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The Modi Cabinet on Thursday announced an increase in Dearness Allowance (DA) of Central government employees by four per cent to 50 per cent. The increased DA will be effective from January 1, 2024.
This will benefit about 49.18 lakh Central government employees and 67.95 lakh pensioners, according to an official statement issued after the meeting. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 12,868.72 crore per annum.
