Govt announces 2% DA hike for employees, raises IPPB project outlay
The 2% DA hike, which will benefit about 4.84 million central government employees and 6.2 million pensioners, is in accordance with the 7th Pay Commission
New Delhi: The union government today cleared release of an additional 2% of dearness allowance (DA) to its employees and dearness relief (DR) to pensioners from 1 July. The latest DA hike is meant to make up for the increase in cost of living is over the existing rate of 7% of the basic pay or pension. The latest news will benefit about 4.84 million central government employees and 6.2 million pensioners, said an official statement.