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Cabinet okays 4% DA hike for staff; outgo pegged at ₹12,900 crore

By Economic Times - 9 months ago
The union cabinet approved an additional instalment of 4% DA and DR for central government employees and pensioners effective from January 1. This would benefit over 10 million employees and 6.79 million pensioners, with a combined impact on the exchequer of Rs 12,869 crore per annum.

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