Govt hikes DA to its staff by 6 per cent

"The Union Cabinet on Friday gave its approval to release of additional installment of dearness allowance to the central government employees and dearness relief to pensioners," Information and Broadcasting Minister PR Dasmunsi told reporters after the Cabinet meeting that was chaired by Prime Minister Manmohan Singh.

The rate of DA from January 1 would be 47 per cent, he said. The combined impact on the exchequer on account of both DA and dearness relief would be Rs 3,297.12 crore in a full year and Rs 3,846.66 crore for the 14-month period from January 2008-February 2009, he said.