Odisha Chief Minister Naveen Patnaik announced on Friday increasing the Dearness Allowance (DA) of government employees and pensioners by 3 percent. The decision would benefit 7.5 lakh Odisha government employees and pensioners, as per the Chief Minister's Office.
The government also decided to pay 30 percent of the arrears of employees on the Seventh Pay Commission. Earlier, they received 50 per cent of the arrears of their increased pay from January 2016 to August 2017. It will benefit 6 lakh government employees in the state.
ALSO READ: DA hike | Salary may increase up to Rs 20,000 early next year
Following the hike, the government employees will now get 31 per cent DA. The hike will be effective from July 1, 2021.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.