AMN / NEW DELHI
The Union Cabinet has approved a four per cent hike in Dearness Allowance – DA for 48 lakh Central government employees and Dearness Relief to 65 lakh pensioners. It will be effective from 1st of January this year. With this, the DA has gone up from 17 per cent to 21 per cent. Briefing media after the Cabinet meeting, Union Minister Prakash Javadeker said the Govt will incur 14,595 crore additional expense due to DA hike.
Cabinet also approved a hike in minimum support price of copra for 2020 season.The MSP for Fair Average Quality ( FAQ) of milling Copra has been increased to 9,960 rupees per quintal from 9,521 rupees.