Six percent DA for SIDC, GIC employees

Shimla – The Meetings of Board of Directors of H.P. State Industrial Development Corporation, General Industries Corporation, H.P. State Handicrafts and Handloom Corporation Ltd. and H.P. Khadi and Village Industries Board was held here today under the Chairmanship of Mukesh Agnihotri, Industries Minister. While presiding over the 254^th meeting of BoD of State Industrial Development Corporation, Agnihotri announced Dearness Allowance of 6 per cent to the employees of State Industrial Development Corporation from 1^st January 2016. He said that apart from it, Good Performance Incentive would be provided to the employees of the Corporation at the rate of 8.33 per cent on basic pay, DA and Grade Pay(including statutory bonus) for the financial year 2015-16, to maximum Rs 25,000.

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