For improvement of life in Indian Central Para Military Forces/Central Police Organisations like Assam Rifles,BSF,CRPF,CISF,COAST GUARD,ITBP,RPF, etc,and to provide information regarding various allowances
E-Pension Payment Order: New Step in the Right Direction Furthering the Digital India-initiatives of Govt. of India, Principal Con...
Friday, September 5, 2014
7% DA from July 2014 to CG Employees and Pensioners
Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners due from 01.07.2014
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the release of an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2014. This is an increase ofseven percent over the existing rate of 100 percent of the Basic Pay/Pension, to compensate for price rise.
The increase is in accordance with the accepted formula, which is 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 of the order of approximately Rs. 7691 crore per Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners due from 01.07.2014