Cabinet approves 2% Dearness Allowance hike for govt staff
The Union Cabinet on Wednesday approved a 2% hike in Dearness Allowance and Dearness Relief, which was due from January 2017. Dearness Allowance and Dearness Relief are provided to central government employees and pensioners to neutralise the impact of inflation on their earnings. This will have an impact of around â¹6,833 crore on the exchequer in the financial year 2017-18.