Govt hikes DA by 4 percentage points for central govt employees, pensioners

New Delhi: The Union Cabinet Wednesday increased the dearness allowance and dearness relief by 4 percentage points to 46 per cent to benefit 48.67 lakh central government employees and 67.95 lakh pensioners.

The release of the additional installment of dearness allowance and dearness relief will be applicable from July 01, 2023, Information & Broadcasting Minister Anurag Thakur told reporters after the meeting of the Union Cabinet.

Also Read

Reliance completes merger of media assets with Disney’s India biz, forms Rs 70,000 crore JV

13 hours ago

Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth: Goyal

13 hours ago

This increase is in accordance with the accepted formula, based on the recommendations of the 7th Central Pay Commission.

PTI