The Union Cabinet decided to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2010.
An official press release said this represented an increase of over 8 per cent over th existing rate of 27 per cent of the basic pay/pension to compensate for price rise.
The release said the increase was in accordance with the accepted formula, which is based on the recommendations of the Sixth Central Pay Commission.
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.6969.36 crore per annum and Rs.8131.20 crore in the financial year 2010-2011 (for a period of 14 months from January, 2010 to February, 2011), the release added.
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