Posted by
binu P
Tuesday, April 7, 2015
New Delhi: In a move that will benefit over 30 lakh central government employees and 20 lakh pensioners, the government has hike the dearness allowance by 6 percent from the existing 107 percent, sources said.
With the hike, the pensioners will gain as the benefit provided to them as dearness relief will be hiked to 113 percent of basic pay.
The hike in the DA will be effective from January 1, 2015, sources said.
In September 2014, the government had hiked the rate of DA by 7 percent from the then existing of 100 percent of the basic pay.
It was effective from July 1, 2014.
The previous UPA government had increased DA to 100 percent from 90 percent with effect from January 1, 2014, on the basis of agreed formula for revision of the allowance.
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