Dearness Allowance july 2019

       केबिनेट का बड़ा फैसला

Cabinet The Union Cabinet Chaired by Prime Minister Narendra Modi today approved to release an additional instalment  of  Dearness  Allowance  (DA)  to  Central  Government  employees  and  Dearness  Relief  (DR) to  pensioners  w.e.f.  01.07.2019  representing  an  increase  of  5%  over  the  existing  rate  of  12%  of  the Basic  pay/Pension,  to  compensate  for  price  rise.    

This  increase  is  in  accordance  with  the  accepted formula, which is based on the recommendations of the 7  Central Pay Commission. th The  combined  impact  on  the  exchequer  on  account  of  both  Dearness  Allowance  and  Dearness Relief  would  be  Rs.  15909.35  crore  per  annum  and  Rs.  10606.20  crore  in  the  financial  year  2019-20 (for  a  period  of  08  months  from  July,  2019  to  February,  2020).    This  will  benefit  about  49.93  lakh Central Government employees and 65.26 lakh pensioners. The  additional  financial  implication  on  account  of  this  increase  in  Dearness  Allowance  is  estimated at  Rs  8590.20  Crore  per  year;  and  Rs  5726.80  Crore  in  the  current  Financial  Year  of  2019-20  (for  8 months from July 2019 to February 2020). The  additional  financial  implication  on  account  of  the  Dearness  Relief  to  pensioners  is  estimated  to be Rs 7319.15 Crore per annum and Rs 4870 Crore in the current FY.

 Dear  Allowance/Dearness  Relief  is  paid  to  Central  Government  employees/pensioners  to  adjust  the cost  of  living  and  to  protect  their  basic  pay/pension  from  erosion  in  the  real  value.  Dear Allowance/Dearness Relief is revised twice a year from 1  January and 1st July.

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