Cabinet
may approve 6% DA on Thursday
The Union Cabinet approval
for the 6% rise in the Dearness Allowance for the Central Government employees
is expected to be announced on coming Thursday.
It is a well-known fact
that every six months, the Central Government increases the Dearness allowance
for its employees during the months of January and July. The increased amount
is calculated on the price index (CPI IW BY 2001=100) of essential commodities.
Rise in the Dearness allowance is being calculated on the basis of the changes
in the prices of the essential commodities during the periods between January
and June and the period between July and December.
