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Pensioners rejoice! Cabinet has cleared additional 2% Dearness allowance

Pensioners rejoice! Cabinet has cleared additional 2% Dearness allowance

Thursday, March 16, 2017, 11:02 AM

Prime Minister Narendra Modi has approved the release of an additional installment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners. It has increased by 2% over the existing rate of 2% of the Basic Pay/Pension, to compensate for price rise. This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Pay Commission.
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