Haryana govt hikes DA by 6 pc
Haryana finance minister Birender Singh on Monday announced to enhance the rate of DA payable to the state government employees from existing 41 per cent to 47 per cent.
By PTI |
CHANDIGARH: Haryana finance minister Birender Singh on Monday announced to enhance the rate of Dearness Allowance (DA) payable to the state government employees from existing 41 per cent to 47 per cent of the pay with effect from January 1, 2008 on the pattern of the Central Government employees.
The Finance Minister said that the arrears on account of the enhancement made in DA would be paid in cash, said an official release.
Birender Singh pointed out that grant of DA would put additional liability of Rs. 210 crore on state exchequer during the 14 months period that is from January 2008 to February 2009 and Rs. 180 crore during the following financial year.
Minister said that the Government had to bear liability of Rs.15 crore per month on granting of DA installments to its employees. This enhancement in DA installments would benefit about 2.74 lakh employees of the State, he said.
The Finance Minister said that the arrears on account of the enhancement made in DA would be paid in cash, said an official release.
Birender Singh pointed out that grant of DA would put additional liability of Rs. 210 crore on state exchequer during the 14 months period that is from January 2008 to February 2009 and Rs. 180 crore during the following financial year.
Minister said that the Government had to bear liability of Rs.15 crore per month on granting of DA installments to its employees. This enhancement in DA installments would benefit about 2.74 lakh employees of the State, he said.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
