Good News India || Dearness Allowance set to rise by 8 per cent for Central Govt Employees

Union Cabinet is likely to approve
today a proposal to increase
dearness allowance to 80 per cent
from existing 72 per cent. The
move will benefit about 50 lakh
employees and 30 lakh pensioners
of the central govt. The hike would
be effective with a retrospective
effect from January 1, 2013 and
the employees and pensioners
would be entitled for arrears.The
govt had hiked DA to 72 per cent in
September last year, which had
come into effect from July 1, 2012.

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