As expected,Union Cabinet chaired by the Prime Minister Shri Narendra Modi, approved 7% Dearness Allowance hike recently to the all Central Government Employees and Pensioner. After this approval, DA will be 107% of the Basic pay.
Last time Government increased DA hike by 10% which was implemented from 1st january,2014 from existing 90% to 100% . But, newly formed Govt of Shri Narendra Modi announces DA hike of only 7% effected from july 1st,2014. The descition is implemented as per the guideline of sixth Central Pay commission (6th CPC). Increase in DA will benefitiate its 50 lakh employees and 30 lakh pensioners.
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