Home News Reports Cabinet approves 2 percent DA hike to 9 percent, more than one crore people to be benefited

Cabinet approves 2 percent DA hike to 9 percent, more than one crore people to be benefited

The union government cabinet on Wednesday approved an additional 2 per cent increase in dearness allowance (DA) and dearness relief (DR) for central government employees. The approved hike will come into effect from 1st July, 2018.

The official government press released states, ‘The union government cabinet, chaired by Prime Minister Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f 01.07.2018 representing an increase of 2%.” The increment will be added to the existing 7% of the Basic pay/Pension, making it 9% of the basic pay. The government has stated the cause for this increment to be the price rise. It is worth mentioning that the increase is in accordance with the formula prescribed by the 7th Central Pay Commission.

It is estimated that around 48.41 lakh central government employees and 62.03 lakh pensioners would be benefitted by this hike. The impact on the exchequer is estimated to around Rs. 6,112.02 crores for Dearness Allowance and Rs. 4,074.80 crore in the financial year 2018-19.

- Ad - - article resumes -

In March this year, the central cabinet approved an increase of the same percentage in DA and DR. With the new increase the DA and DR percentage has reached 9% for all central government employees from 5% in March this year. This government has also shown initiative to increase pension for the organized sector employees and under different central government schemes.

Help Opindia Reach Every Indian. Share This Post
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Big Story

The National Commission for Women (NCW) has taken cognisance of the complaint of sexual harassment that was made by one Himanshi Gupta against a senior producer of Kapil Sibal backed Tiranga TV.

2019 World Cup Is Here!

Catch the latest on Cricket World Cup as it unfolds, special coverage by Opindia

Proud to be a brand - Made in India?
Now, Advertise on Opindia

Mangalore: Mohammad Ansari rapes a cow by tying its limbs, villagers catch him in the act, arrested

The villagers also made Ansari touch cow’s feet and ask for forgiveness for raping her. However, when Ansari approached the calf, the animal freaked out and started running.

Abusive actor Ajaz Khan arrested by Mumbai Police for instigating violence through social media

Mumbai Police arrests small-time actor Ajaz Khan after he mocked the police on TikTok

Mangaluru villagers caught Mohammad Ansari raping a calf, police arrests villagers for ‘hurting religious beliefs’

In the Kunjathbail village in Mangaluru, Mohammad Ansari was caught red-handed by the villagers while he was raping a calf.

Revisiting Sainbari, a blot on Indian Democracy: When Communists made a mother eat rice with her dead sons’ blood

The Sainbari incident remains the most horrific instance of political violence in the country.

Here are 15 famous quotes from Harsha Bhogle during his commentary stint

The famous Indian commentator, Harsha Bhogle, born on July 19 in Hyderabad is celebrating his 58th birthday today.

Live updates Karnataka Trust Vote: House adjourned, floor test now expected on Monday

JDS-Congress government of Karnataka is facing their second floor test after assembly elections were held in May last year.
Tamil media on dead tiger

Tiger dies after eating a Sambar Deer, Tamil Media reports how it died after consuming ‘Sambhar Rice’

On Sunday evening, a tiger was found dead soon after it had eaten a sambar deer. The carcass was found in the Parsons Valley reservoir in the Nilgiris district.
Couple forced out of village; husband pressurised to accept wife’s religion

Hindu boy’s family forced out of village for marrying Muslim girl, police advices boy to convert as villagers threaten to kill

Newlywed Hindu boy and Muslim girl approach SSP for protection as villagers threaten to kill them and local police ask the boy to convert
Salma Ansari's temple plan receives AMU's objection

AMU administration’s jolt to Mrs Ansari’s secularism pitch, says no to temple plan inside ‘Chacha Nehru Madarsa’

Salma Ansari, the wife of former vice president Hamid Ansari, had announced recently that she will have a temple built inside the 'Chacha Nehru Madarsa' that she runs in AMU campus.
Shashi Tharoor supports Sanjiv Bhatt

Congress leader Shashi Tharoor extends support to disgraced cop Sanjiv Bhatt sentenced to life in custodial death case

Shashi Tharoor had tweeted today that he had met with the family of disgraced cop Sanjiv Bhatt
Subscribe to Day's Top Stories
- Advertisment -

Latest articles

Connect with us

173,676FansLike
159,219FollowersFollow
74,858SubscribersSubscribe
Help Opindia Reach Every Indian. Share This Post