New Delhi, May 22 (PTI) Delhi Power Minister Ashish Sood on Thursday announced that the government has sanctioned a two per cent hike in Dearness Relief (DR) for 18,737 retired employees of the Delhi Vidyut Board.

With this revision, the DR rate has been raised from 53 per cent to 55 per cent effective from January 1 this year, said an official statement.

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The minister said the decision will offer much-needed financial support to pensioners, enabling them to better manage their household expenses.

He added that under the leadership of Chief Minister Rekha Gupta, the Delhi government is committed to the welfare of its serving personnel as well as the retired employees.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)