DA for central govt employees, pensioners hiked by 4%

The Union Cabinet on Friday increased the dearness allowance and dearness relief by 4 per cent to 42 per cent to benefit 47.58 lakh central government employees and 69.76 lakh pensioners. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief will be Rs 12,815.60 crore per annum, I and B Minister Anurag Thakur told reporters after the meeting of Cabinet Committee on Economic Affairs (CCEA).