Union Minister Piyush Goyal said 49.18 lakh employees and 67.95 lakh pensioners will benefit from the decision. It would cost Rs 12,868.72 crore per annum to the exchequer.
This will benefit workers employed in construction, maintenance of roads, runways, building operations, sweeping, cleaning, loading, unloading, watch and ward, mines & agriculture.
The Union Cabinet on 14 July had decided to restore Dearness Allowance and Dearness Relief for central government employees and pensioners while increasing the rate of allowance to 28%.
In view of the pandemic, Modi govt had earlier frozen the three additional instalments of the DA & DR which were due from 1 January, 2020, 1 July, 2020 and 1 January, 2021.
The lowest paid central government employee still earns more than 85% of Indians. Money saved from dearness allowance will go a long way in Covid crisis.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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