Cabinet has approved to issue 5% additional Dearness Allowance from 1.7.2009 for Central Government Employees
Release of additional instalment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.7.2009
The Cabinet has decided to release an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2009 representing an increase of 5% over the existing rate of 22% 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. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs4355.35 crore in a full year and Rs.2903.55 crore in the financial year 2009-2010 (for a period of 8 months from July, 2009 to February, 2010).
Related Posts:
DA is waiting for Cabinet Approval...!
Expected DA (Dearness Allowance) for Central Government Employees from July 2009 is 27%
Comments
Great news, thanks. every central govt employee has pocket full of rupees during this months. happy dassara to all of u.
Dasghosh from Bhubaneswar
Prasanta K. Kundu from IACS, , Jadavpur, Kolkata-700 032.
from one of union member from tamil nadu
I am working in power sector CPSU, Till date our pay revision has not been done by our organization as well as power ministry. r u having any status info ?