DA Hike: Giving a big relief to the employees of Maharashtra State Road Transport Corporation, Deputy Chief Minister Eknath Shinde on Tuesday announced a 7% hike in dearness allowance. This will increase it from 46% to 53%. The dearness allowance of ST employees has been increased by 7 per cent. Due to this, the DA, which was previously at 46%, has risen to 53%. The revised DA will come into effect from June 202,5 and it is said to benefit about 87,000 employees of the state-run transport undertaking.
What is the detail
Dearness allowance is a cost-of-living adjustment given to government employees and pensioners to help them deal with inflation. It is calculated as a percentage of basic pay. The announcement was made following a high-level meeting chaired by Shinde and the newly appointed Transport Minister, Pratap Sarnaik. Senior officials of the State Transport Department, MSRTC and representatives of ST employee unions attended the meeting.
Dearness allowance increased, employees happy.
The demand for an increase in dearness allowance had been made by ST employee organisations across the state for a long time. In this context, a meeting of senior officials was held at Sahyadri Guest House, during which it was decided to implement a 53% dearness allowance on the basic salary, effective from June 2025. Currently, employees are getting a 46% dearness allowance.
Now, the accident insurance cover scheme has been implemented following an agreement with SBI. Employees with a salary account at SBI will receive insurance benefits in the event of an accident, regardless of whether they are on duty or not. Under this, insurance of Rs 1 crore will be provided in the event of death in an accident, Rs 1 crore in the event of complete disability, and up to Rs 80 lakh in the event of partial disability.