4% DA RELATED IMPORTANT NEWS ABOUT FROM TODAYS NEWS PAPER

Ahead of Diwali, this move is likely to bring some cheers to around 50 lakh employees working with the central government as well as 58 lakh more pensioners. (Image Source: PTI)
Officials have said that the Cabinet has approved a 2 percent dearness allowance in the salary of people working with the Central government. Ahead of Diwali, this move is likely to bring some cheers to around 50 lakh employees working with the central government as well as 58 lakh more pensioners. 

The provision of 2 percent dearness allowance was on the agenda of the Union Cabinet today on October 27, reports suggested earlier. Provision of dearness allowance and dearness relief is made to the employees and pensioners so as to neutralise the effect of price rise on their salary and saving. 

Earlier in 2016 itself, the government hiked dearness allowance by 6% to 125 % of the basic pay. However, after the implementation of 7th Pay Commission awards, the DA was merged into the basic pay of employees. The central government employee unions want that the DA should be increased by 3% and not 2% which is being considered by the Centre.

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