DA from January 2014 increased to 100% – Cabinet approved DA from January 2014
Cabinet approved the DA from January 2014 which is increased to 100% as per the flash news in TV media and news websites. As per this news, Dearness Allowance from January 2014 payable Central Government Employees and Pensioners has been increased from 90% to 100%
Here is an extract of news flash in Zee News
In a move that could benefit 50 lakh employees and 30 lakh pensioners, the Union Cabinet on Friday hiked dearness allowance to 100 percent from the existing 90 percent, a 10 percent increase.
The increase in DA comes ahead of the imposition of the model code of conduct by the Election Commission.
In September 2013, the government had hiked the DA by another 10 percent to 90 percent effective from July 1, 2013.
This is the second double digit hike in a row and would be effective from January 1 this year.
Source: Zee News