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Monday, September 1, 2014

Govt. moves for DA hike to 107%. Unions press for merger

Government is likely to approve a hike in dearness allowance (DA) by 7% to 107% this month. The pensioners will also gain as the benefit provided to them as dearness relief will be hiked to 107 per cent of basic pay. This will benefit around 30 lakh Centre's employees and its 50 lakh pensioners including dependents. The revised Consumer Price Index-Industrial Workers data for J....