Good News – Dearness Allowance (DA) Increased from 1 July 2024
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2024 representing an increase of three percent (3%) over the existing rate of 50% of the Basic Pay/Pension, to compensate against price rise. This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. The combined impact on the exchequer on account of both DA and DR would be Rs.9,448.35 crore per annum. This will benefit about 49.18 lakh central government employees and 64.89 lakh
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The central government might not sell its stake in the ongoing divestment process of the national passenger carrier Air India, if bids do not meet a minimum threshold value or floor price estimated for the airline. Civil Aviation Secretary Rajiv Nayan Choubey said that the government had hired asset and enterprise valuers, who have estimated a
Read MoreThe National Federation of Postal Employees (NFPE), which represents around 4 lakh staff, has called for nationwide strike on August 23 to press for implementation of benefits suggested by the Gramin Dak Sevaks committee report, the federation’s secretary general, R N Parashar, told PTI. The threat has come at a time when another postal staff
Read MoreGuaranteed Pension / Family Pension for NPS Employees – Staff Side JCM seeks relief to be given to the staff covered under NPS Shiva Gopal Mishra Secretary National Council (Staff Side) Joint Consultative Machinery No.NC/JCM/2018 Dated: May 17, 2018 The Cabinet Seretary, (Government of India), Cabinet Secretariat, Rashtrapati
Read MoreUse of Aadhar in Benefit Schemes of Government-Exception Handling – Mechanism for Identification of non-Aadhaar holder defence pensioners/family pensioners and cases where authentication fails – PCDA Circular No.201 PCDA Circular on use of Aadhar in Benefit Schemes of Government O/o the principal Controller of Defence Accounts
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