The spokesman said the formal decision to provide the highest DA staff will cost the treasury an additional Rs 9.303200000000 rupees a year, after a meeting of the Council of Ministers of the Union, which decided to raise the allowance.
Will be paid da new central government employees and pensioners with effect from July 1, 2010, and estimated the financial burden on the current through Rs 6,202.1 crore.
“An increase in DA is in accordance with a formula based on the recommendations of the Sixth Pay Commission,” added the spokesperson.
Da list price, paid as a percentage of basic salary to compensate employees for rising living costs, is 35 per cent.
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