Modi Govt increases Dearness Allowance for Central employees

ArticleModi Govt increases Dearness Allowance for Central employees

Date:

The Union Cabinet approved a 4% increase in Dearness Allowance (DA) for government employees. This information has been given by sources. Earlier on October 9 last year, the government decided to increase the dearness allowance of central employees by 5 percent.

After the meeting, Information and Broadcasting Minister Prakash Javadekar had told reporters that in the cabinet meeting chaired by Prime Minister Narendra Modi, it was decided to increase the dearness allowance of central employees by 5 percent. This will benefit 50 lakh central employees and in addition 65 lakh pensioners. In this way it was increased to 5 percent from 5 percent increase.

He told that this is the biggest increase that has been given on the occasion of Diwali. It will come into effect from July 2019. This will greatly benefit the working class and will cost 16 thousand crores.

Share post:

Subscribe

Popular

More like this
Related

PM Modi Announces New Law to Tackle Paper Leaks, Cabinet to Discuss Bill Today

Prime Minister Narendra Modi has announced that the Union...

Alleged Maharashtra TET Paper Leak Mastermind Arrested in Bihar After Days on the Run

The alleged mastermind of the Maharashtra Teacher Eligibility Test...

Risk vs Return in Investing: Why Higher Returns Usually Mean Higher Risk

Every investment involves a balance between risk and potential...