New Delhi: The Narendra Modi government today made a big announcement of salary hike for Central government employees.
The Dearness Allowance (DA) of the central government employees have been increased by 5 per cent. This means the government has increased the DA from 12 per cent to 17 per cent. The announcement will benefit 50 lakh central government employees. The decision in this regard was approved in a cabinet meeting today.
"Under leadership of Prime Minister Modi, several decision have been taken and good news for govt employees is that Dearness Allowance has been hiked by 5 per cent," said Union Minister Prakash Javadekar.
The decision will cost the exchequer Rs 16,000 crore. This is the highest ever 5 percentage points increase in DA in one go by the central government," said Javdekar adding that the decision will bring cheers to the government employees on the eve of Diwali.