In what could be sweet news for about 10 lakh state government employees and 5.5 lakh pensioners, the government has agreed for 6 per cent hike in dearness allowance for them with effect from July.
"This would result in an additional financial burden of nearly Rs 1,100 crore to the government," said sources in the finance department. The government would pay the increased DA along with the November month's salary.
Arrears for July, August, September and October months would be credited to the employees' general provident fund account.
"Though the burden is huge for the state exchequer, we cannot postpone it any further as the Centre has already announced a hike in the DA and is implementing the same," said a senior official. In June, the state government had increased the DA from 35.9 per cent to 41.94 per cent. The finance department has sent a file regarding the same to the chief secretary who will get a formal approval from the cabinet.
Source : Times of India
"This would result in an additional financial burden of nearly Rs 1,100 crore to the government," said sources in the finance department. The government would pay the increased DA along with the November month's salary.
Arrears for July, August, September and October months would be credited to the employees' general provident fund account.
"Though the burden is huge for the state exchequer, we cannot postpone it any further as the Centre has already announced a hike in the DA and is implementing the same," said a senior official. In June, the state government had increased the DA from 35.9 per cent to 41.94 per cent. The finance department has sent a file regarding the same to the chief secretary who will get a formal approval from the cabinet.
Source : Times of India
No comments :
Post a Comment