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Online edition of India's National Newspaper Thursday, March 30, 2000 |
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Govt. hikes D.A.
By Our Special Correspondent
NEW DELHI, MARCH 29. The Union Cabinet today decided on a one per
cent increase in the dearness allowance and dearness relief for
Central Government employees and pensioners respectively with
retrospective effect from January 1. Now the rate is 37 per cent.
A spokesperson said the additional implications because of the
increase in D.A. were estimated at Rs. 296.32 crores and dearness
relief Rs. 102.5 crores per annum. For the financial year 2000-
2001, the impact on the exchequer would be more, at Rs. 345.71
crores on account of extra D.A. and Rs. 119.58 crores on account
of extra dearness allowance.
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