Cabinet Approved 6 percent DA hike from January 2016 – Official News
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016
Press Information Bureau
Government of India
Ministry of Finance
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.01.2016. This represents an increase of 6 percent over the existing rate of 119 percent of the Basic Pay/Pension, to compensate for price rise.
This will benefit about 50 lakh Government employees and 58 lakh pensioners.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of Rs. 6796.50 crore per annum and Rs.7929.24 crore respectively, in the financial year 2016-17 (for a period of 14 months from January, 2016 to February, 2017).
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Rule of Law : January DA/DR with April Salary/Pension.Similarly DA/DR due from July is due with the salary/Pension due for the month of October…We adequately feel that the experts! comments need to be in terms of existing Rule of law….
grant of DA in line with the increase of AICPI-IW is a very very very bad for nation. AICPI-IW IS ONLY a number. What is amount of increase in rupee terms for one point rise in INDEX. What is the relation ship of BASIC PAY connected with D A ? Which document in the Internet gives the D A formula ?