Latest news with #DearnessRelief
The Print
23-05-2025
- Business
- The Print
Sood announces 2 per cent hike in Dearness Relief for retired employees of Delhi Vidyut Board
New Delhi, May 22 (PTI) Delhi Power Minister Ashish Sood on Thursday announced that the government has sanctioned a two per cent hike in Dearness Relief (DR) for 18,737 retired employees of the Delhi Vidyut Board. With this revision, the DR rate has been raised from 53 per cent to 55 per cent effective from January 1 this year, said an official statement.
Time of India
16-05-2025
- Business
- Time of India
Bihar government hikes DA for its employees to 55 pc
The Bihar government announced a 2 percentage points increase in Dearness Allowance (DA) for its employees and pensioners on Friday. The decision was taken at a meeting of the state cabinet, chaired by Chief Minister Nitish Kumar . With this hike, employees and pensioners in the pay scale of the 7th Pay Commission will get DA and Dearness Relief (DR) of 55 per cent, Additional Chief Secretary (Cabinet Secretariat) S Siddharth said. "A hike of 6 percentage points has been approved for those in the pay scale of the 6th Pay Commission. This will raise their DA and DR to 252 per cent. For those in the pay scale of the 5th Pay Commission, the DA and DR have been raised by 11 percentage points to 466 per cent," he said. Continue to video 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like สะดวกสบายและราคาประหยัด - ราคาเตียงอัจฉริยะใน Thailand อาจทำให้คุณประหลาดใจ Smart Beds ค้นหาตอนนี้ Undo The hike will benefit more than 5 lakh employees and over 6 lakh pensioners, officials said. It will be effective from January 1, 2025, they said.
Time of India
05-05-2025
- Business
- Time of India
Arunachal govt hikes DA, DR by 2%, effective from Jan 1, '25
Itanagar: The Arunachal Pradesh govt on Monday announced a 2% increase in Dearness Allowance (DA) and Dearness Relief (DR), raising the existing rate from 53% to 55% of the basic pay and pension, with effect from Jan 1, 2025. An official statement from the chief minister's office said the enhancement will benefit All India Services officers serving or posted under the state govt, central govt employees on deputation to the govt of Arunachal Pradesh, state govt employees, as well as pensioners and family pensioners. It said the total financial implication of this revision is estimated at approximately Rs 73.22 crore for a period of 14 months, with a monthly involvement of Rs 5.23 crore. For the four-month period from Jan to April 2025, the financial implication towards DA is Rs 20.80 crore (at Rs 5.20 crore per month) and towards DR is Rs 0.12 crore (at Rs 0.03 crore per month), totalling Rs 20.92 crore, it said. The state govt has decided that the arrears for this period will be disbursed in cash to provide timely financial support to employees and pensioners. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Explore Market Opportunities Backed by AI Technology News Portal Try Now Undo Beginning May 2025, the revised DA and DR rates will be incorporated into the monthly salary and pension disbursements, it added. Arunachal Pradesh CM Pema Khandu while congratulating govt employees said the decision reflects the state govt's commitment to the welfare of its employees and retired personnel and aims to ease the financial burden due to inflation.
