Government plans to hike dearness allowance by 6%; to benefit over 1 crore employees, pensioners

• “The proposal to increase dearness allowance by six percentage points to 119 per cent is likely to be taken up by the Cabinet tomorrow,” a source said.
• The proposed hike is in accordance with the accepted formula based on the recommendations of the 6th Pay Commission, which will benefit 48 lakh government employees and 55 lakh pensioners.

Source: ET