allowance and Dearness Relief would be Rs.7228.76 crore per annum and Rs.4819.22 crore in the current financial year.

Source: PIB

CABINET APPROVED 7% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES

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Flash News...
UNION CABINET APPROVED 7% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES

CABINET COMMITTEE APPROVED 7% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS

The Union Cabinet today approved to increase Dearness Allowance by 7% to Central Government employees.

The rate of Dearness allowance shall be enhanced from the existing rate of 51% to 58%.

Revised rates effective from 1.7.2011.



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