Centre approves 3% DA hike for Central govt employees

The Union Cabinet has approved a 3 per cent dearness allowance and dearness relief hike for central government employees and pensioners.

The Union Cabinet approved a 3 per cent dearness allowance (DA) and dearness relief (DR) hike for central government employees and pensioners on Thursday.

The increase of 3 per cent is over the existing rate of 28 per cent of the basic pay/pension. The move will benefit about 47.14 lakh Central government employees and 68.62 lakh pensioners. It will cost the exchequer Rs 9,488.70 crore per annum.