Insta
Dearness Allowance Hike For Central Government Employees Put On Hold As COVID-19 Battle Strains Finances
Swarajya Staff
Apr 22, 2020, 11:37 AM | Updated 11:37 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
The Government has decided to put on hold the increase in dearness allowance (DA) for the Central Government employees in a bid to contain the strain on its finances amid the COVID-19 induced crisis, reports Economic Times.
The development comes less than a month after the union cabinet had approved a hike in DA from 4 per cent to a much higher 21 per cent.
Apart from 49.26 lakh central government employees, the decision will also impact over 61.17 lakh pensioners.
The union cabinet will today (22 April) be taking up a proposal to put a hold on any further increase in DA for the ongoing year. This gains significance as the government revises DA twice every year to compensate for the rise in prices. The next such revision is due in July.
Previously, the government had also announced a paring down of the salaries of Ministers, Prime Minister (PM), President, and the members of Parliament by 30 per cent. In addition to these, the government had also suspended the PMLADS scheme for a span of two years.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.