Good news for central govt staff: Modi Cabinet clears 1% additional DA

Hiving off BSNL to set up a company for holding the govt telco's tower assets also gets nod

In a good news for central government employees, the Union Cabinet on Tuesday approved an additional one per cent dearness allowance (DA) for central government employees, and the introduction of the Payment of Gratuity Bill in Parliament to revise the gratuity cap for private sector employees.
 
The Union Cabinet, which on Tuesday met for the first time since the Narendra Modi-led central government effected its third reshuffle on September 3, also cleared setting up of a separate company to own the mobile tower assets of BSNL. This company would be hived off from BSNL.
 
Among other key approvals,