×
E-PAPER ▾

E-paper

TOP STORIES

Centre hikes DA to 5 pc for 1.1 cr employees, pensioners

| | New Delhi
Centre hikes DA to 5 pc for 1.1 cr employees, pensioners

The Centre today increased dearness allowance and dearness relief by 1 per cent to 5 per cent, benefiting 50 lakh employees and 61 lakh pensioners.

This decision was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi here.

"Release of additional installment of DA is an increase of 1 per cent over the existing rate of 4 per cent of the basic pay/pension, to compensate for price rise," according to an official statement.

The new rate will be applicable from July 1.

The combined impact on the exchequer on account of both DA and DR would be Rs 3,068.26 crore per annum and Rs 2,045.50 crore in the financial year 2017-18 (for a period of 8 months from July 2017 to February 2018).

This move will benefit about 49.26 lakh central government employees and 61.17 lakh pensioners, it said.

 
 
 
 
 

TOP STORIES

Sunday Edition

View All

‚ÄėAssault‚Äô on police driver: Action against Kerala ADGP

17 Jun 2018 | VR Jayaraj | Kochi

In a swift move intended at stemming the protests brewing in the State police force against certain top officials’ ‘feudalistic’ practice of persecuting policemen and camp followers by using them as house servants, the Kerala Government on Saturday removed ADGP Sudesh Kumar, whose daughter was the other day booked for assaulting and verbally abusing his official police driver, from the position of head of the Armed Police Battalion. The action against...

Read More

STATE EDITIONS

View All

Woman’s body found in autorickshaw, case filed

20 Jun 2018 | Staff Reporter | Bhopal

A 35-year-old woman’s body was recovered from an autorickshaw at Rethghat under Talaiya police station area late in the night on Monday. Sensation prevailed in Retghat area on Monday night after body of a woman was recovered the auto rickshaw and after spotting the woman police were informed...

Read More

Page generated in 0.2556 seconds.