Diwali Delight: Gujarat Govt Employees to Receive Early Salaries In October, Details Inside

Gandhinagar: The Gujarat government has announced that it will pay salaries of its employees between October 23 and 25, ahead of Diwali, an official statement. 

According to officials, associations of employees had made a representation for early disbursement of October salaries and pensions, following which the government took the decision.

Gujarat Government To Credit Early Salaries To Its Employees In October

Meanwhile, Union Cabinet on Wednesday approved a 3 per cent hike in Dearness Allowance (DA) for government employees.

Union Minister Ashwini Vaishnaw said that the DA hike was effective from July 1, 2024.

Vaishnaw announced a 3 percent increase in Dearness Relief for pensioners.

Centre Hikes DA For Its Employees 

The total financial impact on the exchequer from both Dearness Allowance (DA) and Dearness Relief (DR) will amount to Rs 9,448.35 crore annually.

According to the announcement, this increase follows the established formula based on the 7th Central Pay Commission's recommendations.

This change will benefit approximately 49.18 lakh central government employees and 64.89 lakh pensioners. The Dearness Allowance and Dearness Relief are provided to help adjust the cost of living and safeguard the real value of basic pay and pensions against inflation.

Revisions occur biannually on January 1 and July 1, determined by the average of the All India Consumer Price Index for Industrial Workers (AICPI-IW) published by the Labour Bureau. Since this hike takes effect from July 2024, employees will receive arrears for July, August, and September.