Good information for Central govt staff, pensioners, to get full advantages of DA beginning July 1

Image Source : FILE PHOTO Three installments of DA for central authorities staff and DR for pensioners, due on January 1, 2020, July 1, 2020 and January 1, 2021, had been frozen in view of the COVID-19 pandemic.
Central authorities staff and pensioners will get full advantages of dearness allowance beginning July 1, with all of the three pending installments being restored prospectively, Minister for State for Finance, Anurag Thakur stated in Parliament on Tuesday.

Three installments of DA for central authorities staff and DR for pensioners, due on January 1, 2020, July 1, 2020 and January 1, 2021, had been frozen in view of the COVID-19 pandemic.

The resolution now to revive it from July, 2021 would profit about 50 lakh central authorities staff and greater than 65 lakh pensioners.

In a written reply to the Rajya Sabha, Thakur stated: “As and when the decision to release the future installments of Dearness Allowance due from 01.07.2021 is taken, the rates of DA as effective from 01.01.2020, 01.07.2020 and 01.01. 2021 will be restored prospectively and will be subsumed in the cumulative revised rates effective from 01.07.2021.”

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With the suspension of DA revision for one and half years, the federal government saved a complete of Rs 37,530.08 crore that helped it to enhance sources required to tide over the financial affect of the Covid-19 pandemic via numerous stimulus measures.

At current, central authorities staff get DA of 17 per cent. This degree of DA grew to become efficient from July 2019 with additional revision due from January 2020. But this together with subsequent two different revisions had been suspended resulting from Covid.

Last 12 months, the Union Cabinet had accepted a 4 per cent enhance in DA for presidency staff and pensioners to 21 per cent. This was to be efficient from January 1, 2020. However, in wake of the pandemic the disbursement of DA at elevated charges was suspended together with DR for the pensioners.

With the choice now to revive DA advantages from July 1, central authorities staff and pensioners might hope to get a fats enhance within the allowance that can even cowl for the potential will increase in three earlier due cycles.

However, any enhance in DA from July 1 will solely be efficient from that day, that means the workers wouldn’t get any arrears on non-revision of DA for earlier interval.

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