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31-Dec-1969
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The Centre is likely to increase dearness allowance (DA) on Tuesday by 6 per cent to 51 per cent, benefiting over 50 lakh employees and 38 lakh pensioners.
The Centre is likely to increase dearness allowance (DA) on Tuesday by 6 per cent to 51 per cent, benefiting over 50 lakh employees and 38 lakh pensioners. The decision to hike DA is likely to be taken by the Union Cabinet at its meeting, sources said. The new DA, which will be effective from January 1, is provided to government staff and pensioners to compensate them for rising prices.
Source: www.financialexpress.com, March 21, 2011. “Govt may hike DA by 6% for employees”