2% Dearness Allowance Hike Cleared For Central Government Employees From January 1
NEW DELHI: Dearness Allowance for lakhs of central government representatives and retired people has been climbed by 2 for each penny. The expansion was affirmed by the Union Cabinet at its gathering led by Prime Minister Narendra Modi tonight.
It will profit 50 lakh government workers and 61 lakh beneficiaries of the focal government and will become effective from 1 January 2018.
Dearness stipend and dearness help are given to representatives and beneficiaries to kill the effect of swelling on their income.
The current dearness stipend – paid as extent of the fundamental pay of focal government representatives or benefits – is 5%.
As per the legislature, the expansion in dearness remittance is made as per the equation in view of the suggestions of the seventh Central Pay Commission.
(This Story Originating From NDTV)