New Delhi, October 16: The Central Government has increased the Dearness Allowance (DA) of its employees and Dearness Relief (DR) of pensioners by three percent from July 01.
In the Union Cabinet meeting held on Wednesday under the chairmanship of Prime Minister Narendra Modi, an additional increase of three percent from the current rate of 50 percent of basic salary or pension was approved to compensate for inflation.
Union Information and Broadcasting Minister Ashwini Vaishnav gave this information in a press conference at the National Media Center.
According to the government, this increase is as per the approved formula based on the recommendations of the 7th Central Pay Commission. Due to DA and DR, there will be an additional burden of Rs 9,448.35 crore per year on the government treasury. This will benefit about 49.18 lakh employees and 64.89 lakh pensioners.
