The Odisha Government Monday declared an additional two percent hike in dearness allowance (DA) of state Public Sector Undertaking (PSU) employees.
According to official release issued from the Chief Minister’s Office (CMO), Shri Naveen Patnaik approved the increment in dearness allowance (DA) for the PSU staff on Monday.
The Public Sector Undertaking (PSU) employees who are getting revised salary from 2017 are eligible to get the benefits retrospective from July 1, 2018.
With this hike, the DA of PSU employees stand increased to nine percent from the former seven percent.
Earlier this year in the month of March, State government had also announced that it will implement recommendations of the 7th Pay Commission with effect from January 1, 2016.
The hike is a reason to smile for the employees of the PSUs.