September 28, 2022

Cabinet approves 4% DA to Employees/Pensioners

Cabinet approves 4% DA to Employees/Pensioners.

The Cabinet, chaired by Prime Minister Narinder Modi, approves additional installment of DA and Dearness Relief at 4% to Central government employees and pensioners due from July 1, 2022.

Financial implications on account of increase in DA are estimated at Rs 6,591.36 crore per annum, and Rs 4,394.24 crore in FY-2022-23, that is, for a period of 8 months from July 2022 to February 2023.

Additional financial implications on account of increase in Dearness Relief to pensioners are estimated at Rs 6,261.20 cr per annum, and Rs 4,174.12 crore in FY-2022-23, that is, for a period of 8 months from July 2022 to February 2023.

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