Don’t miss the latest developments in business and finance.

Dearness Allowance

Banerjee claimed that those who secured jobs during the previous regime by virtue of recommendations made on pieces of paper by the ruling party leaders were holding agitations over DA

Updated On: 30 Mar 2023 | 12:04 PM IST

The move will benefit about 4.8 million central government employees and 6.9 million pensioners. The decision will be effective from 1 January, 2023

Updated On: 24 Mar 2023 | 11:36 PM IST

She explained the difference in the salary structures of the Central and state governments and claimed that the TMC government is already giving its employees DA of 105 per cent

Updated On: 07 Mar 2023 | 12:09 PM IST

The West Bengal government on Friday issued a notification for the grant of dearness allowance (DA) to the employees, pensioners, and family pensioners at the rate of six per cent of the basic pay with effect from March 1, following the recommendations of the 6th Pay Commission. The six per cent in DA is the total of the three per cent increase announced in December 2020 (meant for January 1, 2021 implementation) and a similar raise declared recently. The notification said that "the calculation of DA shall be made taking into account the revised basic pay and non-practising allowance if any, but it shall not include any other type of pay." "The DA will also be admissible to teaching and non-teaching staff of government-aided institutes as well as to staff of the local bodies. It will be the responsibility of the pension disbursing authority to calculate the quantum of dearness relief on revised pension and family pension payable to each individual case," the notification stated. A

Updated On: 25 Feb 2023 | 6:36 AM IST

The central government is likely to increase dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from existing 38 per cent as per the agreed formula for the purpose. The dearness allowance for employees and pensioners are worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry. Talking to PTI, All India Railwaymen Federation, General Secretary, Shiva Gopal Mishra said, "The CPI-IW for December 2022 was released on January 31, 2023. The dearness allowance hike works out to be 4.23 per cent. But the government does not factor in hiking DA beyond decimal point. Thus DA is likely to be increased by four percentage points to 42 per cent." He further explained that the expenditure department of the Finance Ministry will formulate a proposal to hike DA along with its revenue implication and will put

Updated On: 05 Feb 2023 | 11:28 PM IST

The Dearness Allowance (DA) for government employees including teachers, pensioners and family pensioners would be increased from 34 per cent to 38 per cent with immediate effect, Chief Minister M K Stalin said here on Sunday. The increase, effective January 1, 2023, would benefit about 16 lakh staff and the decision was taken after considering the representation of government employees, he said. Though the move would entail an additional annual expenditure of Rs 2,359 crore, the government has taken up the financial burden considering the welfare of state employees. On the protest of government teachers seeking 'equal pay for equal work', he said a committee of three top officials, headed by Finance Secretary-Expenditure, would be set up. The government has decided to take steps based on the recommendations of the panel, he said. Terming the DA hike a 'New Year gift,' he appealed to the staff to cooperate with the government in its efforts aimed at people's welfare and prosperity.

Updated On: 01 Jan 2023 | 4:31 PM IST

Tripura Chief Minister Manik Saha on Tuesday declared a 12 per cent hike in Dearness Allowance (DA) and Dearness Relief (DR) for state government employees and pensioners with effect from December 1. With this, the state government employees' DA has gone up from 8 per cent to 20 per cent. "A total of 1,04,600 regular employees and 80,800 pensioners will benefit from the decision. Besides, ... and part-time employees will receive the benefit as their remunerations have been almost doubled", Saha said at a press conference. The chief minister said the decision of the government to increase the DA/DR by 12 per cent will put an additional amount of Rs 120 crore per month and Rs 1,440 crore per annum. Saha said, "Despite shortage of resources, the government has revised the salary structures to give benefit to the lakhs of employees and their families". Deputy Chief Minister Jishnu Debbarma, who holds the Finance portfolio, said there has been criticism for not increasing DA for govern

Updated On: 27 Dec 2022 | 2:55 PM IST

The Maharashtra government has approved a six per cent hike in dearness allowance for the employees of the Maharashtra State Road Transport Corporation (MSRTC), a top official said on Wednesday. Shekhar Channe, vice chairman and managing director of MSRTC, told PTI that the government has given the nod for increasing DA to 34 per cent from the existing 28 per cent. The hike will put a financial burden of Rs 15 crore per month on the state-owned public transport body. Shrirang Barge, a union leader, said they were happy with the decision though it was pending for four months. "MSRTC employees should also get dearness allowance arrears as in the past the state government has not paid it," Barge said. The corporation has a workforce of more than 80,000 employees. Last year, MSRTC employees had gone on a strike for more than five months for various demands including merger of the corporation with the state government. MSRTC is one of the biggest state-owned public transport ...

Updated On: 16 Nov 2022 | 9:30 PM IST

His statement came just a day after the state government moved to the apex court in this matter

Updated On: 05 Nov 2022 | 11:35 PM IST

Enhanced rate in DA will be applicable with effect from July this year

Updated On: 23 Oct 2022 | 11:11 AM IST

Ahead of Diwali, the Uttar Pradesh govt has announced an increase in dearness allowance and dearness relief of its employees and pensioners from 34 per cent at present to 38 per cent from July 1.

Updated On: 18 Oct 2022 | 8:38 AM IST

The move will benefit about 4.8 million central government employees and 6.9 million pensioners. The decision will be effective from July 1, 2022.

Updated On: 28 Sep 2022 | 10:11 PM IST

Business Standard brings you top news of the evening

Updated On: 28 Sep 2022 | 6:18 PM IST

Ahead of Diwali festival, the Cabinet on Wednesday approved 4 per cent additional instalment of Dearness Allowance and Dearness Relief to central government employees and pensioners with effect from July 1, 2022. There are about 50 lakh central government employees and over 61 lakh pensioners. The central government employees and pensioners will become entitled to higher amount of Dearness Allowance (DA) and Dearness Relief (DR) respectively, with effect from July 1, 2022, said I&B Minister Anurag Thakur at a press briefing here. The additional financial implications on account of the increase of DA to employees are estimated at Rs 6,591.36 crore per annum, and Rs 4,394.24 crore in the financial year 2022-23 (8 months from July, 2022 to February, 2023). The additional financial implications in case of pensioners are estimated at Rs 6,261.20 crore per annum, and Rs 4,174.12 crore in the financial year 2022-23. The combined impact on the exchequer on account of both Dearness ...

Updated On: 28 Sep 2022 | 5:17 PM IST

A division bench of the Calcutta High Court on Thursday rejected a review petition of West Bengal government to reconsider an earlier judgement of the bench to clear dearness allowance (DA) arrears within three months. The bench comprising justices Harish Tandon and Rabindranath Samanta rejected the state government's petition to review its May 20 order. Upholding an order of the State Administrative Tribunal (SAT), the Calcutta High Court had in May directed the West Bengal government to release dearness DA arrears since July 2009, when the Revision of Pay and Allowances (ROPA) came into effect in the state, within three months. The state government had filed a writ petition in the high court challenging the SAT order of July 2019 that directed it to pay DA at par with the Centre, and to clear the amount in three instalments. The division bench on Thursday also fixed November 9 as the date of hearing of a contempt petition filed by the associations of state government employees, .

Updated On: 22 Sep 2022 | 3:09 PM IST

The proposal has been approved by Chief Minister Naveen Patnaik. The rate of DA will now be enhanced to 34 per cent from the existing 31 per cent, a statement released by the CMO said.

Updated On: 19 Sep 2022 | 8:07 PM IST

The cabinet of Tripura Chief Minister Manik Saha has cleared a proposal for a 5 per cent hike in dearness allowance for state government employees and pensioners with effect from July 1

Updated On: 03 Aug 2022 | 1:43 PM IST

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.

Updated On: 01 Aug 2022 | 2:17 PM IST

The state government said the DA arrears amount was 'erroneously' credited into the GPF accounts of the employees 'due to a technical glitch'

Updated On: 29 Jun 2022 | 11:23 PM IST

The Karnataka govt on Tuesday issued an order enhancing the rates of Dearness Allowance payable to government employees from the existing 24.50% to 27.25% of basic pay from January 1 this year

Updated On: 06 Apr 2022 | 12:29 AM IST