Release of additional instalment of Dearness Allowance to CGE and Dearness Relief to Pensioners due from 1.1.2016: PIB News
Press Information Bureau
Government of India
Cabinet
23-March-2016 16:29 IST
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.01.2016. This represents an increase of 6 percent over the existing rate of 119 percent of the Basic Pay/Pension, to compensate for price rise.
This will benefit about 50 lakh Government employees and 58 lakh pensioners.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of Rs. 6796.50 crore per annum and Rs.7929.24 crore respectively, in the financial year 2016-17 (for a period of 14 months from January, 2016 to February, 2017).
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COMMENTS
Arrears will naturally will be adjusted.
How could govt pay this DA installment from 1.1.16 since the 7cpc is under implementation from that date with zero DA ? Should this amount be not adjusted out of the 7cpc arrears wef 1.1.16? Or would they implement 7cpc from a later date say,1.7.16,that is date of approval by govt ? It is all confusing and needs clarification.