NEW DELHI: The Cabinet on Monday approved a hike of 7% in dearness allowance (DA) for central government employees. This means, the DA will now be 72% from the current 65% of basic pay.
This will benefit about 50 lakh employees and 30 lakh pensioners across India. Last time the government increased the DA was in March 2011 which came into effect from January 1, 2012.
The current hike will be effective from 1st July 2012.
We are predicting that the arrears will be paid in October first and added to salary from next month.
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