India

Dearness Allowance Of Central Govt Employees & Pensioners Increased

New Delhi: The Dearness Allowance (DA) for Central Government and pensioners employees has been increased from 17% to 28%. This will be applicable from July 1, 2021, said Union Minister Anurag Thakur on Wednesday.

This will give a financial boost to hundreds of thousands of central government employees and pensioners and enhance their spending ahead of the forthcoming festival season.

Last year, the government announced a freeze on the hike in DA and DR (Dearness Relief) till July 2021.

The decision was taken at the first in-person meeting of the Union Cabinet, held in over a year, at Prime Minister Narendra Modi’s official residence on Wednesday. The meeting comes ahead of the Monsoon session of Parliament, Business Standard reported.

OB Bureau

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