01 Apr, 2015 5:18p.m.

Cabinet approval on DA hike likely this Thursday

The Union Cabinet is expected to make the formal approval for the 6% Dearness Allowance hike for the Central Government employees this Thursday (02/03/2015). As per the calculation DA, from January 2015 will be 113% i.e. a hike of 6%. How ever the finance ministry will have to issue the order before the DA with arrears can be disbursed. The order may again take two to three weeks.
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