Union cabinet approves 3% DA hike for Central govt. employees
Feb 19, 2019, 21:01 IST
| New Delhi, Feb 19 (IANS) Union cabinet on Tuesday approved a three per cent hike in dearness allowance (DA) for central government employees and pensioners which will cost the exchequer Rs 9,168.12 crore.
According to Finance Minister Arun Jaitley, the current addition will take the DA from 9 to 12 per cent and that the move will benefit 48.41 lakh central employees and 62.03 lakh pensioners.
DA, paid to government employees and pensioners, is a cost of living adjustment allowance to mitigate the impact of inflation on people.