In what could bring cheers to 50 lakh central employees and 58 lakh
pensioners ahead of Diwali, the Centre on Thursday Oct 27,2016 announced a 2 % dearness allowance to be effective from July 1, 2016.
The proposal to provide 2 per cent dearness allowance and dearness relief to central government employees and pensioners respectively, was decided after a Union Cabinet meeting, an official said.
Dearness allowance and dearness relief is provided to employees and pensioners to neutralise the impact of price rise on their earnings.
Earlier this year the government hiked Dearness Allowance by 6 % to 125 % of the basic pay.
The DA was later merged into the basic pay following implementation of 7th Pay Commission award
The proposal to provide 2 per cent dearness allowance and dearness relief to central government employees and pensioners respectively, was decided after a Union Cabinet meeting, an official said.
Dearness allowance and dearness relief is provided to employees and pensioners to neutralise the impact of price rise on their earnings.
Earlier this year the government hiked Dearness Allowance by 6 % to 125 % of the basic pay.
The DA was later merged into the basic pay following implementation of 7th Pay Commission award
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