Big Update For Govt Employees, 4% DA increase Expected

 
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Big Update For Govt Employees, 4% DA increase Expected

7th Pay Commission Big Update: The state government has announced a 4% increase in dearness allowance for employees. Which will happen after Madhya Pradesh Assembly elections on Friday. More than 7 lakh employees are expected to benefit from this. Which is a big improvement. More than 45% voting has taken place even before the assembly elections. Which clearly shows the curiosity of the public.

Employees will benefit greatly

Now more than 7 lakh employees will get big benefits from this action of Madhya Pradesh government. If this increase occurs. So dearness allowance will increase from 42% to 46%, like that of central employees.

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Big increase of central government

The central government last month announced a 4% hike in dearness allowance for its employees ahead of Diwali, amounting to 46% of the basic pay. Union Minister Anurag Thakur said that this will benefit 48.67 lakh employees and 67.95 lakh pensioners.

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Date of Dearness Allowance and Relief

Madhya Pradesh government has planned to increase Dearness Allowance (DA) and Dearness Relief (DR). After a big hike. Its estimated format will come into effect from July 1, 2023. This will be passed on to employees and pensioners to compensate for the price increase.

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Combined effect of DR and DA

This step will have a combined impact on both DA and DR. This increase will cost the government exchequer Rs 12,857 crore per year. DA and DR were increased by 4% in September and March, which significantly benefited employees and pensioners.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: December 25, 2023

Posted By Sunil

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