The Madhya Pradesh government on Monday announced a hike in the Dearness Allowance (DA) for over 7.5 lakh government employees in the state, taking it to 34 per cent.
Chief Minister Shivraj Singh Chouhan in a statement said the hike will put an additional burden of Rs 625 crore on the exchequer.
The government has decided to raise the DA of state employees to 34 per cent, which will be at par with the Central government. This will put an additional burden of Rs 625 crore on the exchequer, but it will benefit over 7.5 lakh employees and improve their lives, Chouhan said.
The government employees were getting 31 per cent DA after the state had hiked it by 11 per cent at one go the last time, he said.
The enhanced DA will come to effect from the salary for the month of August, which the employees will receive in September, the chief minister said.
Pensioners will be given the benefit of the DA hike after taking mandatory concurrence from the neighbouring Chhattisgarh government, as it was earlier part of the undivided Madhya Pradesh, it was stated.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.