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Business Economy


Cabinet approves 2 pc additional DA

Cabinet approves 2 pc additional DA

New Delhi, Mar 28 (UNI) The Central Government on Friday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief

(DR) to pensioners with effect from January 1, 2025 representing an increase of 2 per cenr over

the existing rate.

The existing rate of the DA is 53 per cent of the basic pay/pension, the Union Cabinet, chaired by Prime Minister Narendra Modi, said in a statement.

The Government said that the decision has been take with a view to compensate the employees against price rise.

The combined impact on the exchequer on account of increase in both Dearness Allowance and Dearness Relief would be Rs 6,614.04 crore per annum. This will benefit about 48.66 lakh Central Government employees and 66.55 lakhs pensioners.

This increase is in accordance with the accepted formula, which is based on the recommendations

of the 7th Central Pay Commission, an official statement said.

UNI SKB BM

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