Hike in DA from July 2013 to be decided in Cabinet Meeting on 20th September

Hike in DA from July 2013 to be decided in Cabinet Meeting on 20th September Ahead of the festive season, the UPA government is set to hike the dearness allowance (DA) of its employees by 10%, a move that will benefit almost 8 million people by boosting their purchasing power.  The Union cabinet will consider … Read more

Cabinet may approve 10% D.A. today

Cabinet may approve 10% D.A. today As per information available with us, cabinet may consider and approve 10% D.A. for central employees and pensioners with effect from 01.07.2013 today. With this possible hike, total D.A. payable will reach 90% of basic pay. Meanwhile, all trade unions are mounting pressure on the Govt. to merge 50% … Read more

Expected DA from Jan 2014 – AICPIN for the month of July 2013

Expected DA from Jan 2014 – AICPIN for the month of July 2013 Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013 According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred … Read more

New series of Consumer Price Index (Base for calculation of D.A) under preparation

 New series of Consumer Price Index (Base for calculation of D.A) under preparation: Ministry of Labour and Employment, Government of India has decided to prepare a new series of Consumer Price Index for Industrial Workers. For this purpose, Government has set up a Standing Tripartite Committee (STC) to advise the Government on issues pertaining to … Read more

Dearness Relief payable for the period August, 2013 to January, 2014 to surviving pre 1.1.1986 retirees of banks who are in receipt of Ex-gratia

Indian Banks’ Association   HR & INDUSTRIAL RELATIONS   No.CIR/HR&IR/76/D/G2/2013-14/7588 August 1, 2013   Designated Officers of all Nationalised Banks and Associate Banks of State Bank of India   Dear Sirs,   Dearness Relief payable for the period August, 2013 to January, 2014 to surviving pre 1.1.1986 retirees of banks who are in receipt of … Read more