Chennai, May 17 (BPNS)
Tamil Nadu Chief Minister, M.K. Stalin has on Wednesday announced a hike in Dearness Allowance (DA) of 4 percent for government employees with retrospective effect from April 1.
The announcement will benefit 16 lakh government employees, teachers and pensioners.
The hike in DA by 4 percent will cost the exchequer an additional expenditure of Rs 2366.82 crore rupees.
A statement from the government said that the DMK government led by M.K. Stalin was implementing promises given to teachers and government employees even though the state was under debt following the Covid related dip in revenue earnings and financial crisis in the state that was passed on from the previous regime.
The government in the statement said that the DA hike would be at par with that of the central government.