Cabinet approves 4% DA hike for central govt employees, pensioners ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 16
Ahead of Diwali festival, the Cabinet on Wednesday approved 4 per cent additional instalment of Dearness Allowance and Dearness Relief to central government employees and pensioners with effect from July 1, 2022. There are about 50 lakh central government employees and over 61 lakh pensioners. The central government employees and pensioners will become entitled to higher amount of Dearness Allowance (DA) and Dearness Relief (DR) respectively, with effect from July 1, 2022, said I&B Minister Anurag Thakur at a press briefing here. The additional financial implications on account of the increase of DA to employees are estimated at Rs 6,591.36 crore per annum, and Rs 4,394.24 crore in the finan

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