Cabinet Announces 2% DA for Central Government Employees ::

New Delhi: In what could bring cheers to 50 lakh central employees and 58 lakh pensioners ahead of Diwali, the Centre on Thursday announced a 2 per cent dearness allowance to be effective from July 1, 2016.   The proposal to provide 2 per cent dearness allowance and dearness relief to central government employees and pensioners respectively, was decided after a Union Cabinet meeting, an official said.  Dearness allowance and dearness relief is provided to employees and pensioners to neutralise the impact of price rise on their earnings.