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PERSONAL FINANCE
The order comes into implementation with effect from 1st April 2024.
DA hike news: The West Bengal government led by Mamata Banerjee has increased Dearness Allowance (DA) and Dearness Relief (DR) by 4 per cent of the state government employees. The order comes into implementation with effect from 1st April 2024. The hike was promised in the state budget earlier this year. Employees will get it from the salary of June 1. As a result of the hike, the difference between the DA provided by the Centre and state government was reduced to 32 per cent.
Earlier, the Sikkim government approved a proposal to hike the dearness allowance by four per cent for its employees and pensioners with retrospective effect from July 1, 2023.
With the four per cent hike, the dearness allowance for government employees and pensioners has gone up to 46 per cent, the officials said. The increase in DA will have an impact of Rs 174.6 crore on the state exchequer in the current financial year, they added.