CABINET MAY APPROVE 6 PERCENT DA HIKE IN NEXT WEEK
The Union Cabinet is likely to approve hiking dearness allowance (DA) to 113 per cent from existing 107 per cent benefiting 30 lakh central government employees and 50 lakh pensioners in its meeting scheduled in next week.
Finance Minister Arun Jaitley
“The Union Cabinet will take a proposal to hike Dearness allowance for its employees and dearness relief for its pensioners to 113 per cent in next week as per agenda listed for the meeting,” a source said.
The hike in DA would be effective from the January 1 this year.
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