DA for Central Government Employees News Latest Update
As of January 2022, the Latest Status of DA Arrears for 18 Months to Central Govt Employees reveals that the central government has opted not to provide its employees with the suspended Dearness Allowance (DA) arrears, which spanned from January 2021 to June 2021 during the COVID-19 pandemic. Central government employees, pensioners, and family pensioners were also affected by the suspension of DA and DR arrears for 18 months due to the pandemic. Stay informed on the Latest Status of DA Arrears for 18 Months to Central Govt Employees.
CG 18 Months DA Arrears
Are you seeking the most recent update on the 18 months’ worth of DA arrears for Central Government employees and pensioners that were temporarily halted due to Covid-19? Look no further than Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary’s latest announcement. In response to the pandemic’s economic disruption, the Government decided to freeze three instalments of Dearness Allowance (DA)/Dearness Relief (DR). Although releasing the arrears of DA/DR, especially during the difficult period of FY 2020-21, remains unfeasible, the Government saved and utilized a significant amount of 34,402.32 crores by freezing Dearness Allowance and Dearness Relief’s three installments to mitigate the pandemic’s financial impact on Central Government employees and pensioners. Stay up-to-date on the 18 Months DA for CG Employees News latest update 2023 by following Shri Pankaj Chaudhary’s announcement.
18 months DA arrears Latest News
Shri Pankaj Chaudhary recently announced the latest update on 18 Months DA for CG Employees News, which will be effective in 2023. This update was made due to the challenging economic effects of the COVID-19 pandemic. To ease the financial pressure caused by the pandemic-induced economic disruption, the arrears for the period from January 1st, 2020 to June 30th, 2021 were frozen.
Unfortunately, the adverse financial impact of the pandemic and the financing of welfare measures make the arrears for the challenging fiscal year of 2020-21 currently not feasible. However, the government has managed to save and use Rs. 34402.32 crores to overcome the pandemic’s economic impact by freezing three installments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners. Stay up-to-date with the latest DA news for CG employees in 2023 to know more about the latest updates.
DA arrears for Pensioners News
The latest news on Pensioners DA arrears reveals an upcoming salary and pension hike expected to take effect in January 2023. The Cabinet Committee is set to approve an increase in the Dearness Allowance for Central Government employees, resulting in a 4% hike in accordance with the 7th Pay Commission DA formula. This hike is expected to bring a positive impact not only on employees but also on pensioners and family pensioners. They can anticipate receiving arrears for Jan and Feb 2023 alongside their upcoming salary or pension earnings. Stay in the loop with the most recent updates on Pensioners DA arrears by following our site.
18 Months DA Arrears Table PDF
The “18 DA Arrears Table” is a valuable resource for tracking rates of DA and DR from 2016 to 2022. For July to December 2022, the rate is 38%, while from January to June 2022, it is 34%. In July to December 2021, the rate was 31%, but no DA and DR were allotted from January to June 2021. Similarly, there was no allocation in January to December 2020. For July to December 2020, the rate was 17%, and from January to June 2020, it remained at 17%. In 2019, the rate was 17% from July to December and 12% from January to June. In 2018, it was 9% from July to December and 7% from January to June. In 2017, it was 5% from July to December and 4% from January to June. Finally, in 2016, it was 2% from July to December and 0% from January to June. This “18 DA Arrears Table” is an essential tool for understanding the fluctuating rates of DA and DR over the years, and can be used to plan and manage finances accordingly.
Government employees rely on the 18 DA Arrears Table to stay updated on the latest rates. Whether you need to know the DA and DR rates from January to June 2022 or from July to December 2022, this table has you covered. Currently, the rate for the latter period is 38% (34%+4%), while the rate for the former period is 34% (31%+4%).
Looking back, in 2021, there was no DA and DR applicable for January to June, while the rate for July to December was 31% (28%+3%). In January to June 2021, the rate was 17% (24%+4%=28%). In the previous year, the rates were 17% (21%+3%=24%) for July to December 2020 and 17% (17%+4%=21%) for January to June 2020.
If you need to go even further back, the DA Rates Table 2019 indicates that the rate was 17% (12%+5%) for July to December 2019 and 12% (9%+3%=12%) for January to June 2019. It’s clear that the 18 DA Arrears Table is an invaluable resource for keeping track of DA and DR rates. Stay up-to-date with this essential document for government employees.
What is the latest news on 18 months of DA arrears for Central Government employees?
The latest news is that the government is currently discussing the modalities for the payment of the arrears and is likely to release further details soon.
Are pensioners eligible for 18 months of DA arrears?
Yes, pensioners are eligible for 18 months of DA arrears, provided they have been employed in Central Government services in the past 18 months.
What is Central Government Employees: 18 Months DA Arrears Today?
Central Government Employees: 18 Months DA Arrears Today is an online resource for the latest news and updates on the 18 months of dearness allowance arrears for Central Government Employees.