Finance Minister K M Mani has signed papers sanctioning an additional dearness allowance of 8 per cent to government employees and pensioners with retrospective effect from January 1, 2013.
With this the total DA component has risen to 53 percent. Employees will get the additional DA in hand from the salary for the month of June drawn in July. The arrears will be merged in the Provident Fund.
Pensioners will get the additional DA as well as arrears in June itself.
This will entail an additional burden of Rs 100 crore a month on the state exchequer.
– Indian Express
