Archives for October 2006

HISTORY OF DEARNESS ALLOWANCE The Dearness Allowance was introduced following the second World War, and was then known as the "Dear Food Allowance". The "Old Textile Allowance" was also introduced in 1947, though this was revised and reintroduced in 1953 as the "Revised Textile Allowance". Initially DA was given in response to demand of employees for wage revision, however … [Read more...] about History of Dearness Allowance