Central govt of india
hikes dearness allowance to 80% from 72%
with effect 01.01.2013
The Union Cabinet today gave its approval to release an
additional instalment of Dearness Allowance (DA) to central government
employees and Dearness Relief (DR) to pensioners with effect from 01.01.2013 at
the rate of 8 percent over the existing rate of 72 percent.
Thus, the combined impact on the exchequer on
account of both DA and DR would be of the order of Rs.8629.20 crore per annum
and Rs. 10067.36 crore in the financial year 2013-14 (that is for a period of
14 months from January, 2013 to February, 2014)
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