New Delhi, September 9
Dearness allowance was today hiked
to 119 per cent, up 6 percentage points, a move which will benefit over 1 crore
government employees and pensioners.
“The proposal to increase dearness
allowance by six percentage points (from 113 per cent) to 119 per cent was
approved by Union Cabinet today,” a source said.
The DA hike will take effect from
July 1. As per the agreed formula, the DA rate increase is an average of
12-month consumer price index-industrial workers from July 1, 2014, to June 30,
2015.
In April, the government had hiked
DA by 6 per cent to 113 per cent of their basic pay with effect from January.
DA is paid as proportion of the basic pay.
The DA
hike is in accordance with the accepted formula based on the recommendations of
the 6th Pay Commission, which will benefit 48 lakh government
employees and 55 lakh pensioners. — PTI
