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Govt announces 5 percent hike in dearness allowance for workers and pensioners – Financial Situations
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Govt announces 5 percent hike in dearness allowance for workers and pensioners – Financial Situations


The hiked rate can be appropriate retrospectively from July this twelve months.

ET Online|

Updated: Oct 09, 2019, 02.49 PM IST

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Around 50 lakh central government workers and 69 lakh pensioners can be benefited from this announcement.

In a Diwali gift to central government workers and pensioners, Narendra Modi government this day launched the glorious ever 5 per cent hike indearness allowance(DA). The hiked rate can be appropriate retrospectively from July this twelve months.

“The government has elevated the DA from 12 percent to 17 percent. This is the glorious ever 5 share capabilities develop in DA in a single race by the central government,” Recordsdata and Broadcasting Minister Prakash Javadekar acknowledged whereas briefing media after a Union Cabinet meeting this day.

Around 50 lakh central government workers and 65 lakh pensioners can possess the advantage of this announcement. The hike will worth the federal government exchequer spherical Rs 16,000 crore.

In one other announcement, Javadekar also acknowledged that government has determined to double the remuneration of Asha workers from Rs 1,000 to Rs 2,000.

He also acknowledged Cabinet has determined to take a seat down support till November 30, the important requirement of Aadhaar seeding at free of fee up of advantages underneath Pradhan Mantri Kisan Samman Nidhi after August 1.

Also Read

Bihar Cabinet approves 3 per cent hike in dearness allowance

Bonanza for presidency workers, centre increases dearness allowance by 3%

Bonanza for presidency workers, centre increases dearness allowance by 3%

Central government workers space to procure yet one other dearness allowance hike

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