DA hike: Govt approves 2% dearness allowance raise for central govt employees

The Cabinet has approved a 2 per cent increase in Dearness Allowance (DA) for Central government employees, as per sources.The Cabinet also approved Soverign Maritime Fund with corpus of Rs 13,000 crore, for stable and affordable insurance cover for Indian-flagged, India bound and India-originating vessels(This is a breaking copy)