The Union Cabinet gave its approval on Thursday for the release of a 7 per cent additional instalment of Dearness Allowance (DA) to Central Government employees. It also approved Dearness Relief (DR) for pensioners. Both DA and DR will become effective from July 1, 2014.
This is an increase of 7 per cent over the existing rate of 100 percent of the Basic Pay/Pension to compensate for price rise, said an official release issued on Thursday.
The increase is in accordance with an accepted formula based on the recommendations of the 6th Central Pay Commission.
Tags
DA