The Union Cabinet chaired by the Prime Minister, Narendra Modi has approved a hike in Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners by 3 per cent to 34%, over the existing rate of 31% of the Basic Pay/Pension. The hike announced will be effective from January 1, 2022, to compensate for the price rise.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs. 9,544.50 crore per annum. This increase is in accordance with the accepted formula, based on the recommendations of the 7th Central Pay Commission. The hike will benefit about 47.68 lakh Central Government employees and 68.62 lakh, pensioners.
British actor, musician and activist Idris Elba has received the Knighthood which is one of…
Ajay Rajan has appointed as the new Managing Director and Chief Executive Officer (MD &…
On 3rd of June senior Congress leader the Chief Minister designate DK Shivakumar took oath…
The Ministry of External Affairs Spokesperson Randhir Jaiswal has announced that the Venezuela's Acting President…
According to the recent data released by S&P Global Market Intelligence multiple Indian banks ranks…
The Department of Higher Education under the Ministry of Education has launched the applications for…