Along with this, it was also told from the government that from when this DA will be applicable. Even before this, the government had announced to distribute 36 thousand scooters to meritorious students and an increase in dearness allowance was also announced for the home guards of the state. Let us know what else has been announced by this government?

This government took the decision

Just before Diwali, on 23 October, Assam Chief Minister Himanta Biswa Sarma took to Twitter to say that the Assam government has decided to increase the dearness allowance of the employees. He said that this dearness allowance will be considered applicable from July 1, 2022. Along with this, the employees of the Assam government are going to get 4 percent dearness allowance.

People are welcoming this decision fiercely, one user wrote that thank you very much sir. Happy Diwali to you and your family too. You know very well how to win the hearts of people. The timing of your announcements is always right. This will surely add to the celebration of Diwali and bring smiles on the faces of many.

Home Guards salary hiked in Assam government

The state government has also given Diwali gifts to the home guards. The state government has increased the daily duty allowance of home guards from Rs 300 to Rs 767. Let us tell you that the state government has given this information through a notification. After increasing the DA, the salary of the home guard will be 23,010. The government has also issued instructions to implement this increase immediately.

After this decision, Assam Chief Minister Himanta Biswa Sarma tweeted that Home Guards, the main branch of Assam Police, contribute significantly in maintaining legal systems in the state, keeping in mind the demand of about 24 thousand home guards, we have increased their daily allowance. has been approved.

These states have increased dearness allowance

Before Diwali, the Assam government has increased the dearness allowance of government employees. With this, Assam has joined the few states where government employees have been given relief from inflation. Let us tell you that earlier the government of Uttar Pradesh, Delhi, Chhattisgarh, Haryana and Odisha had increased DA and DR.

The post 7th Pay Commission: Before Diwali, this government gave gifts to the employees, bumper increase in DA first appeared on Rightsofemployees.com.

Now the name of another government bank, Union Bank has been added to this episode. Recently Union Bank has also increased its interest rates. The new rates have come into effect from October 17.

Union Bank has increased the interest rates on FDs to 7 per cent. According to the bank’s website, FDs of 91 days to 180 days will now get 4.10 percent interest instead of 0.20. From 181 to one year, 5.25 and one year FD will now get 6.30 percent interest, which was 5.35 percent earlier. Interest will be available at the rate of 6.60 percent for 1 year to 443 days, 6.70 for 444 days, 6.60 percent for 445 days to 598 days, 7 percent for 599 days, 6.70 percent for two to ten years. The new rates have come into effect from October 17.

ICICI and SBI Bank have also increased interest

Recently, ICICI Bank has also increased the interest on FDs from 7 days to 10 years by 3.75-6.25 percent. At the same time, an interest of 6.50 percent will be available on FD for 1 year 389 days to 2 years and 1 day to 3 years. At the same time, SBI has also increased the interest rates on FD by up to 20 basis points. FDs of two years and less than three years will now get 5.65 percent interest instead of 5.50 percent. At the same time, the interest rate between three years and less than five years has now increased from 5.60 percent to 5.80 percent. At the same time, the interest rate on FDs ranging from five years to 10 years has now increased from 5.65 percent to 5.85 percent. The new rates have come into effect from 15 October 2022.

Interest rates of these banks have also increased

Axis Bank has increased the interest on FDs by 0.75% to 6.20%. The new rate has come into effect from October 14. At the same time, HDFC Bank has increased the interest rates of FD by 75 basis points i.e. 0.75 percent. At the same time, the bank has increased the interest on its RD by 50 basis points i.e. 0.50 percent. The new rates have come into effect from 11 October 2022.

The post FD Interest Rates Hike: Before Diwali, this government bank gave a gift to customers, increased interest on FD first appeared on Rightsofemployees.com.