employees DA hike
About 47.68 lakh central government employees and 68.62 lakh retirees will gain from this.
Central government employees
global and domestic VCS led 92 big ticket size rounds across market leaders in e-commerce, online food delivery, fintech, edtech.
What drove investment in India?
A record year of exits also boosted investor confidence, especially as public listings gained traction.
The $100 mn plus deals
In addition, global and domestic VCS led 92 big ticket size rounds across market leaders in e-commerce
Dearness Allowance (DA)
The hike will also affect civilian employees who are paid by the Defense Services, according to hike news
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The cumulative impact of both DA and DR on the exchequer will be Rs 9,544.50 crore per year.