Latest news with #DharmaveerAnandDigheMedicalReimbursementScheme
Hindustan Times
3 days ago
- Business
- Hindustan Times
MSRTC employees to receive 7% hike in dearness allowance from June
MUMBAI: In a significant relief to Maharashtra State Road Transport Corporation (MSRTC) employees, deputy chief minister Eknath Shinde on Tuesday announced a 7% hike in Dearness Allowance (DA), raising it from 46% to 53%. The revised DA will come into effect from June 2025 and is expected to benefit nearly 87,000 employees of the state-run transport undertaking. Dearness Allowance is a cost-of-living adjustment paid to government employees and pensioners to help offset inflation. It is calculated as a percentage of the basic salary and revised periodically based on changes in the Consumer Price Index. The announcement came after a high-level meeting chaired by Shinde and newly appointed Transport Minister Pratap Sarnaik. The meeting was attended by senior officials from the state transport department, MSRTC, and representatives of ST employees' unions. Key issues discussed included the long-pending DA revision and medical insurance schemes for employees. 'From June 2025, ST employees will receive 53% DA. They will also have the option to choose between the Mahatma Phule Jan Arogya Yojana or the Dharmaveer Anand Dighe Medical Reimbursement Scheme for healthcare. Additionally, each employee will be covered under a ₹1 crore accident insurance policy,' Shinde said after the meeting. Further sweetening the deal for MSRTC staff, Shinde announced that retired employees and their spouses would now be entitled to free travel passes for 12 months, up from the current nine. This move is expected to benefit around 35,000 retired personnel. The deputy CM also directed MSRTC to explore launching cargo services by converting bus depots into logistics hubs, in a bid to enhance revenue generation for the loss-making corporation. With this DA hike and extended benefits, the state government hopes to boost morale among MSRTC staff, who have in recent years staged several protests demanding better wages and working conditions.
Time of India
3 days ago
- Business
- Time of India
Shinde: MSRTC staffers to now receive 53% DA
Mumbai: All Maharashtra State Road Transport Corporation (MSRTC) employees will receive a 53% dearness allowance on their basic salary starting from this month, up from the previous 46%, announced deputy chief minister Eknath Shinde on Tuesday. Additionally, employees will have the option to choose between the Mahatma Jyotirao Phule Jan Arogya Yojana or Dharmaveer Anand Dighe Medical Reimbursement Scheme, along with implementing an accidental insurance cover of Rs 1 crore. Furthermore, retired employees will receive a free travel pass for 12 months instead of nine, Shinde said. He conducted a meeting with representatives from various MSRTC organisations at Sahyadri guest house. Transport minister Pratap Sarnaik and MLA Sadabhau Khot, along with additional chief secretary (transport) Sanjay Sethi, MSRTC managing director Madhav Kusekar, among other officials and politicians, were present at the meeting. Shinde emphasised that the ST bus service, which serves as a lifeline for the public, should provide the expected quality service. He stressed the importance of maintaining cleanliness in buses and bus stations, including restrooms and waiting areas. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo The deputy CM also called for the initiation of cargo services through ST buses and suggested transforming bus stations into bus ports to help MSRTC overcome its losses. During the meeting, representatives from the organisations presented various demands, including increasing MSRTC's revenue and fuel savings. Currently, employees receive a 46% dearness allowance on their basic salary, which will be increased to 53% from June. Decisions regarding the arrears of the dearness allowance will be made based on the availability of funds, Shinde said. Under the combined scheme of Mahatma Jyotirao Phule Jan Arogya Yojana and Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, employees are provided with cashless medical benefits up to Rs 5 lakh. The Dharmaveer Anand Dighe Medical Reimbursement Scheme has been introduced, offering employees the option to choose one of these plans. A senior official said: "MSRTC, whose salary accounts are with the State Bank of India, will be covered by insurance in case of accidents, whether on duty or not. In the event of a personal accident resulting in death, a cover of Rs 1 crore will be provided, Rs 1 crore for total disability, and up to Rs 80 lakh for partial disability." The free travel pass for a year for retired employees and their spouses on ST services will be extended to approximately 35,000 retired employees. Mumbai: All Maharashtra State Road Transport Corporation (MSRTC) employees will receive a 53% dearness allowance on their basic salary starting from this month, up from the previous 46%, announced deputy chief minister Eknath Shinde on Tuesday. Additionally, employees will have the option to choose between the Mahatma Jyotirao Phule Jan Arogya Yojana or Dharmaveer Anand Dighe Medical Reimbursement Scheme, along with implementing an accidental insurance cover of Rs 1 crore. Furthermore, retired employees will receive a free travel pass for 12 months instead of nine, Shinde said. He conducted a meeting with representatives from various MSRTC organisations at Sahyadri guest house. Transport minister Pratap Sarnaik and MLA Sadabhau Khot, along with additional chief secretary (transport) Sanjay Sethi, MSRTC managing director Madhav Kusekar, among other officials and politicians, were present at the meeting. Shinde emphasised that the ST bus service, which serves as a lifeline for the public, should provide the expected quality service. He stressed the importance of maintaining cleanliness in buses and bus stations, including restrooms and waiting areas. The deputy CM also called for the initiation of cargo services through ST buses and suggested transforming bus stations into bus ports to help MSRTC overcome its losses. During the meeting, representatives from the organisations presented various demands, including increasing MSRTC's revenue and fuel savings. Currently, employees receive a 46% dearness allowance on their basic salary, which will be increased to 53% from June. Decisions regarding the arrears of the dearness allowance will be made based on the availability of funds, Shinde said. Under the combined scheme of Mahatma Jyotirao Phule Jan Arogya Yojana and Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, employees are provided with cashless medical benefits up to Rs 5 lakh. The Dharmaveer Anand Dighe Medical Reimbursement Scheme has been introduced, offering employees the option to choose one of these plans. A senior official said: "MSRTC, whose salary accounts are with the State Bank of India, will be covered by insurance in case of accidents, whether on duty or not. In the event of a personal accident resulting in death, a cover of Rs 1 crore will be provided, Rs 1 crore for total disability, and up to Rs 80 lakh for partial disability." The free travel pass for a year for retired employees and their spouses on ST services will be extended to approximately 35,000 retired employees.
