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.
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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