18 Months DA Arrears for Central Government Employees
Central government employees and pensioners are reportedly owed 18 months worth of dearness allowance (DA) arrears. The latest update suggests that the minimum amount owed is 11,000 for pensioners and 24,000 for current employees.
Stay updated on the Latest Status of DA Arrears for 18 Months to Central Govt Employees as of January 2022. During the COVID-19 pandemic, the central government suspended Dearness Allowance (DA) arrears from January 2021 to June 2021, affecting central government employees, pensioners, and family pensioners. Unfortunately, the central government opted not to provide these suspended DA arrears. Stay informed to stay ahead of any future developments regarding DA and DR arrears for central government employees.
18 Months DA for CG Employees
Looking for the latest update on the 18 Months DA for CG Employees News in 2023? Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary, has just made an announcement that you won’t want to miss. Due to the economic effects of COVID-19, the Government had to freeze three instalments of Dearness Allowance (DA)/Dearness Relief (DR), which has put the release of the arrears of DA/DR on hold. While it may not be feasible to release these arrears during the challenging period of FY 2020-21, the Government has saved a significant amount of 34,402.32 crores by freezing the Dearness Allowance and Dearness Relief’s three instalments to help Central Government employees and pensioners cope with the pandemic’s financial impact. Keep up-to-date with the latest 18 Months DA for CG Employees News update in 2023 by following Shri Pankaj Chaudhary’s announcement.
Latest News on 18 months DA arrears 2023
Shri Pankaj Chaudhary addressed the latest update on 18 Months DA for CG Employees News in Parliament today. The arrears owed from January 1st, 2020 to June 30th, 2021, have been frozen due to the economic disruption caused by COVID-19. This decision has eased pressure on Government finances. The pandemic had a fiscal spill over beyond FY 2020-21 and arrears of DA/DR are not considered feasible. However, the Government has saved Rs.34402.32 crores by freezing three installments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners. Stay updated with the latest news on 18 Months DA for CG Employees in 2023.
DA arrears for Pensioners News 2023
The latest news for pensioners regarding DA arrears is highly anticipated. The Cabinet Committee is set to approve a 4% hike in Dearness Allowance for Central Government employees from January 2023, in accordance with the 7th Pay Commission DA formula. This move is expected to result in a salary and pension increase, benefiting pensioners and their families. Moreover, Jan and Feb 2023 arrears will be provided alongside the upcoming salary or pension earnings, adding to the positive impact for pensioners. Stay updated with the latest news on Pensioners DA arrears.
18 DA Arrears Table PDF
The “18 DA Arrears Table” is a comprehensive guide to the rates of DA and DR from 2016 to 2022. It is a valuable resource for anyone interested in understanding the changes in these rates over time. For the period of July to December 2022, the rate is 38%, while from January to June 2022, it is 34%. In the same vein, the rate for July to December 2021 was 31%, while no DA and DR were allotted from January to June 2021. Similarly, there was no allocation for January to December 2020. However, for July to December 2020, the rate was 17%, and from January to June 2020, it was 17%. In 2019, the rates stood at 17% from July to December and 12% from January to June. In 2018, the rates were 9% from July to December and 7% from January to June. In 2017, the rates were 5% from July to December and 4% from January to June. Finally, in 2016, the rates were 2% from July to December and 0% from January to June. Use this invaluable “18 DA Arrears Table” to study and track the fluctuating rates of DA and DR over the years.
For government employees, staying updated on the latest rates is crucial, and the 18 DA Arrears Table is an essential resource for this purpose. Whether you need to know the DA and DR rates from January to June 2022 or from July to December 2022, this table has got you covered. The current rate for the latter period is 38%, which includes a 4% increment, while the rate for the former period is 34%, including a 4% increment.
Looking back, in 2021, there was no DA and DR applicable for January to June, while the rate for July to December was 31% with a 3% increment. In January to June 2021, the rate was 17%, with a 4% increment, while in July to December 2020, the rates were 17% with a 3% increment. Similarly, the rate was 17% with a 4% increment for January to June 2020. Going even further back, the DA Rates Table 2019 indicates that the rate was 17% with a 5% increment for July to December 2019 and 12% with a 3% increment for January to June 2019.
It’s evident that the 18 DA Arrears Table is an invaluable resource for keeping track of DA and DR rates. As a government employee, staying up-to-date with this essential document is critical. Stay ahead of the curve with the latest rates by referring to this table regularly.