DA Hike [ 8 % Increment ] , Good news for employees! His Dearness Allowance has been increased by 8 percent. Along with this, they will be given the back salary of 11 months. The remaining amount will be given to the employees in 3 installments. The amount of the first installment will come in the account of the employee in the month of June. Due to this, there will be a huge DA hike in their honorarium.
DA Hike [ 8 % Increment ]
Gujarat Chief Minister Bhupendra Patel on Tuesday announced an 8 per cent hike in Dearness Allowance for state government employees and pensioners with retrospective effect under the 7th State Pay Commission. A government release said that at least 9.38 lakh state government employees and pensioners covered under the Seventh Pay Commission will benefit from this hike. It states that the 4 per cent hike will be done with retrospective effect from July 1, 2022, while the 4 per cent hike in DA will be applicable from January 1, 2023.
8% hike in DA: DA Hike [ 8 % Increment ]
Gujarat government has taken a big decision in the interest of the employees and pensioners of its state. Giving information on Tuesday, Chief Minister Bhupendra Patel said that the state government has increased the Dearness Allowance of employees and pensioners under the Pay Commission. His DA hike has been increased at the rate of 8 percent. 9 lakh 38 thousand employees and pensioners will get its benefit.
Payment of arrears of 11 months in three installments: DA Hike [ 8 % Increment ]
According to the announcement, the benefit of 4 percent increase in Dearness Allowance is being given with retrospective effect from July 2022, while an additional 4 percent increase has been implemented from January 2023! He has to pay the dues of 11 months in three instalments. Since the hike is applicable with retrospective effect, the state government will pay the dues in three installments while the first installment will be disbursed in June. The second and third would be given in October 2023 along with the salary for that month, the release said, adding that the hike in DA would put an additional burden of Rs 4,516 crore on the state exchequer every month.
First installment to be given in June
The release said that the first installment will be distributed in June. Dearness Allowance (Dearness Allowance) salary of this month will be given to the second and third employees in October 2023! Along with this, 45 to 50 thousand rupees will come in the account of the employees as salary.
Additional burden of Rs 4516 crore
Explain that the increase in Dearness Allowance will put an additional burden of Rs 4516 crore on the exchequer. Due to payment in three instalments, there will be a big increase in their salary. Dearness Allowance is Life Construction Adjustment Allowance! DA hike is paid to public sector employees as well as pensioners, while dearness relief is paid to state government pensioners at par with central government pensioners.
Dearness Allowance [ 8% ]
Earlier, the Dearness Allowance of the employees was increased by the Uttarakhand government. Due to this, his salary has increased to 42 percent. Many states have announced dearness pay hike! While many state employees are still waiting for an increase in DA (DA Hike)!
DA has increased in this state also: DA Hike Gujrat 2023
After the central government, the Tamil Nadu government has also increased DA hike recently! DA has been increased by 4 percent under the Seventh Pay Commission. Himachal Pradesh, Rajasthan, Assam and more! In other states, 3 percent DA has increased Dearness Allowance!
7th pay commission [ Salary Increment ] : Bumper jump in salary including DA, salary will be 26000 X 3.68 = 95,680