Govt announces 5 percent hike in dearness allowance for employees and pensioners
In a Diwali gift to central government employees and pensioners, Narendra Modi government has increased the dearness allowance for employees by 5 percent. The hiked rate will be applicable retrospectively from July this year.
"The government has increased the DA from 12 percent to 17 percent," Union minister Prakash Javadekar said after a Cabinet meeting today.
Around 50 lakh central government employees and 65 lakh pensioners will be benefited from this announcement. The hike ..
Ahead of Diwali festivities, the Union Cabinet on Wednesday announced 5 per cent dearness allowance (DA) for the central government employees and pensioners.
The move is likely to benefit nearly 1.12 crore government employees and pensioners.
A decision to this effect was taken during a meeting of the Union Cabinet, which was chaired by the Prime Minister.
The Union government Wednesday hiked the Dearness Allowance (DA) for central government employees by five per cent from the existing 12 per cent. The announcement, made by Union Minister Prakash Javadekar following a Cabinet meeting, is expected to benefit 50 lakh central government employees and 65 lakh pensioners.