SAC Approves 5% Hike In DA Of Govt Employees, Pensioners

2Shares

Representational Pic

SRINAGAR – The State Administrative Council (SAC) which met under the chairmanship of Governor, Satya Pal Malik accorded sanction to the release of an additional installment of Dearness Allowance (DA) to Government employees and pensioners w.e.f 01.07.2019 representing an increase of 5% over the existing rate of 12% of the basic pay/pension.

The decision will benefit around 4.5 Lakh Government employees and 1.6 Lakh pensioners.

The arrears accumulated on account of DA hike will be paid in cash in the month of November, 2019. The impact on the State exchequer on account of enhancement of DA would be Rs. 725 Crore for the Financial Year 2019-20.

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Observer News Service

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS