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Home Personal Finance 4% DA Hike: Employees will get the benefit of 4% dearness allowance...

4% DA Hike: Employees will get the benefit of 4% dearness allowance from April, the amount in the account will increase.

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CM has announced four percent dearness allowance for government employees, on which approximately Rs 580 crore will be spent every year. Apart from this, payment of dues related to all employees and pensioners and pension will be started in a phased manner from March 01, 2024.

DA Hike /Arrears 2024: There is good news for the government employees and pensioners of Himachal Pradesh. The Sukhwinder Singh Sukhu government of the state has given two big gifts before Holi. First- From March 1, salaries and dues of employees and pensioners will be paid in a phased manner. Secondly, 4 percent DA installment will be released to the employees from April 1. Non-Gazetted Employees Federation thanked the Chief Minister and said that there is a wave of happiness among the employees due to these two decisions of the government.

In fact, recently the Sukhwinder Singh Sukhu government of Himachal Pradesh presented the second budget of its tenure worth ₹ 58,444 crore. During this, CM Sukhu announced to increase the honorarium of Anganwadi workers, mid-day meal workers, MNREGA laborers and councilors, panchayat representatives including Zilla Parishad presidents and vice-presidents. He also announced to pay the next installment of arrears and DA of government employees.

Arrears from March, leave encashment-gratuity

During the budget, the CM, while giving a gift to more than 3 lakh employees of the state, announced that the salaries and dues of the employees and pensioners will be paid in a phased manner from March 1. For payment of arrears, Punjab Government has given arrears notification, all employees will get arrears from March 2024. Employees retired between January 2016 and December 31, 2021 will receive arrears from March. Dues related to leave encashment and gratuity of retired employees will also be paid.

4 percent DA installment from April

Apart from this, 4% DA installment will also be issued to the employees from April 1. About Rs 580 crore will be spent on this every year. After April 1, 2024, the employees of the state will get the facility of LTC at least twice during their service period, till now they could take LTC only once. Leave encashment and graduation related dues of employees retired between January 1, 2016 and December 31, 2021 will be paid from March 2024.

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