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The Hindu

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PTI

Centre likely to hike dearness allowance by 3%

The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by three percentage points to 45% from the existing 42% as per the agreed formula for the purpose.

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.

The Labour Bureau is a wing of the Labour Ministry.

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