A 3% hike in Dearness Allowance for State government employees and pensioners, an increase in the monthly pension for freedom fighters and their descendants and setting up of an 'Independence Day Museum' in Chennai were among the major announcements made by Tamil Nadu Chief Minister M.K. Stalin during his Independence Day address on Monday.
Hoisting the national flag on the ramparts of the Fort St. George in Chennai, Mr. Stalin said the 3% hike in DA would be granted with effect from July 1 this year. The hike would cost the exchequer a sum of ₹1,947.60 crore and would benefit over 16 lakh employees and pensioners.
The monthly pension granted by the State government to freedom fighters would be increased from ₹18,000 to ₹20,000 and the family pension would be revised from ₹9,000 to ₹10,000 from August 15.