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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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