26 C
Imphal
Wednesday, February 1, 2023
No menu items!

Cabinet approves 3% hike in dearness allowance

"This will benefit about 47.68 lakh central government employees and 68.62 lakh pensioners," an official statement said.

Must Read

New Delhi: Providing cushion from price rise, the Union Cabinet on Wednesday raised dearness allowance (DA) for central government employees and dearness relief (DR) for pensioners by 3 per cent.

The combined impact on the exchequer on account of both DA and DR would be Rs 9,544.50 crore per annum.

- Advertisement -

“This will benefit about 47.68 lakh central government employees and 68.62 lakh pensioners,” an official statement said.

Higher DA means a raise in take-home salary for the government employees as it is calculated as a percentage of the basic salary. 

- Advertisement -
- Advertisement -

Latest News

Bangladesh raises electricity prices to ease subsidy burden

Dhaka: In an apparent bid to ease the subsidy burden, the Bangladeshi government has again raised the prices of...
- Advertisement -

More Articles Like This

- Advertisement -