NE NEWS SERVICE
CHENNAI, OCT 25
The MK Stalin-led Tamil Nadu government has announced the second dearness allowance in 2023. This will entail an additional expenditure of ₹2,546.16 crore to fund this.
Earlier in May this year, the state government had announced that the state has approved a 4 per cent hike in 7th Pay Commission Dearness Allowance (DA) for state government employees and pensioners.
- The announcement is expected to benefit about 16 lakh Tamil Nadu government employess, teachers, pensioners and family pensioners
- The State exchequer will incur an additional expenditure of ₹2,546.16 crore to fund this
On Wednesday, Tamil Nadu government announced a 4% increase in DA (Dearness Allowance) for State government employees, teachers and pensioners with retrospective effect from July 1 this year.
The DA was increased from 42 per cent to 46 per cent. This increase is in accordance with the accepted formula, based on the recommendations of the 7th pay Commission.
According to an official release, the announcement is expected to benefit about 16 lakh Tamil Nadu government employess, teachers, pensioners and family pensioners. The State exchequer will incur an additional expenditure of ₹2,546.16 crore to fund this.
The dearness allowance for employees and pensioners is worked out on the basis of the latest Consumer Price Index for Industrial Workers (CPI-IW) brought out by the Labour Bureau every month.
