Release of additional installment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.7.2013
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ReleasePrintPress Information Bureau
Government of India
Ministry of Finance
20-September-2013 12:57 IST
Release of additional installment of
dearness allowance to Central Government employees and dearness relief to
Pensioners, due from 1.7.2013
The Union Cabinet today approved the
proposal to release an additional installment of Dearness Allowance (DA) to
Central Government employees and Dearness Relief (DR) to pensioners with effect
from 01.07.2013, in cash, at the rate of 10 per cent increase over the existing
rate of 80 per cent.
Hence, the Central Government
employees as well as the pensioners are entitled for DA/DR at the rate of 90
per cent of the basic with effect from 01.07.2013. The increase is in
accordance with the accepted formula 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 Rs. 10879.60 crore per annum and Rs. 7253.10 crore in the financial year
2013-14 ( i.e. for a period of 8 month from July, 2013 to February 2014).
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