"We appeal the Prime Minister to announce the pending installment of DA due from July this year in favour of the both Central and state government employees and pensioners at the next union cabinet meeting in view of increasing inflation and price hike of essential commodities," NMC President Subash Shastri said while addressing the workers rally at Gandhi Nagar area of the city here.
He said the rate of compensation was revised over six months, once in January and in July every year, based on average of the consumer price index for previous months.
This would be the 15th bi-annual increase since the recommendation of the 6th pay commission which was accepted by the Central government in August 14, 2008, he added.
Shastri said that prices of all essential commodities have going up considerably, and there was no justification on the part of the government for withholding this installment for their employees and pensioners as the funds had already been ear marked in the current year union budget.
Interim relief of 20 per cent of basic pay and pension be provided to Centre and state government employees and pensioners without any further delay, he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
