Diwali Gift for Employees, Pensioners as Punjab Government Announces 3% Dearness Allowance Hike
The increase gives 8 lakh beneficiaries an 11% DA hike this year, while arrears of Rs 22,818 crore remain pending in court.
- On Wednesday, Punjab Chief Minister Bhagwant Mann announced a 3 per cent dearness allowance hike, calling it a "Diwali gift" for 8 lakh employees and pensioners; the increase brings the total DA to 53 per cent.
- This year's total dearness allowance increases reached 11 per cent, following Mann's earlier September decision to raise DA from 42 per cent to 50 per cent, providing relief to employees and pensioners.
- Outstanding dearness allowance and relief arrears spanning January 1, 2021, to September 30, 2026, have accumulated to Rs 22,818 crore, with the issue pending before the Punjab and Haryana High Court.
- The recent hike entails a fiscal liability of Rs 380 crore for the remainder of the current financial year, while clearing pending dues requires the state to pay 6 per cent annual interest on arrears.
- On Tuesday, the High Court issued a contempt notice to Chief Secretary Sinha regarding non-payment of arrears, seeking his response by November 17 on the government's position.
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12 Articles
Diwali gift for employees, pensioners as Punjab government announces 3% dearness allowance hike
The Chief Minister said his government raised the DA rate by 11 per cent within two months. Earlier, it had increased by 8 per cent. He further said 71,777 new government jobs have been given on the basis of merit.
The Punjab government has announced a 3% increase in dearness allowance (DA), bringing the state's DA to 53%. This will benefit 800,000 employees and pensioners.
Diwali brings good news for millions of Punjab government employees and pensioners. Amid rising inflation, the Bhagwant Mann government has given state employees a significant gift.
Social News XYZ
Diwali gift for employees: Punjab CM announces release of DA instalment
Chandigarh, Nov 4 (SocialNews.XYZ) Punjab Chief Minister Bhagwant Singh Mann on Wednesday announced the release of a three per cent dearness allowance (DA) for state government employees and pensioners, providing financial relief to nearly eight... - Social News XYZ
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