Must Read

Government releases additional instalment of DA/DR

By IndianMandarins- 31 Mar 2022
1257

government-releases-additional-instalment-of-da-dr

New Delhi (31.03.2022): The Union Cabinet gave its approval for the release of an additional installment of DA to the Central government employees and Dearness Relief (DR) to pensioners which will be implemented from January 1 to compensate for the price rise. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 9,544.50 crore per annum. This will benefit about 47.68 lakh Central government employees and 68.62 lakh pensioners. The increase comes in the backdrop of the inflation and rise in prices of essential commodities. The government had raised the Dearness Allowance last in October 2021, when it was increased from to 31 per cent, and before that in July 2021, the Centre raised the DA from 17 per cent to 28 per cent.

Tags :
Previous Article Uttar Pradesh: Major bureaucratic reshuffle in the cards
Next Article ONGC Offer for Sale stars; to generate Rs 3000 cr
free stat counter