Government increases Dearness Allowance (DA) for central government employees
March 19th, 2010
Government increases Dearness Allowance (DA) for central government employees by 8 %
The Central Government has announced 8 per cent Dearness Allowance (DA) for central government employees. The new DA will be applicable from January 1, 2010.
The increase in DA has been announced to compensate for price rise.
The decision to increase the DA for the central government employee was taken at a Cabinet meeting, presided over by prime minister Manmohan Singh, in New Delhi on today.
The hike will cost the government an additional Rs6,970 crore ($1.5 billion) each year. The dearness allowance (DA) is linked to the percentage rise in the 12-month average of the consumer price index (CPI) and is revised twice a year
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Thanks for the info. It is a Breather
thanks to the present govt for neutralizing some menghai but we the citizen of india have also some role to play may be traders, may be consumers, may be importers or hoarders. there is every where lot of wastage of food/eatables etc forv which we are responsible not the govt.
Thanks for the info. It is a breather & and happyness for all central govt. employees.
wat basically is this dearness allowance??…..can anybody plz explain me….i will be really very thankful
DA increase w.e.f. 2008