Connect with us

Delhi

Cabinet approves 2% hike in DA/DR for central staff, pensioners

Published

on

New Delhi, Oct 27 : The Union Cabinet on Thursday approved a two per cent hike in the Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners, with effect from July 1 this year, said Union Finance Minister Arun Jaitley.

514120-money-reuters

The decision will benefit more than 50 lakh government employees and more than 54 lakh pensioners, he said.

“The cabinet has given its approval to release an instalment of DA to central government employees and DR to pensioners from July 1, representing an increase of two per cent of the revised basic pay/pension, to compensate for price rise,” Jaitley said.

He said that the increase is in accordance with the accepted formula, based on 7th Central Pay Commission recommendations.

As per the formula, the government increases DA on the basis of the 12-month average of retail inflation, but does not consider price rise rate beyond a decimal point for reaching the deciding the DA rate.

The government pays DA as a proportion of the basic pay to mitigate the impact of inflation. The pensioners too get the DR.

The hike would cost the exchequer Rs 5,622.10 crore per annum. For the eight months (July 2016 to February 2017), the cost to exchequer will be Rs 3,748.06 crore.

The government had last hiked the DA in March this year by six per cent to 125 per cent of the basic pay.

In 2015, the DA was hiked in April by six per cent to 113 per cent of the basic pay and then to 119 per cent in September.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Delhi

Situation in Delhi under control after COVID-19 lockdown 4 : Arvind Kejriwal

Published

on

By

New Delhi, 25 May : Delhi Chief Minister Arvind Kejriwal on Monday (May 25, 2020) said that the situation in the national capital is under control and his government is ready to deal with any kind of situation that comes in front of them.

Kejriwal, also stressed that even after several relaxations given in the fourth phase of COVID-19-induced lockdown the number of cases didn’t see any unusual rise.

Addressing an online media briefing, Kejriwal informed that around 3,500 COVID-19 cases were reported since the fourth-phase of the lockdown began.

Continue Reading

Delhi

Cleared Shaheen Bagh, booked violators: Delhi Police

Published

on

New Delhi, 24 March : In view of the complete lockdown in the national capital to thwart the COVID-19 spread, Delhi Police cleared the protest site in Shaheen Bagh on Tuesday and detained some protesters.

Deputy Commissioner of Police R. P. Meena said, “Police requested them to vacate the place but they refused. So, police cleared the area and detained a few protesters.”

The Delhi Police also said, “All protest sites have been cleared — Jaffrabad, Jamia and Turkman Gate. Some persons detained in all these places as well.”

Sources in Delhi Police said, “A team of senior police officers reached the site at 6.45 a.m. First, they tried to pacify the protesters. At that time around a dozen persons were present. Usually, very few women protesters remain there during the mornings. And because of the lockdown, their number already was very less.”

The police arrived with trucks and JCB machines and dismantled all the structures and seized the tents.

Continue Reading

Delhi

Arvind Kejriwal takes oath as CM for third time, Calls it Delhi’s WIN

Published

on

New Delhi, 16 Feb : Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Sunday took oath as Delhi Chief Minister for the third time at the Ramlila Maidan here.

Common man runs Delhi, not politicians: Kejriwal

Third time Delhi Chief Minister Arvind Kejriwal at his swearing in ceremony on Sunday asserted he would work for the next five years in coordination with the Centre without discriminating against those who did not support his party during the recently-concluded Delhi Assembly polls.

Junior Kejriwal steals the show at swearing-in

While Arvind Kejriwal was busy taking oath for the third time as Delhi Chief Minister, ‘junior Kejriwal’ stole the show at Ramlila ground, drawing attention from the large crowd.

Continue Reading

Trending Live

Advertisement

Latest Post

Big News

Advertisement

Sports

Advertisement

Entertainment

Trending