Business Daily from THE HINDU group of publications
Saturday, Mar 08, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Saturday, Mar 08, 2008 ePaper | Mobile/PDA Version |
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Government
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Human Resources Additional DA for Central staff New Delhi, March 7 The Union Cabinet on Friday gave its nod for the release of additional instalment of dearness allowance to Central Government employees and dearness relief to pensioners from January 1 this year. The rate of dearness allowance from January 1, 2008 will be 47 per cent, which is 6 per cent over the existing rate of 41 per cent. Briefing newspersons on the Cabinet decision, the Information and Broadcasting Minister, Mr Priyaranjan Dasmunshi, said that the combined impact on t he exchequer on account of both dearness allowance and dearness relief would be about Rs 3,297.12 crore in a full year. The Minister also said that the impact would be Rs 3,846.66 crore for a period of 14 months from January 2008 to February 2009. — Our Bureau More Stories on : Human Resources
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