7th pay commission: In yet another move that will please a big section of the population, the Chief Minister ML Khattar led government in Haryana on Thursday cleared a 2 per cent hike in Dearness Relief (DR) for retirees. It will come as a big relief for state government pensioners and family pensioners. The DR hike order will be implemented with effect from July 1, 2018.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Significantly, this move by the government will be more than welcome since it has raised the Dearness Relief on the same lines as by the Centre for the central government employees who come under the aegis of teh 7th Pay Commission report linked salary system. As such, the raise in Dearness Relief is from the current 7 per cent level to 9 per cent. This was announced by Haryana Finance Minister Capt Abhimanyu in an official statement yesterday.

Capt Abhimanyu said that the Haryana government has taken this step to increase Dearness Relief for pensioners despite the fact that this step would increase the burden on the government. Notably, this increase is going to put an additional burden of about Rs 92.64 crore on the state treasury as it will apply for 8 months from July 2018 to February 2019 in the financial year 2018-19.

Watch This Zee Business Video

Notably, the same step was taken at the Centre regarding Dearness Allowance for central government employees not too long ago. However, these staffers at the Centre are waiting for a news of another kind. They want their salaries to be hiked by the Centre through a fitment factor increase from the current 2.57 times to 3.68 times. This announcement by the Centre is what they have been demanding for quite some time. With the general elections 2018 looming, time is gradually running out for a positive decision.