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.
Due to Covid-19 crisis, additional instalment of DA and DR due from 1 January 2020 will not be paid. However, they will continue to be paid at current rates.
On the first episode of Two Much With Kajol and Twinkle, Aamir Khan and Salman Khan were confronted with another hypocrisy: age gaps. And they didn't come out looking good.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
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