Saturday, October 13, 2012

D.A. hike for Odisha employees

The state government on Friday announced increase in dearness allowance (DA) for its employees and pensioners by seven per cent with effect from July 1, 2012, an official release said on Friday.
Chief minister  took the decision, days after the central government raised DA for its employees. Consequently, the DA for serving and retired state government employees, including those working in aided educational institutions, has become 72 per cent of their basic pay, making it at par with that of their central government counterparts.
Finance Dept. sources said the government would shell out an additional Rs 400 crore annually to meet the extra expenditure. Currently, the state government salary and pension bills stand at around Rs 6800 crore and Rs 2500 crore respectively, sources added.
Source : Times of India
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