Cabinet Approves 5% Hike in Dearness Allowance

87

The Prime Minister Narendra Modi-led Union Cabinet has approved a 5% hike in Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners with effect from July 2019 to compensate for price rise.

This increase is in accordance with the accepted formula which is based on the recommendations of the 7th Central Pay Commission (CPC).

This will benefit over 48 lakh central government employees and 62 lakh pensioners. This is a Diwali gift to employees, said Union Minister Prakash Javadekar. The nation will celebrate the festival of light on October 27.

The Cabinet has taken another important decision by okaying a payout of Rs. 5.5lakhs each for 5300 displaced families who had settled in regions other than Jammu and Kashmir but later came to the then state. The union minister called this move a historical wrong is corrected.

Javadekar also announced a relaxation till November 30, 2019 for the mandatory requirement of Aadhaar seeding for release of benefits under Pradhan Mantri Kisan Samman Nidhi after August 1, 2019.

The minister said that the date has been extended to help farmers ahead of winter sowing adding that over 7crore farmers have already benefited under the PM-Kisan scheme under which Rs. 6000 is being provided to each farmer in three equal installments.

You might also like
Comments
Loading...