No.1(2)/2011 – E-II(B) Government of India Ministry of Finance Department of Expenditure —— New Delhi, the 24th March, 2011. OFFICE MEMORANDUM Subject: Payment of Dearness Allowance to Central Government Employees – Revised Rates effectives from 1.1.2011. —————- The undersigned is directed to refer to this Ministry’s office Memorandum No. 1(6)/2010-E-II(B) Dated 22nd September, 2010 on […]
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.
Cabinet set to raise DA by 6% today Nearly 50 lakh central government employees and 38 lakh pensioners can look forward to a 6% increase in their dearness allowance with the Union Cabinet scheduled to consider the proposal on Tuesday. If the move is approved, the dearness allowance, which is linked to the consumer price […]
Dearness Allowance Percentage Overview for Central Government Employees All of us waiting for Dearness allowance percentage for January 2011, as per AICPIN calculation, we are going to get 6% Dearness allowance from January 2011. Let us see the past Dearness allowance percentage for Central Government Employees. Here is the DA Table from 1.1.1996 to 1.1.2004 […]
Expected DA from Jan 2011 The central government employees received 10% DA in addition to 35% earlier,which now stands at 45%.They got the payment as two months arrears for July and August.The DA for September was calculated in their regular monthly payments.Through this hike employees got an increase of Rs700 to Rs900 in their monthly salaries. There […]
All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of September, 2010 All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of September, 2010 increased by 1 point and stood at 179 (one hundred and seventy nine). During September, 2010, the index […]