President Pranab Mukerjee has given his approval to payment of a 2 % dearness allowance (DA) to central government employees.
The move will benefit about 50.68 lakh employees and 54.24 lakh pensioners.
The decision to provide 2 % D.A on basic pay was earlier approved by the Union Cabinet and will be applicable from July01,2016
The DA will result in an annual burden of Rs 5,622.10 crore.
"Consequent upon the decision taken by the government on recommendations of the 7th Central Pay Commission relating to DA, the President is pleased to decide that the DA to all categories of the central government employees shall be admissible at the rate of 2 percent of basic pay per month, w.E.F 1.7.2016," the Finance Ministry said.
The revised pay structure, effective January 1, 2016, includes the DA of 125% sanctioned from that date in the pre-revised pay structure.
Thus, DA in the revised pay structure is zero from January 1, 2016.
The move will benefit about 50.68 lakh employees and 54.24 lakh pensioners.
The decision to provide 2 % D.A on basic pay was earlier approved by the Union Cabinet and will be applicable from July01,2016
The DA will result in an annual burden of Rs 5,622.10 crore.
"Consequent upon the decision taken by the government on recommendations of the 7th Central Pay Commission relating to DA, the President is pleased to decide that the DA to all categories of the central government employees shall be admissible at the rate of 2 percent of basic pay per month, w.E.F 1.7.2016," the Finance Ministry said.
The revised pay structure, effective January 1, 2016, includes the DA of 125% sanctioned from that date in the pre-revised pay structure.
Thus, DA in the revised pay structure is zero from January 1, 2016.
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