Good news for the 50 lakh employees and the 58 lakh pensioners of the central government. Today, on Thursday 27th October 2016 the centre government cleared the Dearness Allowance (DA). And this will be effective from 1st July 2016.
Dearness allowance and dearness relief is provided to employees and pensioners to lessen the impact of price rise on their earnings. Earlier this year, the government hiked dearness allowance by 6% to 125 % of the basic pay.
The DA was later merged into the basic pay following implementation of 7th Pay commission award.
"The 12-month average of Consumer Price Index for Industrial Workers from 1 July 2015 to 30 June 2016, works out to be 2.92%. Therefore the unions had pressed for 3% DA. We are not satisfied with this," president of confederation of central government employees K K N Kutty said.
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