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English Release 22-October 2014
Date Month Year
  • President's Secretariat
  • President’s Diwali greetings
  • Vice President's Secretariat
  • Vice President Greets People on Deepawali
  • Prime Minister's Office
  • PM's 2nd "Mann Ki Baat" programme on 2nd November
  • PM shares the link of his page for Diwali wishes
  • Min of Culture
  • Former Chief Election Commissioner, Shri N Gopalaswami appointed as Chairman of Kalakshetra Foundation Chennai
  • Min of Defence
  • Update on Su-30 Accident
  • Min of Human Resource Development
  • Ministry of Human Resource Development Launches All India Survey on Higher Education (AISHE) 2014-15
  • Min of Information & Broadcasting
  • Government to commemorate Sardar Patel’s birthday on October 31 as ‘Rashtriya Ekta Divas’.
  • Min of Micro,Small & Medium Enterprises
  • The Ministry of Micro, Small and Medium Enterprises gets ISO 9001: 2008 Certificate
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 83.73 per bbl on 21.10.2014
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • India won 3 Medals at 2nd Asian Para Games 2014 on 21st October, 2014

Previous Date

 
Cabinet04-October, 2012 20:32 IST
Risk Allowance, Hospital Patent Care Allowance and Patient Care Allowance doubled

The Cabinet today approved revision of rates of Risk Allowance. Hospital Patient Care Allowance and Patient Care Allowance payable to about two lakh entitled Central Government employees to double the existing rates with effect from 1s' September, 2008.

The proposed revision in the rates of the Risk Allowance, Hospital Patent Care Allowance and Patient Care Allowance will provide succor to the employees at risk due to the nature of their duties. It will also result in considerable financial savings as compared to the Risk Insurance Schemes/Packages.

The financial implication of doubling the extant rate of Risk Allowance, Hospital Patient Care Allowance and Patient Care Allowance would be Rs.42.16 crore per annum, as against Rs.503.26 crore plus service tax (approximately) {Rs.40.50 crore plus service tax per annum for insurance policy and Rs.462.76 crore plus service tax for purchase of annuity} for implementing the Risk Insurance package.

The amount of Risk Allowance, Hospital Patient Care Allowance and Patient Care Allowance would be automatically raised by 25 per cent every time the Dearness Allowance on the revised pay structure goes up by 50 per cent. The proposed revision in the rates of Risk Allowance, Hospital Patient Care Allowance and Patient Care Allowance will benefit certain categories of Central Government employees engaged in duties involving special risks.

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SH/SKS  
(Release ID :88146)

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