DA allowance of government employees and pensioners increased by 4%, benefiting 16 lakh families of this state

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Dearness Allowance hike: There is a good news for lakhs of employees and retired pensioners working in government departments. That is, the dearness allowance (DA) for employees and pensioners has been increased by about 4 percent by the government, which will benefit about 16 lakh families. According to a report, Tamil Nadu Chief Minister MK Stalin has approved a four per cent hike in Dearness Allowance (DA) for state government employees.

Benefits to 16 lakh government employees and pensioners

In an official release issued by the Tamil Nadu government on Wednesday, it has been said that this step will put an additional burden of Rs 2,366.82 crore annually on the exchequer. This decision of the government will benefit 16 lakh government employees, teachers, pensioners and family pensioners. The release said that this increase will be applicable with retrospective effect from the beginning of the financial year, April 1, 2023. DA has been increased from 38 percent to 42 percent. It has been said in the release that when the central government will take such a step in the future, then the state government will also increase the DA accordingly.

what happens da

The full form of DA is Dearness Allowance. It means dearness allowance in Hindi. Dearness allowance is given in the form of additional monetary help, which is given to balance or adjust the decline in the economic condition of the employees due to inflation. In short it is called DA.

How DA increases

DA is in a fixed percentage of the basic salary of the employee. It is also given by adding it to the salary. Normally, the government announces an increase in the dearness allowance of the employees every six months (in January and July). The help of consumer price index is taken to decide by what percentage the dearness allowance will increase in which year.

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