Cabinet clears 5% hike in dearness allowance

TIL Desk/Business/New Delhi/ In a Diwali gift to central government employees and pensioners, Narendra Modi government has increased the dearness allowance for employees by 5 percent. The hiked rate will be applicable retrospectively from July this year.

“The government has increased the DA from 12 percent to 17 percent,” Union minister Prakash Javadekar said after a Cabinet meeting today.

Around 50 lakh central government employees and 65 lakh pensioners will be benefited from this announcement. The hike will cost the government exchequer around Rs 16,000 crore.

Javadekar also said that government has decided to double the remuneration of Asha workers from Rs 1,000 t Rs 2,000.

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