DA Hike Alert: After increasing the dearness allowance by the central government, good news is coming for the government employees of many states of the country. After the Uttar Pradesh government had increased the dearness allowance for its state government employees and pensioners, now the Tamil Nadu government has also increased the DA. Tamil Nadu Chief Minister M.K. Stalin has approved a four per cent hike in Dearness Allowance (DA) for state government employees.
The Uttar Pradesh government has increased the Dearness Allowance (DA) for its employees and dearness relief to its pensioners by 4 per cent with effect from January 1, 2023. Chief Minister Yogi Adityanath said that this would benefit 16.35 lakh employees and 11 lakh pensioners of the state. In the larger interest of 16.35 lakh state employees and 11 lakh pensioners serving in the UP government, the government has decided to increase the rate of dearness allowance and dearness relief by 4 percent from 38 percent to 42 percent with effect from January 1, 2023.
Retired employees will be paid in cash
This is the first revision in DA and DR for 2023. After the revision in January last year, DA was fixed at 34%, which was increased by 4% in July 2022. This percentage is based on the basic salary of the employee. The arrears of five months will be transferred to the provident fund account of the employees.
16 lakh people will get benefit
An official press release said on Wednesday that the move would put an additional burden of Rs 2,366.82 crore on the exchequer annually. This decision of the government will benefit 16 lakh government employees, teachers, pensioners and family pensioners.
With effect from April 1, 2023
The release said that this hike will be applicable with retrospective effect from the beginning of the financial year, April 1, 2023. DA has been increased from 38 percent to 42 percent. It has been said in the release that whenever the Central Government takes such a step, the State Government will also increase the DA accordingly.
Read also: Business Idea- Profit only profit! Nominal investment and earn 40 to 50 thousand rupees per month, know how?