NDTV has reported citing sources as saying. The central employees and pensioners have been awaiting a dearness allowance hike since July and with this 4 percent hike, the dearness allowance will be increased from 42 percent to 46 percent.
As per the report, a formal announcement by the government will be released today. The dearness allowance for employees and pensioners is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
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