Aicpin for the month of January 2015

Feedback of JCM Staff Side Meeting with the Chairman, 7th CPC – 25/02/2015

HOT NEWS

Minutes of the meeting of the Standing Committee held on 7th May, 2014

Meeting to be held on 25/2/2015 under the Chairmanship of Secretary (P)

NFIR’s 55-Point Charter of Demands

Meeting with Seventh Pay Commission on 25.02.2015

Implementation of One Rank One Pension Scheme-Rajya Sabha latest reply

GUIDELINES FOR ADMISSION IN KENDRIYA VIDYALAYAS 2014-15.

Bank wage revision settled at 15% w.e.f 1.11.2012-Minutes signed on 23rd February 2015

Central government employees are likely to get 6% DA w.e.f January 2015

Govt approves 6% hike in DA

The government today increased dearness allowance (DA) by 6 per cent to 51 per cent, benefiting over 50 lakh central government employees and 38 lakh pensioners.

“The decision to hike DA was taken by the Union Cabinet at its meeting here,” a Union minister said.

The combined impact of the hike will be Rs 5,715.90 crore per annum. However in the next financial year, the burden on the exchequer would be Rs 6,668.52 crore after the additional 6 per cent DA payout is factored in from January 1 to March 31 this year.

The increased DA, which will be effective from January 1, is provided to government staff and pensioners to compensate them for rising prices.

Presently, the DA is paid at 45 per cent of basic pay.The increase in DA by 6 per cent would be in accordance withthe formula prescribed by the Sixth Pay Commission for central government employees.

For advance and allowances click the link below:-

http://www.govtempdiary.com/2011/03/the-table-of-allowances-and-advances-that-would-be-automatically-raised-by-25-every-time-the-dearness-allowance-on-the-revised-pay-structure-goes-up-by-50/

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