Addl 5% DA for Central govt staff
New Delhi, Sept 10: The dearness allowance of central government employees and pensioners has been hiked by five percent retrospectively from July 1 this year, it was announced Thursday.
The cabinet has decided to release an additional installment of dearness allowance to central government employees and dearness relief to pensioners with effect from July 1, Information and Broadcasting minister, Ambika Soni said.
This represents an increase of five percent over the existing rate of 22 per cent of the basic pay or pension to compensate for the price rise, she told reporters after a cabinet meeting presided over by Prime Minister Manmohan Singh.
The impact on the exchequer would be Rs.4,355.35 crore in a full year and Rs.2,903.55 crore in the financial year 2009-2010, she added.
The increase is in accordance with the accepted formula, which is based on the recommendations of the Sixth Central Pay Commission, Soni said. AGENCIES
Lastupdate on : Thu, 10 Sep 2009 21:30:00 Makkah time
Lastupdate on : Thu, 10 Sep 2009 18:30:00 GMT
Lastupdate on : Fri, 11 Sep 2009 00:00:00 IST
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The huge inflow of traffic causes congestion as Srinagar south has mere one road link with the City centre while there’s also a shortage of cops. As a result, those who try to reach home early often get late.
GK CITY CORRESPONDENT
Srinagar, Sept 10: Believe it or not! No less than 80,000 vehicles ply on the Jehangir Chowk-Ram Bagh stretch of the Airport Road –the only link to the south City –in an hour close to Iftaar when most More
Co-accused former-MoS acquitted
GK NEWS NETWORK
Jammu, Sept 10: The special judge, anti-corruption, Jammu, B L Bhat, Thursday acquitted the former minister of state for Health and Family Welfare, Govind Ram Sharma, but convicted the then director, Health More
Srinagar, Sept 10: The vice-chancellor of Kashmir University, Prof Riyaz Punjabi today underscored the need for establishing a sophisticated creative and fine arts Institute for exploiting the talent of More
- GK Business
Additional Rs 5 cr for roads, Rs 3 crore for Aang bridge, Rs 60 lakh for Batengoo-Harnag bye-pass
GK NEWS NETWORK
Srinagar, Sept 10: The District Development Board, Islamabad, which met at the SKICC here today with the chief minister, Omar Abdullah, in chair, approved the annual plan of Rs 72.45 crore for the district More