In a significant move for state employees, the Punjab government has announced a 4 percent increase in the Dearness Allowance (DA) as a Diwali gift. This decision, effective from November 1, will raise the DA from 38 percent to 42 percent, benefiting over 650,000 employees and pensioners.
Complete Details of the Increase
The Chief Minister, Bhagwant Mann, emphasized that this increase aims to alleviate the financial burden caused by inflation and improve the economic conditions of state employees. The decision reflects the government’s commitment to prioritize the welfare of its workforce.
Similar Announcements Across States
Other states have also responded to the festive season by announcing DA hikes. Uttarakhand increased the DA for its employees from 50 percent to 53 percent, effective from July 1, 2024. Meanwhile, Madhya Pradesh has raised its DA to 50 percent, set to take effect in January 2024. These measures aim to provide relief amid rising inflation and assist in managing household expenses for state employees.
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Summary at glance
On the occasion of Diwali, the Punjab government has announced a 4% increase in dearness allowance (DA) for its employees and pensioners, benefiting over 650,000 individuals. This raise, effective from November 1, elevates the DA from 38% to 42%. Chief Minister Bhagwant Mann emphasized that this decision aims to alleviate the impact of inflation and support the economic well-being of state employees and their families during the festive season.
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