The Union Cabinet is likely to consider today a proposal to hike the dearness allowance (DA) by 8 per cent to 80 per cent of the basic pay for all central government employees, sources said.
But, with Finance Minister P Chidambaram in Washington, there is a possibility the decision on the matter may be deferred.
The decision has been pending before the Cabinet for about a month now, as Mr Chidambaram has been travelling and not been able to attend Cabinet meetings in the past few weeks.
The move, if approved, will benefit about 50 lakh serving employees and 30 lakh pensioners.
The government had raised the DA by 7 per cent in September last year to 72 per cent of the basic pay, effective July 1, 2012.
The government periodically hikes the DA which is linked to the consumer price index (CPI) for industrial workers.
source : profit.ndtv.com
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