Guwahati: The Cabinet, chaired by Prime Minister Narendra Modi has approved the release of an additional instalment of Dearness Allowance and Dearness Relief at 4% to Central Government employees and pensioners.
The DA was due from 01/07/2022 based on the percentage increase in the 12 monthly average of the All India Consumer Price Index for the period ending June 2022.
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The Central Government employees and pensioners will become entitled to a higher amount of Dearness Allowance and Dearness Relief.
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The additional financial implications on account of this increase of Dearness Allowance to Central Government employees have estimated at Rs.6,591.36 crore per annum; and Rs.4,394.24 crore in the financial year 2022-23 (for a period of 8 months from July 2022 to February 2023).
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The additional financial implications on account of this increase of Dearness Relief to pensioners are estimated at Rs.6,261.20 crore per annum; and Rs.4,174.12 crore in the financial year 2022-23 (i.e. for a period of 8 months from July 2022 to February 2023).
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The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of the order of Rs.12,852.56 crore per annum; and Rs.8,568.36 crore in the financial year 2022-23 (i.e. for a period of 8 months from July 2022 to February 2023).