Cabinet approves 2% DA hike for central govt employees

The Union Cabinet, led by PM Narendra Modi, approved a 2% increase in Dearness Allowance and Dearness Relief for Central Government employees and pensioners, effective January 1, 2025. The rate rise from 53% to 55% aims to combat inflation, impacting over 115 lakh individuals, with costs estimated at Rs 6,614.04 crore annually.