Centre gives 6% DA hike to employees and pensioners
New Delhi: The Union Cabinet on Wednesday gave a Holi gift to central government employees with a 6% hike in the dearness allowance.
With this move, the DA will go up to 125% from existing 119%, benefitting over 10 million employees and pensioners.
The new rate of DA is expected to be implemented from January 1, 2016, which will be applicable for 4.8 million central government employees and 5.5 million pensioners. DA is paid as a proportion of basic pay of employees.
The proposal to hike DA is moved by the Finance Ministry on the basis of accepted formula for calculation. The Union Cabinet approves the DA hike for its employees.
Earlier in September 2015, DA was increased to 119 per cent from 113 per cent which was effective from July 1, 2015.
In April 2015, the government had hiked DA by 6 percentage points to 113 per cent of their basic pay with effect from January 1, 2015.
Source : IBNLive
YS Bhandari says
govt has increased DA by 6% to central govt employees & pensioners, they have not yet declared implementation of the 7th pay commissions recommendations. It should also be declared forthwith.
YS Bhandari says
The Central Govt. is out of achchhe din, now people of the country are really awaiting for achchhe din after the end of this modi govt.
Shaila Avadhut pandit , w/o late Sgt A pandit says
Thanks, 4 new Government,
Please think and decide to Defence ppls, paramilitary, security forces , still they are unprofitable,
Iam family pensioners, satisfied but still think our new generation, who served in army,
To get their right,
Bilal mir says
Nice gift on holi by modi govt to govt employees n pensioners
Divedi Umashankar says
Since 7th CPC has recommended 2.57 as multiplication factor for pension fixation wet 01.01.16, once 7th CPC is implemented this DA will automatically vanish.