Govt approves 4% hike in Dearness Allowance for govt employees at cost of Rs 12,869 crore per annum to exchequer
The Union cabinet has approved a 4% increase in Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners starting January 1, 2024. This will increase the total exchequer by 50%, benefiting approximately 49.18 lakh employees and 67.95 lakh pensioners.
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