Cabinet approves 8 per cent rise in dearness allowance - Hindustan Times
close_game
close_game

Cabinet approves 8 per cent rise in dearness allowance

IANS | By, New Delhi
Mar 19, 2010 03:32 PM IST

"The cabinet approved an eight per cent increase in the dearness allowance of government employees and dearness relief of pensioners with effect from Jan 1, 2010," Information and Broadcasting Minister Ambika Soni said.

The cabinet on Friday approved an eight per cent increase in the dearness allowance of government employees and pensioners.

HT Image
HT Image

"The cabinet approved an eight per cent increase in the dearness allowance of government employees and dearness relief of pensioners with effect from Jan 1, 2010," Information and Broadcasting Minister Ambika Soni said.

Hindustan Times - your fastest source for breaking news! Read now.

"This is over and above the existing rate of 27 per cent (of basic pay)," she said while briefing reporters after a cabinet meeting chaired by Prime Minister Manmohan Singh.

"The decision will cost the exchequer Rs 6,969.36 crore annually," Ambika Soni said.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On