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English Release 23-August 2014
Date Month Year
  • President's Secretariat
  • President of India Condoles The Passing Away of U R Ananthamurthy
  • President calls upon IITs to play a pivotal role in developing newer cutting edge technologies
  • Prime Minister's Office
  • Gujarat CM calls on PM
  • PM condoles loss of life in floods in the states of Uttarakhand, Uttar Pradesh, Bihar and Assam
  • PM meets youth of Gujjar-Bakkarwal communities from Jammu and Kashmir
  • Prime Minister receives Tamil National Alliance delegation
  • Min of Agriculture
  • Union Agriculture Minister lays Foundation Stone for Saffron Park Project at Pampore, Pulwama
  • Min of Defence
  • First Indigenously Built Stealth Anti-Submarine Warfare Ship- INS Kamorta- Commissioned
  • Min of Health and Family Welfare
  • All systems in AIIMS under review: Dr Harsh Vardhan
  • Min of Human Resource Development
  • India-South Australia Collaboration in Education and Vocational Training Sector
  • Min of Social Justice & Empowerment
  • States should emphasise on Empowerment and Inclusion of the Disabled, says Minister of Social Justice & Empowerment
  • Ministry of Water Resources
  • Brahmaputra in High Flood Situation
  • Ghagra Continues to Flow in High Flood Situation

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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