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Govt likely to increase DA to 107%
short by Navin Sharma / on Sunday, 31 August, 2014
Government may approve a hike in dearness allowance (DA) to 107% from 100%, benefiting 30 lakh Centre's employees and 50 lakh pensioners. Finance Ministry will put a Cabinet proposal for approval of 7% DA hike from July-1, 2014, officials said. The UPA govt had increased DA to 100 % from 90% with effect from Jan-1, 2014, on Feb-28 this year.
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