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Thursday, July 22, 2021

Revised Rate of Dearness Relief -w.e.f. 01.07.2021

 

Revised Rate of Dearness Relief to Central Government Pensioner/Family Pensioners w.e.f. 01.07.2021

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Tuesday, July 20, 2021

Wednesday, July 14, 2021

Restoration of Dearness Allowance (DA) and Dearness Relief (DR)

 In a major relief to central government employees and pensioners, the Union Cabinet headed by Prime Minister Narendra Modi on Wednesday approved a steep hike in Dearness Allowance (DA) and Dearness Relief (DR) to 28 per cent from 17 per cent, Union Minister Anurag Thakur announced.

The hike in DA and DR will be effective from July 1, the minister said adding that this move will impact 48.34 lakh central government employees and 65.26 lakh government pensioners.

“The DA rate which was 17 per cent earlier, has been risen by 11 per cent to 28 per cent,” the minister said.

Thursday, July 1, 2021

Consumer Price Index May 2021 and DA

 All-India Consumer Price Index for Industrial Workers (2016=100) for May, 2021 increased to 120.6 points (Old 347 points)  compared to 120.1 points (old 345 points)  for April 2021.

Inflation for May, 2021 went up to 5.24 per cent compared to 5.14 per cent of previous month. Similarly, Food inflation also increased to 5.26 per cent from 4.78 per cent in the previous month.

DA as on 1st June 2021 is 30.65 % 

Expected DA as on 1st July is 31%