The Punjab Government announced 8 per cent hike in the dearness allowance, taking the existing allowance from 27 to 35 per cent. This increase has been made on the pattern of Central government employees.
The hike which takes effect from January one this year would put an additional burden of Rs 713.89 crore on the state exchequer in the current fiscal.
The basic salary in Punjab is Rs 4,200 and the maximum Rs 80,000. The benefit to employees based on the basic salary will range between Rs 336-6,400.
Adding further the arrears of the DA till May 31 2010 would be deposited in the GPF of the employees and would be paid in cash from June 1, 2010.
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