Dearness Allowance Hiked From 28% To 31%, Says Finance Ministry
In the latest development, the Finance Ministry announced that Central Government employees' Dearness Allowance has been hiked from 28% to 31% of the basic pay with effect from July 1, 2021. Reportedly, the civilian employees paid by Defence Services will also get the benefit. The hike will cover 47.14 lakh central government employees and 68.62 lakh pensioners in India. Earlier, the rate was hiked to 28% from 17%.