Bonanza for Central govt employees: Cabinet approves dearness allowance by 4%
New Delhi/IBNS: Giving some good news to central government employees, the Cabinet on Friday approved 4 percent dearness allowance (DA) for them.
The DA now stands at 21 percent from 17 percent.
Union Minister Prakash Jadadekar said while addressing a press conference: "#Cabinet approves an increase of 4 % #DearnessAllowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2020. This is over the existing rate of 17 percent of the Basic Pay/Pension."
#Cabinet approves an increase of 4 % #DearnessAllowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2020. This is over the existing rate of 17 percent of the Basic Pay/Pension.@PrakashJavdekar #CabinetDecision pic.twitter.com/cbVWvjnX7V
— PIB India (@PIB_India) March 13, 2020
Jadadekar said the move will cost the government Rs 14,595 crore.
The step is expected to benefit nearly 48 lakh central government employees and 65 lakh pensioners.
Image: PIB twitter page
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