Home ECONOMY Diwali gift for state PSU employees as Odisha hikes DA

Diwali gift for state PSU employees as Odisha hikes DA

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Pic Courtesy: freepressjournal.in

Bhubaneswar: Odisha government today announced an additional 2 percent hike in dearness allowance (DA) of state Public Sector Undertaking (PSU) staff.

According to an official communiqué received from the Chief Minister’s Office (CMO), CM Naveen Patnaik approved the increase in DA for the PSU staff.

The state PSU employees who are getting revised salary from 2017 are eligible to get the benefits. With this announcement, the DA increases from 7 percent to 9 percent. The employees will get the benefits retrospective from July 1, 2018.

It may be mentioned here that the state government, earlier in March this year, had announced that it will implement recommendations of the 7th Pay Commission with effect from January 1, 2016.

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