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Bengal to borrow ₹4K cr for 25% DA pay to staff
The New Indian Express Hubballi
|June 23, 2025
The West Bengal government has started preparations to approach the market this week to borrow approximately ₹4,300 crore to pay the 25% Dearness Allowance (DA) to state government employees and pensioners, following a Supreme Court order issued on May 16.
The state requires around ₹10,425 crore to comply with the apex court's order by June 27; or else it may face contempt of court proceedings. On the contrary, complying with the order will push the state into a larger debt trap with a total outstanding debt of ₹7,06,531.61 crore, as per the revised budget estimate for 2024-25.
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