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Non-gazetted railway employees to get bonus equivalent to 78 days’ wages

New Delhi, Oct 18 (PTI) Railway employees will receive a bonus equivalent to their 78 days’ salaries, a move that will benefit more than 11.07 lakh non-gazetted staff of the national transporter, the government announced on Wednesday. “The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a Productivity Linked Bonus (PLB), equivalent to 78 days’ wages, for the financial year 2022-23 for all eligible non-gazetted railway employees,” Information and Broadcasting Minister Anurag Thakur said here. The decision will benefit track maintainers, loco pilots, train managers (guards), station masters, supervisors, technicians, technician helpers, pointsmen, ministerial staff and other Group

Centre hikes Dearness Allowance (DA) by 4% for Central Govt employees, pensioners

New Delhi, October 18, 2023 : The Central government on Wednesday hiked the Dearness Allowance for its 117 lakh employees and pensioners by 4% ahead of the festival season, a minister said, a move that would cost the exchequer 12,857 crore rupees annually. The Dearness Allowance (DA) — a part of monthly wages and pensions provided to cushion against rises in the cost of living — was effective beginning July 1, 2023, the Information and Broadcasting Minister Anurag Thakur said on Wednesday. Anurag Thakur told reporters after the meeting of the Union Cabinet that the DA for central government employees

India hikes govt employee inflation-adjusted allowance by 4%

NEW DELHI, Oct 18 (Reuters): The Indian government on Wednesday hiked the inflation-adjusted allowance for its 11.7 million employees and pensioners by 4% ahead of the festival season, a minister said, a move that would cost the exchequer 128.57 billion rupees ($1.54 billion) annually. The wage increase, or dearness allowance — a part of monthly wages and pensions provided to cushion against rises in the cost of living — was effective beginning July 1, 2023, the Information and Broadcasting Minister Anurag Thakur said on Wednesday. The federal and state governments generally announce twice-a-year adjustments in inflation-linked wages on top of

DA may be hiked by 4% today for central govt employees, pensioners

DA may be hiked by 4% today for central govt employees, pensioners

New Delhi, Oct 18, 2023: Central government employees and pensioners are in for a treat as the Union Government is likely to hike the dearness allowance (DA) today. To fight against inflation, the central government increases the dearness allowance periodically. It is usually revised in January and July. However, the announcement of the hike in DA and the payout comes a bit later and as we are already in the second half of September and the announcement of the next hike is not very far. How much hike in dearness allowance can a central government employee expect this time? Let’s find

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