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Dearness Allowance hiked by 2 per cent for central government employees, pensioners: Indian Express News Dearness allowance is provided to employees and pensioners to minimise the impact of price rise on their earnings. The Cabinet on Thursday approved 2 per cent hike in Dearness Allowance (DA) for central government employees and pensioners, effective from July 1, 2016. The proposal to hike the DA was approved during the Cabinet meeting today afternoon at the Prime Minister’s Office. The announcement, which comes ahead of Diwali, is set to bring cheer to around 50 lakh central government employees and 58 lakh pensioners in the country. Dearness allowance is provided to employees and pensioners to minimise the impact of price rise on their earnings. Earlier this year, the government hiked dearness allowance by 6% to 125 % of the basic pay. It was later merged into the basic pay, based on the recommendation of the 7th Pay Commission Panel. Read at: Indian Ex...

Payment of Dearness Allowance to Central Government employees - Revised  Rates effective from 1.1.2016. No. 111/2016-E-ll (B) Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated the 7th 'April, 2016. OFFICE MEMORANDUM Subject: Payment of Dearness Allowance to Central Government employees - Revised  Rates effective from 1.1.2016. The undersigned is directed to refer to this Ministry‘s Office Memorandum No. 1/3/2015-E-ll (B) dated 23rd September, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 119% to 125% with effect from 1st January, 2016. 2. The provisions containedin paras 3, 4 and 5 of this Ministry’s OM. No. 1-(3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders. 3. The add...

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.01.2016. This represents an increase of 6 percent over the existing rate of 119 percent of the Basic Pay/Pension, to compensate for price rise. This will benefit about 50 lakh Government employees and 58 lakh pensioners. The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of Rs. 6796.50 crore per annum and Rs.7929.24 crore respectively, in the financial year 2016-17 (for a period of 14 months from January, 2016 to February, 20...

No. 1/3/2015-E-II (B) Government of India Ministry of Finance Department of Expenditure North Block New Delhi Dated the 23rd September, 2015. OFFICE MEMORANDUM Subject: Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.7.2015. The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/2/2015-13-11 (B) dated rot" April, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 113% to 119% with effect from 1st July, 2015. 2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders. 3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Governme...

NEW DELHI: Good news for central government employees. The Union Cabinet on Wednesday cleared a proposal to increase dearness allowance (DA) to 119% from 113%, which will potentially benefit over one crore government employees and pensioners.  The proposal to increase DA by six percentage points was taken at a meeting by the Union Cabinet.  DA is paid as proportion of the basic pay.  Earlier in April, the government had hiked DA by 6% to 113% of their basic pay with effect from January.  The proposed DA hike will take effect from July 1. As per the agreed formula, the DA rate increase is an average of 12-month consumer price index-industrial workers from July 1, 2014 to June 30, 2015.  The proposed hike is in accordance with the accepted formula based on the recommendations of the 6th pay commission, which will benefit 48 lakh government employees and 55 lakh pensioners.  Last month, the Cabinet had given approval for the extension...

The Cabinet is likely to consider tomorrow a proposal to increase dearness allowance to 119 per cent from 113 per cent, which if cleared will potentially benefit over one crore government employees and pensioners. "The proposal to increase dearness allowance by six percentage points to 119 per cent is likely to be taken up by the Cabinet tomorrow," a source said.Earlier in April, the government had hiked DA by 6 per cent to 113 per cent of their basic pay with effect from January. DA is paid as proportion of the basic pay. The proposed DA hike will take effect from July 1. As per the agreed formula, the DA rate increase is an average of 12-month consumer price index-industrial workers from July 1, 2014 to June 30, 2015. The proposed hike is in accordance with the accepted formula based on the recommendations of the 6th Pay Commission, which will benefit 48 lakh government employees and 55 lakh pensioners. However, president of Confederation of Central Govern...

AICPIN For The Month Of June 2015 – Expected DA July 2015 Finalized 3 Points increased and pegged at 261. As per the press release of Labour Bureau today, the All India Consumer Price Index (IW) is increased by three points from the existing level and stands at 261. So, ‘Expected DA from July 2015′ is finalized as hike by 6%.

Expected DA from January 2015 WILL BE 113 % (6%INCREASE) The All-India CPI-IW for November, 2014 remained stationary at 253 (two hundred and fifty three). In the coming months, if the AICPIN value remains at 253 or 1 to 4 point increase or decrease based (249 to 257) then we may get up to 6% DA increase i.e. 113%.below 249 for example (incase 248) 5 point decrease only get 5% DA For more Information :  http://www.govtempdiary.com/2015/01/expected-da-dr-jan-2015/

F. No. 1/212014-E.II (B) Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated: 18th September, 2014. OFFICE MEMORANDUM Subject : Payment of Dearness Allowance to Central Government employees­ Revised Rates effective from 01.07.2014.        The undersigned is directed to refer to this Ministry's Office Memorandum No. 1I112014-E.II(B) dated 27th March, 2014 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 100% to 107% with effect from I"July, 2014. 2. The provisions contained in paras 3, 4 and 5 of this Ministry's O.M. No.  1(3)/2008-E.II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders. 3. The additional installment of Dearness Allowance payable under these or...

Expected Dearness Allowance from January 2015: GServant Article As  all of us  expected,  7% DA hike has been approved by Cabinet on 4th September 2014 . Necessary order for payment of DA with effect from 1st July 2014 will be issued by Ministry of Finance soon. Here after our  focus  will be moving on to next installment of dearness allowance which will be paid from 1st January 2015. We just analyse the trend of  Consumer Price Index  with the past seven months  AICPIN to arrive the expected DA from January 2015 [click here to view] . Since 2006, the AICPIN has witnessed second highest ever increase in July 2014. In 2009 the  AICPIN increased by 7 points from 153 to 160 in the month of July . After that, an increase of 6 points over 246 points was declared in July 2014. It is the second highest  monthly  increase on AICPIN records from 2006. See  the table  below… Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct No...

Govt to increase dearness allowance to 107 p.c The Government is likely to approve a hike in dearness allowance (DA) to 107 per cent from the existing 100 per cent, benefiting around 30 lakh Centre’s employees and its 50 lakh pensioners including dependents. “The average rate of retail inflation for industrial workers from July 1, 2013 to June 30, 2014 works out to be 7.25 per cent. Thus the Central government will hike dearness allowance for it employees by 7 per cent,” an official said. He said the Finance Ministry will now put a Cabinet proposal for approval of 7 per cent DA hike from July 1 this year as the revised Consumer Price Index-Industrial Workers data for June was released by Labour Ministry on Saturday. With increase in DA, the pensioners will also gain as the benefit provided to them as dearness relief will be hiked to 107 per cent of basic pay. The previous UPA government had increased DA to 100 per cent from 90 per cent with effect from January 1, ...

Rates of Dearness Allowance DA & DR ORDERS - EXPECTED DA STATUS Effective Dates Additional DA Total DA DA Orders DR Orders 5th CPC 1.1.2006 0 - DA /DR 1.7.2006 2% 2% 29.08.2008 DA /DR 1.1.2007 4% 6% 29.08.2008 DA /DR 1.7.2007 3% 9% 29.08.2008 DA /DR 1.1.2008 3% 12% 29.08.2008 DA /DR 1.7.2008 4% 16% 29.08.2008 DA/ DR 1.1.2009 6% 22% 13.03.2009 27.03.2009 DA/ DR 1.7.2009 5% 27% 18.09.2009 29.09.2009 DA / DR 1.1.2010 8% 35% 26.03.2010 31.03.2010 DA/ DR 1.7.2010 10% 45% 22.09.2010 29.09.2010 DA /DR 1.1.2011 6% 51% 24.03.2011 29.03.2011 DA / DR 1.7.2011 7% 58% 03.09.2011 05.10.2011 DA/ DR 1.1.2012 7% 65% 03.04.2012 04.04.2012 DA /DR 1.7.2012 7% 72% 28.09.2012 25.10.2012 DA /DR 1.1.2013 8% 80% 25.04.2013 02.05.2013 DA / DR 1.7.2013 10% 90% 25.09.2013 03.10.2013 DA / DR 1.1.2014 10% 100% 27.03.2014 09.04.2014 DA/ DR EXPECTED DA JUL 14 - JANUARY STATUS EXPECTED DA JUL 14 - FEBRUARY STATUS EXPECTED DA JUL 14 - MARCH STATUS EXPECTED DA JUL 14 - APRIL STATUS ...

HOW MUCH DA WILL GET FROM JULY 2014? AICPIN Value: The value of  AICPIN  was released some days ago.  It is found to be higher by two points and now it stands at 244. In order to correctly  calculate the DA  that we will get next month, we need the value of the AICPIN for one more month.  Percentage of DA:  In our previous article, titled “Expected DA July 2014,”  we had written that the DA may increase by 6% However, the value of the AICPIN for the past two months has increased more than expected. If the AICPIN value increases or decreases or remains the same,  the value of the DA% may increase up to 107% . A timetable about possible DA increase has been provided below.   CALCULATION FOR DA IF AICPIN IS 243 EXPECTED DA FROM JULY 2014 CALCULATION FOR DA IF AICPIN IS 244 EXPECTED DA FROM JULY 2014 CALCULATION FOR DA IF AICPIN IS 245 EXPECTED DA FROM JULY 2014