Friday, 13 March 2020

Union cabinet approves 4 per cent DA raise with effect from 1.1.2020

Latest News for Central Govt Employees Today

Good news for central government employees - today’s Union cabinet approves 4 per cent DA raise with effect from 1.1.2020

DA-Hike-Central-Government-Employees-Jan-2020


Today, the central government increased the dearness allowance (DA) and the dearness relief by 4% to 21%, helping 30 lakh central government employees and 50 lakh retired citizens.

“Release of additional installment of DA is an increase of 4 per cent over the existing rate of 17 per cent of the basic pay/pension, to compensate for price rise,” according to an official statement.

Also check: Expected DA 2020

At its meeting today, the Union Cabinet led by Prime Minister Narendra Modi, approved the introduction of an additional installment of Dearness Allowance for Central Government employees and Dearness Relief for pensions with effect from 01.01.2020 reflecting an increase of 4 percent over the current rate of 17 percent of Basic Pay / Pension to account for the price rise.

According to this Central Government DA statement, with this 4 percent Dearness Allowance Hike, total DA has to be paid at a rate of 21 percent from 1 January 2020. Payment of additional DA for January and February 2020 months will be payable as arrears.

No comments:

Post a comment

Flash News

9 hours of work is a normal working day for central government employees

9 hours of work is a normal working day for central government employees Central Government Employees Latest News Number of Hours o...