Dearness allowance raised by 7%

The government today raised dearness allowance to central government employees by seven% in view of persisting high inflation, said Information and Broadcasting Minister Ambika Soni.

The government on Thursday raised dearness allowance to central government employees by seven% in view of persisting high inflation, said information and broadcasting minister Ambika Soni.

HT Image

The decision will be effective from July 1 2011.

"The total financial implication will be Rs.4,819.22 crore this year and from the next year it will be Rs.7,228.76," Soni told reporters in New Delhi.