Dearness Allowance Hike: Chief Minister of Maharashtra Eknath Shinde has given a big gift to its government employees before Ganesh Chaturthi. It has been announced to increase the dearness allowance of the state employees. The Maharashtra government has increased the dearness allowance of government employees belonging to the state Scheduled Tribes from 34 percent to 38 percent. According to the Chief Minister’s Public Relations Cell, this decision of the Shinde government will cost the exchequer Rs 9 crore.
Earlier in August 2022, the dearness allowance of Maharashtra government employees was increased by 3 percent to 34 percent. The Maharashtra government has announced to increase the dearness allowance. On the other hand, central employees are also waiting for the dearness allowance to be increased for the second half of 2023. It is expected that at the end of this month, the Modi government may take a decision on increasing the dearness allowance of central employees and pensioners.
After the special session of Parliament in the last week of September, the Modi government may announce an increase in the dearness allowance of central employees and pensioners. There is a possibility that the central government can increase the dearness allowance by 3 percent from 42 percent to 45 percent. The decision to increase dearness allowance will come into effect from July 1. And the salary for the month of October will be given with increase in dearness allowance. According to statistics, this decision of the central government will benefit one crore employees and pensioners.
Dearness Allowance is calculated on the basis of Consumer Price Index of Industrial Workers which is issued by the Labor Bureau every month. On the other hand, in August 2023, the retail inflation rate for the month of July has been announced, in which the inflation rate has reached 7.44 percent above the tolerance level of RBI. At the same time, the food inflation rate has been 11.51 percent. In such a situation, the central employees hope that the government can increase the inflation rate to give them relief.
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