Cabinet approves release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 01.07.2022
Posted
On: 28 SEP 2022 4:05PM by PIB Delhi
The Cabinet, chaired by Prime Minister, Shri
Narendra Modi, has approved the release of additional instalment of Dearness
Allowance and Dearness Relief @ 4% to Central Government employees and
pensioners due from 01.07.2022 based on the percentage increase in 12 monthly
average of All India Consumer Price Index for the period ending June, 2022.
The Central Government employees and pensioners will
become entitled to higher amount of Dearness Allowance and Dearness Relief
respectively, w.e.f. 01.07.2022.
The additional financial implications on account of
this increase of Dearness Allowance to Central Government employees are
estimated at Rs.6,591.36 crore per annum; and Rs.4,394.24 crore in the
financial year 2022-23 (i.e. for a period of 8 months from July, 2022 to
February, 2023).
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).
The combined impart 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).
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DS
(Release ID: 1862946)
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