Press Esc to close
Sunday 21 September 2014
News updated at 5:18 PM IST
Weather
Max: 27.1°C
Min : 20.1°C
In Bangalore
Sunny day

8 pc DA hike for Central staff

New Delhi:Mar 19, DHNS:

Cabinet decisions: Nearly 50 lakh employees, pensioners likely to be benefited

The Union Cabinet on Friday approved a 8 per cent hike in the Dearness Allowance (DA) for Central government employees and pensioners.

Driving Force: Union Home Minister P Chidambaram coming out after attending a Cabinet meeting in New Delhi on  Friday. PTI

This decision, against the backdrop of rising inflation hitting people at large, is likely to benefit nearly 50 lakh Central government employees and pensioners. The 8 per cent hike in DA of government employees and dearness relief of pensioners will be effective January 1, this year.

Information and Broadcasting Minister Ambika Soni told newspersons after the Cabinet meeting that the increase is over and above the existing DA rate of 27 per cent of basic pay or pension. Thus the DA for the Central government employees stands revised from the existing 27 per cent to 35 per cent of the basic pay.

The increase is in accordance with the accepted formula based on the recommendations of the Sixth Central Pay Commission. The combined impact on the exchequer on account of both DA and dearness relief would be of the order of Rs 6,969.36 crore per annum and Rs 8,131.20 crore in the financial year 2010-2011.


The DA revision is based on the consumer price index (CPI) for industrial workers, which has been showing a steep increase along with other indices of price rise.
The CPI for industrial workers increased to 16.2 per cent in January from 10.4 per cent a year ago.
DH News Service

Go to Top

Photo Gallery
Amitabh Bachchan attends a “Kaun Banega Crorepati” event in Mumbai ...

Amitabh Bachchan attends a “Kaun Banega Crorepati” event in Mumbai ...

Gold medal winner India's Jitu Rai poses at the medal ceremony of Men's 50M Pistol shooting ...

Gold medal winner India's Jitu Rai poses at the medal ceremony of Men's 50M Pistol shooting ...

India's Heena Sindhu  during 10M Air Pistol Women's team qualification shooting ...

India's Heena Sindhu during 10M Air Pistol Women's team qualification shooting ...

Dalai Lama during inaugural speech at two-day meeting of Diverse Spiritual Traditions of India ...

Dalai Lama during inaugural speech at two-day meeting of Diverse Spiritual Traditions of India ...

John Abraham along with Spanish football player Joan Capdevila during a press conference in ...

John Abraham along with Spanish football player Joan Capdevila during a press conference in ...

India's badminton player P V Sindhu play a shot against Thailand's Buranaprasertsuk ...

India's badminton player P V Sindhu play a shot against Thailand's Buranaprasertsuk ...

ITC Chairman Y C Deveshwar meets Prime Minister Narendra Modi to hand over a cheque for  ...

ITC Chairman Y C Deveshwar meets Prime Minister Narendra Modi to hand over a cheque for ...

India's P C Thulasi plays a shot during the Quaterfinal match of women's singles badminton ...

India's P C Thulasi plays a shot during the Quaterfinal match of women's singles badminton ...

Two stray dogs on a pipe in a flooded locality on the outskirts of Srinagar ...

Two stray dogs on a pipe in a flooded locality on the outskirts of Srinagar ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523