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Magadh Today - Beyond Headlines > Latest News > India > DA hike news: Punjab announces 4% increase in dearness allowance for govt employees
India

DA hike news: Punjab announces 4% increase in dearness allowance for govt employees

Gulshan Kumar
Last updated: 2023/12/19 at 10:10 AM
By Gulshan Kumar 2 years ago
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In a significant move, Punjab Chief Minister Bhagwant Mann declared a 4% increase in dearness allowance for government employees. Effective from December 1, this raises the DA from 34% to 38%, benefiting 3.25 lakh employees and 3.50 lakh pensioners in the state.

Mann shared the news on social media, stating, “DA is increased by 4% which will be considered effective from 1st December 2023.” The announcement followed discussions with representatives of the Punjab State Ministerial Service Union.

PSMSU president Amrik Singh mentioned that the chief minister assured the remaining 8% DA would also be granted. Additionally, issues like the restoration of the old pension scheme and regularization of contractual employees were addressed.

The dearness allowance calculations are based on the latest Consumer Price Index for Industrial Workers, released monthly by the Labour Bureau. Mann indicated the state government’s intention to discuss the restoration of the old pension scheme with the Union government, emphasizing a forthcoming meeting with the Secretary, Finance, Government of India.

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