Ahmedabad, Dec 4 (PTI) The Gujarat government on Wednesday increased the maximum limit of death-cum-retirement gratuity amount by 25 per cent for state government employees.

This decision was taken by Chief Minister Bhupendra Patel in the larger interest of state government employees, an official release stated.

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The employees are currently paid retirement and death gratuity within the maximum limit of Rs 20 lakh at the time of retirement. Now, they are entitled to get a gratuity up to Rs 25 lakh, which is on par with the Central government, it said.

This hike will be applicable with a retrospective effect from January 1, 2024.

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The state treasury will bear an additional Rs 53.13 crore burden every year due to the hike in the death-cum-retirement gratuity.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)