Ummid Assistant

Applications open for Manmohan scholarship at Cambridge

Opportunities for Indian students in US

Welcome Guest! You are here: Home » National

Government hikes dearness allowance by 8 percent

Thursday April 18, 2013 09:30:17 PM, IANS

New Delhi: The government Thursday hiked by eight percent the dearness allowance (DA) for central government employees, which will impose an additional charge of Rs.8,629 crore on the exchequer annually.

The Cabinet Committee on Economic Affairs (CCEA) in its meeting here decided to hike the inflation-linked incentive by eight percent effective Jan 1, 2013.

"Cabinet today (Thursday) gave its approval to release an additional instalment of dearness allowance (DA) to central government employees and dearness relief (DR) to pensioners with effect from Jan 1, 2013 at the rate of eight percent over the existing rate of 72 percent," an official statement said.

The decision is expected to benefit around 50 lakh central employees and 30 lakh pensioners. The increase in DA and DR will cost the exchequer Rs.8,629.20 crore per annum and Rs.10,067.36 crore from January 2013 to February 2014.

The government had increased the DA from 65 percent to 72 percent last September for the remaining part of the last financial year. The measure cost the exchequer Rs.4,939 crore.

The government hikes DA taking into account the consumer price index for industrial workers and on the recommendations of the central pay commission. The all-India Consumer Price Index for March 2013 remained in double-digit for the fourth consecutive month fuelled by a sharp increase in the prices of protein-based products like pulses, egg, fish and meat as well as vegetables and edible oil.

The consumer price-based inflation stood at 10.39 percent in March, as compared to 10.91 percent in the previous month.

This is the sixth consecutive month of increase in the retail inflation measured in terms of the CPI.

The retail inflation was 9.90 percent in November and entered double digits in December when it was recorded at 10.56 percent.








Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS


More Headlines

School kids visit Isa Khan's restored tomb in Delhi

Government not trying to regulate social media: Sibal

Court confirms $700k settlement suit against McDonald’s

Land acquisition bill gets all party nod

Activist threatens fast-unto-death demanding suspension of cop

Zaibunnisa Kazi, six others get a month to surrender

Owner of motorcycle used in Bangalore blast traced: Shinde

German bakery blast: Relatives approach Jamiatul Ulema for appeal in HC

Pune's German Bakery blast convict to hang

IIT coaching centre told to refund Rs.75,000 to student

Nitish Kumar's attack on Narendra Modi fails to impress Bihar Muslims


Top Stories

Owner of motorcycle used in Bangalore blast traced: Shinde

Tamil Nadu Police have managed to trace the owner of the motorcycle used in the Bangalore blast, Home Minister Sushilkumar Shinde said Thursday. He ruled out any impact   »

Bangalore explosion will reap votes for BJP, tweets Cong leader

Act of terror or not: Centre, State differ on Bangalore explosion

Explosion near BJP office in Bangalore, 16 hurt


  Most Read

Pakistan court orders arrest of Pervez Musharraf

The Islamabad High Court Thursday cancelled the bail application of former President Pervez Musharraf and ordered his arrest in the judges detention case, reports said. Musharraf's security  »

Pune Blast

German Bakery blast convict to hang

A Pune court Thursday sentenced German Bakery blast convict Himayat Baig to death for his role in the terror attack which left 17 people dead in February 2010. Three days ago, Pune sessions  »

Relatives approach Jamiatul Ulema for appeal in HC


  News Pick

Texas fertiliser plant blast: Two dead, scores injured

A massive explosion at a fertiliser plant in the small Texas town of West has left at least two people dead, levelled several homes and prompted  »

Thane shuts down to protest drive against illegal buildings

Over a dozen vehicles, including six government buses, were damaged Thursday during a shutdown here to protest the ongoing drive against illegal constructions in the city and surroundings, officials said. According to police   »

1993 Mumbai blast

Zaibunnisa Kazi, six others get a month's time to surrender

The Supreme Court Thursday granted four weeks time to surrender seven other convicts including 70-year-old Zaibunnisa Anwar Kazi. The Supreme  »

Sanjay Dutt gets four more weeks to surrender

Nitish Kumar's attack on Narendra Modi fails to impress Bihar Muslims

Many Muslims in Bihar are not impressed by Chief Minister Nitish Kumar's latest move to target Gujarat Chief Minister  »


Picture of the Day

A view of the newly Commissioned Indian Coast Guard Ship H-191, in Mumbai Harbour on April 09, 2013.


Recommend the story to your friends



RSS  |  Contact us


| Quick links



Subscribe to

Ummid Assistant



Science & Technology



About us




Government Schemes










Contact us


The Funny Side

Education & Career Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2012 Awaz Multimedia & Publications. All rights reserved.