PTI | Sep 15, 2011, 04.40PM IST
NEW DELHI: Ahead of the festival season, the government on Thursday announced a seven per cent hike in the Dearness Allowance of its employees.
The decision to increase the Dearness Allowance (DA) for five million Central government employees and Dearness Relief (DR) for about four million pensioners was taken by the Union Cabinet.
The pay hike would be applicable from July 1. The DA for the government employees would increase from 51 per cent of the basic salary to 58 per cent.
The hike in DA and DR would cost the exchequer annually Rs 7,229 crore, while for the remaining period of the current fiscal the implication would be Rs 4,819 crore,Information and Broadcasting Minister Ambika Soni told reporters.
Centre hikes Dearness Allowance for employees by 7 pc
click here for Yearwise Dearness Relief for Veterans
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This is not an official Blog site. This forum is run by team of ex- Corps of Signals, Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, Director General of Signals or Government/ State.
The Report My Signal Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The Blog Team is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the blog in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
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