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 […]
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Ministry of Labour & Employment Government Approves Labour and Employment Ministry Proposal to Accept The Recommendations of the Wage Boards Headed by Justice Majithia The Central Government has approved the proposal of the Ministry of Labour& Employment to accept the recommendations of the Wage Boards headed by Justice Majithia for revision of wages and allowances […]
Government of India Ministry of Railways (Railway Board) S.No.PC-VI/277 No. PC-VI/2008/1/7/2/1 RBE No.137/2011 New Delhi, dated 05.10.2011 The GMs/CAO(R), All Indian Railways & Production Units (as per mailing list) Sub: Payment of Dearness Allowance to Railway employees – Revised rates effective from 01.07.2011. Please refer to this Ministry’s letter of even number dated 25.03.2011 (S.No.PC-VI/251, […]
Dearness allowance link brings retail inflation figures under cloud There could be a systemic over-estimation of the retail inflation as measured by the consumer price index for industrial workers, or CPI-IW, as it forms the basis for revision in the dearness allowance of central government employees. This retail measure of inflation has generally shown a […]
Expected da from July 2011 We feel features, expectations and calculations are on the forefront for most of the central government employees regarding the additional Dearness Allowance from July, 2011 to be announced soon. There will be no change in the 7% DA unless a huge change takes place in the month of June AICPIN […]
Haryana Finance Minister Ajay Singh Yadav today announced to enhance the rate of Dearness Allowance (DA) payable to the State Government employees from existing 45 to 51 per cent and it would be given in cash with effect from January 1, 2011. Yadav said an increase of six per cent has been made in the […]
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.