National News: The Nitish Kumar government has brought festive cheer for state employees and pensioners. Ahead of Diwali and Chhath, the Bihar Cabinet tried a 3% hike in dearness allowance. With this move, DA for employees has now increased from 55% to 58%. This visualization comes at a politically crucial time, just surpassing the turnout elections. For employees and pensioners, it is both a festive relief and a financial boost.
Employees To Receive Higher Salaries
The salary hike depends on vital pay. For example, an employee with a vital salary of Rs 60,000 older received Rs 33,000 at 55% DA. Now, at 58% DA, the value rises to Rs 34,800. This ways an spare Rs 1,800 will be credited every month. The timely relief is expected to help employees manage festival expenses. Many see it as both a financial cocoon and an election-year strategy.
Central Government Approves Similar Hike
Along with Bihar, the Union Cabinet chaired by Prime Minister Narendra Modi moreover tried a DA hike. Inside government employees and pensioners will now get 58% DA, constructive from July 1. This festive utterance will goody nearly 48 lakh inside employees and 67 lakh pensioners. The Centre’s visualization is moreover stuff viewed as a step to uplift purchasing power. Economists say it will enhance market worriedness during the festive season.
Odisha Government Follows The Trend
Not just Bihar and the Centre, Odisha moreover spoken a DA hike. Chief Minister Mohan Charan Majhi tried a 2% increase for PSU employees. Their DA will rise from 53% to 55%, constructive from January 1, 2025. This utterance adds to the festive spirit for thousands of state employees. It shows how governments wideness states are aligning such decisions with festivals.
Festive Relief With Political Impact
These DA hikes are increasingly than financial decisions; they siphon political weight. Employees and pensioners form a large voter base, and such steps influence public mood. By announcing hikes virtually Diwali and Chhath, governments link financial relief with festive happiness. Analysts believe the timing strengthens trust among employees. At the same time, it creates a positive undercurrent for upcoming elections.