As per the source, Union Cabinet is likely to approve the hike in dearness allowance (DA) to 119 per cent from existing 113 per cent benefiting about 50 lakh employees and 30 lakh pensioners of the central government.
This hike would be effective from July 1, 2015 and the employees and pensioners would be entitled for arrears.
The government had hiked DA to 113 per cent in April this year, which had come into effect from January 1, 2015.
The official announcement from the government expected during this week.
