7th Pay Commission: Cabinet approves 3% DA hike for government employees-April 2024-www.financetom.com

7th Pay Commission: Cabinet approves 3% DA hike for government employees

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7th Pay Commission: Cabinet approves 3% DA hike for government employees

Feb 19, 2019 12:06 PM

Union cabinet on Tuesday, under the 7th Pay Commission, approved a 3 percent hike in dearness allowance (DA) for central government employees and pensioners which will cost the exchequer Rs 9,168.12 crore.

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According to finance minister Arun Jaitley, the current addition will take the DA from 9 to 12 percent and that the move will benefit 48.41 lakh central employees and 62.03 lakh pensioners.

Previously, the cabinet had raised the DA from 7 to 9 percent last August 2018 which was implemented with retrospective effect from July 2018.

DA, paid to government employees and pensioners, is a cost of living adjustment allowance to mitigate the impact of inflation on people.

First Published:Feb 19, 2019 9:06 PM IST

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