The discharge of the extra installment of dearness allowance to staff and dearness reduction to pensioners will probably be efficient from January 01, 2023.
Official announcement
This may quantity to 4 per cent with impact from January 1, 2023.
Union minister Anurag Thakur on Friday introduced the hike on dearness allowance or DA for central authorities staff by 4 per cent to 42 per cent with impact from January 1, 2023.
Not simply this, but additionally the subsidy below the Pradhan Mantri Ujjwala Yojana for one more yr.
Impression on the exchequer
The mixed impression on the exchequer on account of each Dearness Allowance and Dearness Reduction will probably be ₹12,815.60 crore every year, the knowledge and broadcasting minister advised reporters after the assembly of the Cupboard Committee on Financial Affairs (CCEA).
This improve is in accordance with the accepted components, which is predicated on the suggestions of the seventh Central Pay Fee.
The federal government has also prolonged the subsidy below the Pradhan Mantri Ujjwala Yojana for one more yr.
Subsidy on LPG
In a serious reduction to Pradhan Mantri Ujjwala Yojana beneficiaries and to protect them from excessive LPG costs, the federal government accepted a subsidy of ₹200 per 14.2 kg cylinder for as much as 12 refills per yr.
The Cupboard has additionally given its approval for Minimal Assist Value or MSP for uncooked jute for the 2023-24 season.
Mounted MSP on jute
The MSP of uncooked jute has been fastened at ₹5,050 per quintal.
This may guarantee a return of 63.20 per cent over the all-India weighted common price of manufacturing, the Centre mentioned.
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