Govt to increase dearness allowance to 107%, up from 100%
Sunday, August 31st, 2014
New Delhi: Government is likely to approve a hike in dearness allowance (DA) to 107% from the existing 100%, benefiting around 30 lakh Centre’s employees and its 50 lakh pensioners including dependents. “The average rate of retail inflation for industrial workers from July 1, 2013 to June 30, 2014 works out to be 7.25%. Thus […]
