Home Business Govt Issued DA Hike Order: Good News.. 3.64% increase in dearness allowance...

Govt Issued DA Hike Order: Good News.. 3.64% increase in dearness allowance of government employees.. 29 months arrears will be given..

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Govt Issued DA Hike Order: Good News.. 3.64% increase in dearness allowance of government employees.. 29 months arrears will be given..

This increase will include employees engaged in teaching and non-teaching work at the district, division, gram panchayat level, municipality, municipal corporation, agricultural market committee, district library institute, work-charged establishments, aided institutions and universities.

State Govt hikes Dearness Allowance by 3.4%: Hyderabad: Telangana’s Reddy government has given a big gift to the state government employees and pensioners. The government has decided to increase dearness allowance (DA) by 3.64%. There is an atmosphere of enthusiasm among the state government employees due to this announcement. Sandeep Kumar Sultania, Principal Secretary, Finance Department said that this announcement of dearness allowance will be considered effective from January 1, 2023.

Arrears will be transferred to GPF
After this announcement of the government, the current rate of dearness allowance will increase from 26.39% to 30.03%. Employees will see it in their June salary to be paid in July. The DA arrears from January 1, 2023 to May 31, 2025 i.e. arrears will be transferred to the General Provident Fund (GPF) accounts of the employees.

Payment to pensioners in installments
State Govt hikes Dearness Allowance by 3.4%: The government has also informed that, retirees will get their DA arrears in 28 installments. For those covered under the Contributory Pension Scheme (CPS), 10% of the DA arrears will be added to their PRAN accounts, while the remaining 90% will be paid in installments along with the June salary.

These people will get the benefit of the increase

Let us tell you that, the employees having the pay scale of University Grants Commission (UGC) and All India Council for Technical Education (AICTE) will also get the benefit of this increase. This will increase their DA from 38% to 42%.

Decision in cabinet meeting
State Govt hikes Dearness Allowance by 3.4%: It is worth noting that in the recent cabinet meeting, the government had decided to increase DA in two parts. One of these parts will be given now and the other in six months. This increase will include employees engaged in teaching and non-teaching work at district, division, gram panchayat level, municipality, municipal corporation, agricultural market committee, district library institute, work-charged establishment, aided institutions and universities.

Decision in cabinet meeting
State Govt hikes Dearness Allowance by 3.4%: It is worth noting that in the recent cabinet meeting, the government had decided to increase DA in two parts. One of these parts will be given now and the other in six months. This increase will include employees engaged in teaching and non-teaching work at district, division, gram panchayat level, municipality, municipal corporation, agricultural market committee, district library institute, work-charged establishment, aided institutions and universities.

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