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Cabinet Approves 5% Hike In Dearness Allowance For Central Govt Employees

The move will benefit 50 lakh central government employees and 65 lakh pensioners.

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Cabinet Approves 5% Hike In Dearness Allowance For Central Govt Employees
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The Union Cabinet chaired by Prime Minister Narendra Modi approved a five per cent hike in Dearness Allowance (DA) for central government employees and DR (dearness relief) for pensioners with effect from July, 2019

The decision will cost the exchequer Rs 16,000 crore, Information and Broadcasting Minister Prakash Javadekar said while briefing media on the decisions taken by the Cabinet.

"This is the highest ever 5 percentage points increase in DA in one go by the central government," he said adding this will bring cheers to the government employees on the eve of Diwali.

The move will benefit 50 lakh central government employees and 65 lakh pensioners.