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Tuesday, 4 February 2014

Centre is likely to announce this month a hike in dearness allowance by 10 per cent


NEW DELHI: Centre is likely to announce this month a hike in dearness allowance by 10 per cent to 100 per cent, benefiting about 50 lakh employees and 30 lakh pensioners.
It would be the second double digit DA hike in a row. The government had announced a hike of 10 per cent to 90 per cent in September last year, effective from July 1, 2013.