Government employees DA hike announced! Money in bank! 3% Dearness allowance increase declared in this state
Government employees DA hike: There is a reason to rejoice for the state government employees of West Bengal. These government employees dearness allowance (DA) has been increased at a rate of 3% by the government.
Government employees DA hike: There is a reason to rejoice for the state government employees of West Bengal. These government employees dearness allowance (DA) has been increased at a rate of 3% by the government.
These state government employees will get this dearness hike from the month of January 2021, according to a report from the Anandabazar Patrika. Those who draw a salary of Rs 2 lakh per year or more have also been brought under this category.
See Zee Business Live TV Streaming Below:
This decision by the West Bengal government has definitely boosted the morale of the state government employees.
West Bengal Chief Minister Mamata Banerjee had earlier announced on the decision of raising the DA of the state government employees by 3%. However, at that time, those whose income was above Rs 2 lakh per annum were not included in the category.
Chief Minister Mamata Banerjee at that time said that the raise in DA would cost the state exchequer an additional amount of Rs 2200 crore. Now, with the inclusion of those employees with a salary of more than Rs 2 lakh for dearness allowance, it is going to further increase the state government's cost.
For quite some time, there had been a rift between the state government and the different trade unions regarding a hike in the DA.
The issue was also taken to court for consideration. In the meantime, the recommendations of the 6th Pay Commission were implemented in the state. This is the first time the state government employees are enjoying a DA hike since the implementation of the 6th Pay Commission.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
03:30 PM IST