'Diwali gift': Government announces hike in Dearness Allowance for employees by 5%
New Delhi | Jagran News Desk: The government on Wednesday announced that it would raise the Dearness Allowance of government employees by five per cent to 17 per cent.
Addressing a press conference, Union Minister Prakash Javadekar announced it on Wednesday and called it a ‘Diwali gift’.
“Under the leadership of Prime Minister Modi, several decisions have been taken and good news for government employees is that Dearness Allowance has been hiked by 5 per cent,” said Javadekar.
The minister said that the decision has been approved by the cabinet this morning and the Dearness Allowance will be raised by five per cent to 17 per cent. He, however, said that the move will cost the government Rs 16,000 crore rupees.
The move will benefit around 50 lakh central government employees and 65 lakh pensioners, the minister added. He further said that the move will offer relief to the working class and that the government will continue to announce measures for addressing issues that many sectors are facing due to the slowdown in demand.
Dearness Allowance is a cost of living adjustment allowance paid to government employees, public sector employees (PSE) and pensioners in India. It is calculated as a percentage of an Indian citizen's basic salary to mitigate the impact of inflation on people.
The minister also said that the Cabinet has also decided to relax till November 30 the mandatory requirement of Aadhaar seeding for release of benefits under Pradhan Mantri Kisan Samman Nidhi after August 1.
He also spoke about the displaced families who came from PoK and said that they will be provided Rs 5.5 Lakh each.
“It has been decided that 5300 displaced families (from PoK), who had settled in regions others than J&K but later came to the state, will also be provided Rs 5.5 Lakh each. This will provide justice to these displaced families,” he said.
Posted By: Aalok Sensharma