Thursday, April 18, 2013

Cabinet approved central D.A. @8% from January 2013

Finally it is time to rejoice for central staff and pensioners. The cabinet gives nod to the much awaited hike.
 The Union Cabinet on Thursday approved a proposal to increase dearness allowance (DA) by 8 percent to 80 percent from existing 72 percent.

The move will benefit about 50 lakh employees and 30 lakh pensioners of the central government. 

The hike would be effective from January 1, 2013 and the employees and pensioners would be entitled for arrears.

View the PIB Press Release

Decision on hiking DA was deferred on April 2 as the Finance Minister was not present.

The government had hiked DA to 72 percent in September last year, which had come into effect from July 1, 2012.
Source : Zee News (With PTI inputs)

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