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Showing posts with label DA. Show all posts
Showing posts with label DA. Show all posts

Tuesday, May 1, 2012

The Govt may hike up more D.A. from July,2012 on the basis price index

New Delhi, May  1, 2012:   All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of March, 2012 increased by 2 points and stood at 201 (two hundred one).
During March, 2012, the index recorded maximum increase of 7 points each in Bhilwara,Vijaywada  and  Salem centres, 6 points each in Belgaum, Ajmer, Ghaziabad and Mundakkayam centres, 5 points in 3centres, 4 points in 6 centres, 3 points in 12 centres, 2 points in 19 centres and 1 point in 19 centres. The index decreased by 2 points in Tripura centre and 1 point each in Darjeeling, Sholapur and Puducherry centres, while in the remaining 8centres the index remained stationary.

Saturday, April 21, 2012

Rates of Dearness Allowance applicable w.e.f. 01.01.2012 to the employees of the Central Government and the Central Autonomous Bodies continuing to draw their pay in the pre revised scale as per 5th CPC

No. 1(3)/2008-E.II (B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
                                                    Dated: 20th April 2012
OFFICE MEMORANDUM
Subject:- Rates of Dearness Allowance applicable w.e.f. 01.01.2012 to the employees of the Central Government and the Central Autonomous Bodies continuing to draw their pay in the pre revised scale as per 5th CPC
            The undersigned is directed to refer to this Departments O.M. of even No. dated 17th October, 2011 revising the Dearness Allowance w.e.f. 1.7.2011 in respect of the employees of the Central Government and the Central Autonomous Bodies who continue to draw their pay and allowances in the pre-revised scales of pay as per 5th Central Pay Commission.
 2.         The rates of Dearness Allowance admissible to the above categories of employees of the Central Government and the Central Autonomous Bodies shall be enhanced from the existing rate of 127% to 139% w.e.f. 01.01.2012. All other conditions as laid down in the O.M. of even number dated 3rd October, 2008 will continue to apply.

Wednesday, April 4, 2012

Orders for hiking DA from 58% to 65% w.e.f 1st Jan 2012 issued

The Ministry of Finance has issued the order for enhancing Dearness Allowance from 58% to 65% with effect from 1st January 2012.
The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government Employees.
These orders shall also apply to the civilian employees paid from the Defence services estimates.
In regard to Armed forces personnel and Railway Employees separate orders will be issued by the Ministry of Defence and Ministry of Railways respectively.
In respect of Central Government Pensioners and family pensioners also separate orders will be issued by Government.

Monday, March 26, 2012

Release of additional instalment of Dearness Allowance and Dearness Relief

Press Information Bureau
Government of India
Ministry of Finance
23-March-2012 19:37 IST

Release of additional instalment of Dearness Allowance and Dearness Relief

The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.


The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.7474.53 crore per annum and Rs.8720.32 crore in the financial year 2012-13 (i.e. for a period of 14 months from January, 2012 to February, 2013).

Saturday, March 24, 2012

CABINET APPROVES 7% HIKE IN DEARNESS ALLOWANCE...

CABINET APPROVES 7% HIKE IN DEARNESS ALLOWANCE...

UNION CABINET APPROVED A PROPOSAL TO HIKE ADDITIONAL DEARNESS ALLOWANCE BY 7% FOR CENTRAL STAFF AND CENTRAL PENSIONERS...

THE CENTRAL GOVERNMENT ON FRIDAY APPROVED A SEVEN PER CENT HIKE IN DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS, THIS HIKE IS TO BE EFFECTIVE RETROSPECTIVELY FROM JAN 2012...

THE DEARNESS ALLOWANCE AND DEARNESS RELIEF FOR CENTRAL GOVERNMENT SERVING EMPLOYEES AND PENSIONERS WILL INCREASE FROM 58% PER CENT OF BASIC EMOLUMENTS TO 65% PER CENT WITH EFFECT FROM 1.1.2012.
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