DA from July 2018 – Central Government Employees to get 2% increase in DA from 1st July 2018 – Cabinet approves 9% DA from July 2018 based All India Consumer Price Index for the period form July 2017 to Jun 2018
Cabinet approves additional 2% Dearness Allowance for Central Government Employees and Central Government Pensioners. This is in line with estimation of DA from July 2018 based on 12 months All India Consumer Price Index from July 2017 and June 2018
Additional 2% DA for CG employees & DR to pensioners w.e.f. 1st July, 2018
Press Information Bureau
Government of India
Cabinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise.
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.6112.20 crore per annum and Rs.4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to February, 2019).
This will benefit about 48.41 lakh Central Government employees and 62.03 lakh pensioners.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.