DA hike: With DA at 53%, 2 allowances increased by 25% for central govt employees; check details

DA hike: With DA at 53%, 2 allowances increased by 25% for central govt employees; check details

DA hike: The Dearness Allowance (DA) for central government employees currently stands at 53% of the basic salary following the July 2024 revision. According to the rule, when the DA exceeds the 50% mark of the basic pay, specific allowances are automatically adjusted. This regulation ensures that employees’ additional expenses are taken into account amidst … Read more

Jobs on compassionate grounds: Can married daughters get their father’s jobs? Govt replies

Jobs on compassionate grounds: Can married daughters get their father’s jobs? Govt replies

The objective of offering appointments on compassionate grounds is to alleviate financial hardship faced by the family members of a government employee who passes away while in service. But are married daughters of deceased or medically retired government servants eligible for government job appointments on compassionate grounds? The government has recently verified that married daughters … Read more

Andhra Pradesh: Centre to fund Polavaram project as per the latest price levels

Andhra Pradesh: Centre to fund Polavaram project as per the latest price levels

Apart from sanctioning ₹12,911 crore for completion of the Polavaram irrigation project, the Union government has promised the Government of Andhra Pradesh to remove certain restrictions on payments, consider the latest price levels, and extend financial assistance for the damages caused due to unexpected flooding in the Godavari.  “There are three major points in the … Read more

PSUs asked to issue LoCs based on their financial strength

PSUs asked to issue LoCs based on their financial strength

The Finance Ministry has asked central public sector undertakings (CPSUs) to issue letters of comfort (LoCs) on the basis of their own financial strength so that no liability devolves on the Government of India. The Office Memorandum dated March 20, 2023, has been issued following a request from some CPSUs in the oil and power … Read more