Cabinet clears 6% DA hike: The Union Cabinet on Wednesday cleared a proposal to increase dearness allowance (DA) to 119% from 113%, which will potentially benefit over one crore government employees and pensioners. The proposal to increase DA by six percentage points was taken at a meeting by the Union Cabinet. The proposed DA hike will take effect from July 1. As per the agreed formula, the DA rate increase is an average o....
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