The finance ministry on Thursday announced an 18-month freeze on additional installments of dearness allowance for central government employees and dearness relief for pensioners, a move that will help it immediately cut spending by over Rs 15,000 crore when the government is pressed for funds due to Covid-19.
The finance ministry on Thursday announced an 18-month freeze on additional installments of dearness allowance for central government employees and dearness relief for pensioners, a move that will help it immediately cut spending by over Rs 15,000 crore when the government is pressed for funds due to Covid-19.