Centre releases 6 percent DA
New Delhi, Mar 22: In a bid to provide relief from high inflation, the government of India Tuesday increased dearness allowance (DA) of its employees by six percent to 51 percent, benefiting over 50 lakh central government employees and 38 lakh pensioners.
“The decision to hike DA was taken by the Union Cabinet at its meeting here,” a Union minister said.
The increased DA, which will be effective from January 1, is provided to government staff and pensioners to compensate them for rising prices.
Presently, the DA is paid at 45 per cent of basic pay.
The increase in DA by 6 percent would be in accordance with the formula prescribed by the Sixth Pay Commission for central government employees.
The DA is revised twice a year, on January 1 and July 1.
Lastupdate on : Tue, 22 Mar 2011 21:30:00 Makkah time
Lastupdate on : Tue, 22 Mar 2011 18:30:00 GMT
Lastupdate on : Wed, 23 Mar 2011 00:00:00 IST
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