Key Points
New Delhi: The Union Cabinet on Thursday approved a hike in Dearness Allowance for central government employees and Dearness Relief to pensioners by four per cent from January 1, 2024...
Briefing the media about the cabinet decisions, Union Commerce and Industry Minister Piyush Goyal said 49.18 lakh employees and 67.95 lakh pensioners will benefit from the government decision...
The additional instalment of Dearness Allowance (DA) and Dearness Relief (DR) to pensioners represents an increase of 4 per cent over the existing rate of 46 per cent of the basic pay/pension to compensate against price rise.. An official release said that the increase is in accordance with the accepted formula, which is based on the recommendations of the Seventh Central Pay Commission..
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