Cabinet approves 3% increase in DA of Central Govt employees, pensioners due from July 1, 2021 | Daily Current Affairs Dose

Cabinet approves 3% increase in DA of Central Govt employees, pensioners due from July 1, 2021 | Daily Current Affairs Dose

Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is Cabinet approves 3% increase in DA of Central Govt employees, pensioners due from July 1, 2021.

Our Daily Current Affairs Dose 2021 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.

Cabinet approves 3% increase in DA of Central Govt employees, pensioners due from July 1, 2021 | Daily Current Affairs Dose

Cabinet approves 3% increase in DA of Central Govt employees, pensioners: The Union Cabinet, chaired by the Prime Minister Narendra Modi, today has approved to release an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2021 representing an increase of 3% over the existing rate of 28% of the Basic Pay / Pension, to compensate for price rise.

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This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum. This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners.

Important facts for upcoming exams from the above Current Affairs Topic

• President of India: Ram Nath Kovind 
• Vice President of India: Venkaiah Naidu 
• Prime Minister of India: Narendra Modi 
• Chief Justice of India: N. V. Ramana 
• Lok Sabha Speaker of India: Om Birla 
• Capital of India: New Delhi 
• Largest city of India: Mumbai 
• Official languages of India: Hindi / English 
• Currency of India: Indian rupee (₹) (INR) 
• Total Population of India 2018 estimate: Neutral increase 1,352,642,280