Centre approves 4% hike in dearness allowance for 48 Lakh Central Govt employees, 65 lakh pensioners

Mangalore Today News Network

New Delhi, Mar 13, 2020: The Union Cabinet has approved 4% hike in Dearness Allowance (DA) to 21% for 48 lakh government employees and 65 lakh pensioners, Information and Broadcasting Minister Prakash Javadekar announced here on Friday. This will cost the exchequer an additional Rs 14,595 crore, Yahoo reported.

 

The Cabinet has approved this increase to central government employees and dearness relief to pensioners with effect from January 1, 2020. This is over the existing rate of 17% of the basic pay or pension.