Announcement on DA hike from July 2015 is expected today
It is expected that announcement on DA hike from July 2015 will be made today by central government. Sources said that approval to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2015 at the rate of six percent increase over the existing rate of 113 percent will be given today.
The announcement of enhancing Dearness Allowance will be made after the Cabinet Meeting today. Since nationwide one day Strike observed today by All the Central Tarde Unions except BMS which is a trade union Wing of BJP, this will be the unexpected development from Government to please the bapus.
The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.
This will benefit 48 lakh government employees and 55 lakh pensioners.