State President Basanta Kumar Panda & Legislative Party leader Kanak Vardhan Singhdeo thanked Hon'ble PM Narendra Modi Ji for Cabinet approval to release of additional 1% Dearness Allowance to Central

State President Basanta Kumar Panda & Legislative Party leader Kanak
Vardhan Singhdeo thanked Hon'ble PM Narendra Modi Ji for Cabinet
approval to release of additional 1% Dearness Allowance to Central
Government employees and Dearness Relief to pensioners w.e.f. 01.07.2017

in this festival season.

They also asked State govt to implement the same ahead of this festive

season to benefit state govt employees & pensioners.

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for
release of additional 1% Dearness Allowance (DA) to Central Government employees and Dearness
Relief (DR) to pensioners. It will be applicable from 01.07.2017.
The release of the additional instalment of DA represents an increase of 1% over the existing rate of
4% of the Basic Pay/Pension, to compensate for price rise. This increase is in accordance with the
accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
The combined impact on the exchequer on account of both DA and DR would be Rs.3068.26 crore
per annum and Rs.2045.50 crore in the financial year 2017-18 (for a period of 8 months from July,
2017 to February, 2018). This will benefit about 49.26 lakh Central Government employees and
61.17 lakh pensioners.

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