7th Pay Commission: There is good news for the employees of Tripura state. Tripura Chief Minister Manik Saha has announced to give five percent additional Dearness Allowance to state government employees and pensioners.
7th Pay Commission: There is good news for the employees of Tripura state. Tripura Chief Minister Manik Saha has announced to give five percent additional Dearness Allowance to the state government employees and pensioners. Announcing this in the Assembly, Saha said that this decision will benefit 1,06,932 employees and 82,000 pensioners of the state. This increase in dearness allowance will be effective from January 1.
Dearness allowance increased for state employees
Saha said that after this increase, the dearness allowance given to state government employees and pensioners will increase to 25 percent. This will cost Rs 500 crore.
Allowance of central government employees will increase
Central government employees may get some good news this month. Central government employees are likely to get a 4% increase in dearness allowance. The government increases both Dearness Allowance (DA) and Dearness Relief (DR). Dearness allowance is given to government employees, while dearness relief is given to pensioners. DA is generally revised twice a year – in January and July. The announcement regarding DA hike is expected to be made before Holi in March 2024. If the government increases DA before Holi, then 2 months’ D arrears will also be included in the salary received at the end of March.
How is DA increase calculated?
The increase in dearness allowance for employees and pensioners is calculated on the basis of the latest Consumer Price Index for Industrial Labor (CPI-IW) released every month by the Labor Bureau. The last time DA was revised was in October 2023, when DA was increased by 4 percent to 46 percent. With 4% DA increase, the total DA will increase to 50%.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
