India, April 18 -- The Union Cabinet on Saturday approved a 2 per cent increase in Dearness Allowance (DA) for central government employees. The decision, finalised during a Cabinet meeting, raises the allowance from 58 per cent to 60 per cent.
The adjustment addresses the long-standing wait by the workforce for a revision to their compensation structure. The 2 per cent hike also applies to Dearness Relief (DR) for pensioners, which similarly increases from 58 per cent to 60 per cent.
According to a cabinet release, the hike will be applicable from January 1 of this year, meaning central government employees and pensioners will be in for some arrear pay. The government has earmarked an additional Rs. 6,791 crore in annual hits due to th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.