Tuesday, September 25, 2012

Cabinet approves 7% hike in DA for central government employees

NEW DELHI: The Cabinet on Monday approved a hike of 7% indearness allowance (DA) for central government employees. This means, the DA will now be 72 per cent from the current 65 per cent of basic pay.

This will benefit about 50 lakh employees and 30 lakh pensioners across India. Last time the government increased the DA was in March 2011 which came into effect from January 1, 2012.

The current hike will be effective from July 1 this 

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