President Pranab Mukherjee on 04 November 2016 approved the 2% hike in Dearness Allowance to central government employees from July 1, a move that could benefit 50.68 lakh employees and 54.24 lakh pensioners. DA is provided to employees and pensioners to minimise the impact of price rise on their earnings. Earlier this year, DA was hiked 6% to 125% of the basic pay.
Q1. How many percentages hiked by President Pranab Mukherjee in Dearness Allowance to central government employees?
Source – The Hindu