#cabinet approves 3% da hike to govt employees and pensioners

cabinet approves 3% da hike to govt employees and pensioners
Cabinet approves hiking dearness allowance of Govt staff to 12%; higher dearness allowance to staff to cost Rs 9,168 cr per year
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DA from January 2019 – Increase in Dearness Allowance for Central Government Employees with effect from January 2019 is estimated at 3% on the basis of actual Consumer Price Index for 12 months for the period from January 2018 to December 2018
After All India Consumer Price Index witnessed higher ever increase in July 2018 to the extent of 10 points, increase in Dearness Allowance for Central Government Employees and Pensioners from January 2019 was estimated to be not less than 3%.
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