A proposed hike of 8% in the dearness allowance of government employees is likely to come up before the Cabinet Committee on Economic Affairs on Tuesday but a decision could be deferred with finance minister P Chidambaram out on a tour to Japan.
The move to increase DA to 80% from 72% is likely to benefit around 50 lakh employees and 30 lakh pensioners of the central government. The government had raised DA to 72% in September last year, which had come into effect from July 1, 2012. According to the current proposal, the increase would be effective from January 1, 2013 and employees and pensioners would be entitled for arrears.
Source:-The Times of India
The move to increase DA to 80% from 72% is likely to benefit around 50 lakh employees and 30 lakh pensioners of the central government. The government had raised DA to 72% in September last year, which had come into effect from July 1, 2012. According to the current proposal, the increase would be effective from January 1, 2013 and employees and pensioners would be entitled for arrears.
Source:-The Times of India
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