Media reports Central D.A. hike soon
Narendra Modi government is likely to hike dearness allowance (DA) by 6 percent to 125 percent.
The likely increase in dearness allowance by six percent to 125 percent from existing 119 percent would benefit over 10 million central government employees and pensioners.
The new rate of DA will be implemented from January 1, 2016, which will be applicable for 4.8 million central government employees and 5.5 million pensioners. DA is paid as a proportion of basic pay of employees.
Source:Banknews
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