Diwali bonanza for employees and pensioners: Punjab hikes DA 4%

In a Diwali bonanza for families of more than 6.5 percent lakh employees and pensioners of the state government, Punjab Chief Minister Bhagwant Singh Mann announced a hike of 4% in the Dearness Allowance (DA) for families of more than 6.5 lakh employees and pensioners of the state government.

On Wednesday, a spokesperson from the Chief Minister’s Office stated, “The Chief Minister approved a 4% DA increase for employees and pensioners, effective from November 1, 2024, raising it from 38% to 42%.”

Mann emphasized, “This decision will benefit more than 6.5 lakh employees, pensioners, and their families. Employees are a critical segment of the state administration, and safeguarding their interests is the government’s top priority. No stone is being left unturned for this noble cause, and every effort is being made to ensure the welfare of employees.”