Dearness allowance raised by 7 percent

By IANS,

New Delhi : The government Thursday raised dearness allowance to central government employees by seven percent in view of persisting high inflation, said Information and Broadcasting Minister Ambika Soni.


Support TwoCircles

The decision will be effective from July 1 2011.

“The total financial implication will be Rs.4,819.22 crore this year and from the next year it will be Rs.7,228.76,” Soni told reporters here.

SUPPORT TWOCIRCLES HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE