 "Karnataka govt hikes dearness allowance for employees from 38.75% to 42.5%")
The Karnataka government on Tuesday approved the revision of Dearness Allowance (DA) for state government employees from the existing 38.75 per cent to 42.5 per cent.
The announcement comes weeks before the Lok Sabha elections.
The DA will be revised from 46 per cent to 50 per cent for the employees drawing central pay scales, an official statement said.
"This change represents a significant financial commitment of Rs. 1792.71 crores every year, reaffirming our dedication to our employees, Chief Minister Siddaramaiah said on 'X'.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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