TN CM Stalin has announced a 4% increase in DA for government employees and pensioners.
The Chief Minister of Tamil Nadu, M.K. Stalin, has declared an increase of 4% in Dearness Allowance (DA) for pensioners, government employees, and teachers, with the effective date from April 1. This hike will be advantageous for 16 lakh employees and will result in additional expenditure of Rs 2,366.82 crore. The government has assured that they are fulfilling their promise to the employees despite the state’s financial crisis due to the Covid-related dip in revenue earnings, and the financial burden left by the previous regime. The hike in DA for government personnel is consistent with the central government’s increase, raising it from 38% to 42%.
Tamil Nadu DA Chart 2023
How much additional expenditure will the hike cost the government?
The hike will cost an additional expenditure of Rs 2,366.82 crore to the state exchequer.
Why did the government announce the hike despite the state's debt and financial crisis?
The government has stated that it is fulfilling its promises made to employees despite the financial burden passed on by the previous regime and the dip in revenue earnings due to the Covid pandemic.
Leave a Reply