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Wednesday, September 19, 2012

Cabinet likely to approve DA hike (7%) on Friday (21st Sept, 2012)

The Union Cabinet is likely to approve the hike in the dearness allowance of the employees and pensioners, on Friday. Once approved, the dearness allowance for the employees and the dearness relief for pensioners will become effective from July 1, 2012. It may take few more days for the issue of the order by the  Finance Ministry.The hike, which is calculated based on CPI-IW is supposed to b....
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