Cabinet approves construction of Patna–Arrah–Sasaram corridor in Bihar
The project will be developed on hybrid annuity model (HAM) at a total capital cost of Rs 3,712.40 crore, a government statement said.
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2025 representing an increase of 2 per cent over the existing rate of 53 per cent of the Basic Pay/Pension, to compensate against price rise.
The combined impact on the exchequer on account of the increase in both Dearness Allowance and Dearness Relief would be Rs 6,614.04 crore per annum.
Advertisement
The increase will benefit about 48.66 lakh Central government employees and 66.55 lakh pensioners.
Advertisement
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
Advertisement
Related posts
Cabinet nod to revised National Programme for Dairy Development
The Union Cabinet on Wednesday approved the revised National Programme for Dairy Development (NPDD).
Cabinet nod to 2 ropeway projects in Uttarakhand; Kedarnath ropeway to cut travel time from 8-9 hrs to 36 mins
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the construction of two ropeway projects in Uttarakhand.
