The Dearness Allowance (DA) for Central Government and pensioners employees has been increased from 17% to 28%. This will be applicable from July 1, 2021, said Union Minister Anurag Thakur on Wednesday.
This will give a financial boost to about 5 million Central Government employees, and more than 6.5 million pensioners, to enhance their spending ahead of the forthcoming festival season.
The decision was taken at the first in-person meeting of the Union Cabinet, held in over a year, at Prime Minister Narendra Modi's official residence on Wednesday. The meeting comes ahead of the Monsoon session of Parliament.
At present,