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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