As promised to employees, govt releases 1 pending DA
Hyderabad: The state govt on Friday issued orders for the release of one Dearness Allowance (DA) to its employees, teachers, and full-time contingent employees, payable with the salary for June on July 1.
The govt will incur an expenditure of over Rs 2,400 crore per annum on account of this DA.
The govt assured employees' JAC that it will release one DA now and the next one after six months. There are a total of five DAs pending.
The orders released on Friday for the payment of DA pertains to the one pending from Jan 1, 2023, during the previous BRS govt.
The state govt also enhanced the percentage of DAs to various categories of employees based on central govt formula in line with the current price index.
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