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Cabinet approval to release aditional installment of DA /DR from 1.1.2014 in cash from the salary of March, 2014: Official News

Press Information Bureau  Government of India Cabinet  28-February-2014 16:22 IST Release of additional installment of dearness allowan

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Press Information Bureau 
Government of India
Cabinet 
28-February-2014 16:22 IST

Release of additional installment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.1.2014 

100+percent+dearness+allowance
100% DA/DR from Jan, 2014

The Union Cabinet today approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10 percent increase over the existing rate of 90 percent. 

Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 100 percent of the basic with effect from 01.01.2014. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission. 
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs. 11074.80 crore per annum and Rs. 12920.60 crore in the financial year 2014-15 ( i.e. for a period of 14 months from January 2014 to February 2015). 

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