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06:07
Showing posts with label Dearness Allowances. Show all posts
Showing posts with label Dearness Allowances. Show all posts
Friday, 30 July 2021
Sunday, 26 April 2020
Pensioners
08:13
Dearness Allowance to Central Government Employees and Dearness Relief to Pensioners are Freeze till July 2021
Dearness Allowance to Central Government Employees and Dearness Relief to Pensioners are Freeze till July 2021
Friday, 25 October 2019
Wednesday, 9 October 2019
Pensioners
20:38
Additional 5% Dearness Allowances to Central Government Employees and Pensioners
Additional 5% Dearness Allowances to Central Government Employees and Pensioners
Cabinet approves 5% additional DA/DR due July, 2019
Posted On: 09 OCT 2019 2:40PM by PIB Delhi
The Union Cabinet Chaired by Prime Minister Narendra Modi today approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2019 representing an increase of 5% over the existing rate of 12% of the Basic pay/Pension, to compensate for price rise. This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs. 15909.35 crore per annum and Rs. 10606.20 crore in the financial year 2019-20 (for a period of 08 months from July, 2019 to February, 2020). This will benefit about 49.93 lakh Central Government employees and 65.26 lakh pensioners.
The additional financial implication on account of this increase in Dearness Allowance is estimated at Rs 8590.20 Crore per year; and Rs 5726.80 Crore in the current Financial Year of 2019-20 (for 8 months from July 2019 to February 2020).
The additional financial implication on account of the Dearness Relief to pensioners is estimated to be Rs 7319.15 Crore per annum and Rs 4870 Crore in the current FY.
Dear Allowance/Dearness Relief is paid to Central Government employees/pensioners to adjust the cost of living and to protect their basic pay/pension from erosion in the real value. Dear Allowance/Dearness Relief is revised twice a year from 1st January and 1st July.
Friday, 17 May 2019
Wednesday, 19 September 2018
Railway Employees News
08:36
Grant of Dearness Allowances to Railway Employees -Revised Rates
Grant of Dearness Allowances to Railway Employees -Revised Rates
GOVERNMENT OF INDIA (BHARAT SARKAR)
Ministry of Railways (Rail Mantralaya)
(Railway Board)
Ministry of Railways (Rail Mantralaya)
(Railway Board)
PC-VII No.- 116 RBE No.: 132/2018
File No. PC-VII/2016/117/2/1
New Delhi, dated: 10.09.2018
The General
Manager/CAOs(R),
All India Railways & Production Units,
(As per mailing list)
All India Railways & Production Units,
(As per mailing list)
Sub: – Grant of Dearness Allowance to Railway employees –
Revised Rates effective from 01.07.2018.The undersigned is
directed to refer to this Ministry’s letter RBE No 39/2018
dated 19.03.2018 (F. No. PC-VII/2016/I/7/2/1) on the subject mentioned
above and to say that the President is pleased to decide that the Deamess
Allowance payable to Railway employees shall be enhanced from the existing
rate of 7% to 9% of the basic pay with effect from 1st July, 2018.
2. The term ‘ basic pay’ in the revised pay structure means the pay drawn in
the prescribed Level in the Pay Matrix as per i 11 CPC recommendations
accepted by the Government, but does not include any other type of pay
like special pay, etc.
3. The Dearness Allowance will continue to be distinct element of remuneration and will not be treated as pay within the ambit of Rule 1303 (FR 9(21)), Indian Railway Establishment Code, Volume – II (Sixth Edition – 1987)- Second Reprint 2005.
4. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.
5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of September, 2018.
6. This issues with the concurrence of Finance Directorate of Ministry of Railways.
File No. PC-VII/2016/117/2/1
3. The Dearness Allowance will continue to be distinct element of remuneration and will not be treated as pay within the ambit of Rule 1303 (FR 9(21)), Indian Railway Establishment Code, Volume – II (Sixth Edition – 1987)- Second Reprint 2005.
4. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.
5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of September, 2018.
6. This issues with the concurrence of Finance Directorate of Ministry of Railways.
File No. PC-VII/2016/117/2/1
(S. Balachandrar lyer)
Executive Director, Pay Commissfun-11
Railway Board
New Delhi, dated: I 0 .09.2018
Executive Director, Pay Commissfun-11
Railway Board
New Delhi, dated: I 0 .09.2018
Thursday, 13 September 2018
Monday, 19 March 2018
Railway Board Orders
20:56
Grant of Dearness Allowance to Railway Employees-Revised
Grant of Dearness Allowance to Railway Employees-Revised
Railway Board -Ministry Of Railways
Source:Ministry of Railways
Saturday, 21 October 2017
Railway Pension
07:46
Grant Of Dearness Relief to Railway Pensioners/Family Pensioners-Revised Rate Effective from 01.07.17
Grant Of Dearness Relief to Railway Pensioners/Family Pensioners-Revised Rate Effective from 01.07.17
Source:Ministry Of Railways
Friday, 30 June 2017
seventh pay commission
07:12
Cabinet Committee has decided to implement the recommendations of 7th CPC on Transport Allowance without any change.
Cabinet Committee has decided to implement the recommendations of 7th CPC on Transport Allowance without any change.
In its official report, “For most of the allowances that were retained, the 7th CPC recommended a raise commensurate with inflation as reflected in the rates of Dearness Allowance (DA). Accordingly, fully DA-indexed allowances such as Transport Allowance were not given any raise. Allowances not indexed to DA were raised by a factor of 2.25 and the partially indexed ones by a factor of 1.5. The quantum of allowances paid as a percentage of pay was rationalised by a factor of 0.8.”
The existing rates are as under:
7th CPC recommended as follows:
Source:FNPO
Saturday, 8 April 2017
Dearness Allowances
10:36
DA from January 2017 for Central Government Employees – Orders issued by Finance Ministry
DA from January 2017 for Central Government Employees – Orders issued by Finance Ministry
No.1/3/2017-E-II(B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated the 30th March, 2017
Office Memorandum
Subject: Grant of Dearness Allowance to Central Government employees –
Revised Rates effective from 1/1/2017The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/2/2016-E-II(B) dated 4th November, 2016 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 2% to 4% of the basic pay with effect from 1st January, 2017.
2. The term ‘basic pay’ in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, etc.
3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR 9(21).
4.The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.
5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of March, 2017.
6. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.
7.In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.
sd/-
(Nirmala Dev)
Deputy Secretary to the Government of India
Source:URL
Monday, 27 March 2017
Retirement Benefits
07:03
Grant of TA/DA to Retired Railway Servants, re-engaged after retirement – RBE 24/2017
Grant of TA/DA to Retired Railway Servants, re-engaged after retirement – RBE 24/2017
Government of India/ Bharat Sarkar
Ministry of Railways/ Rail Mantralaya
(Railway Board)
RBE No. 24
No. F(E)I/2015/AL-28/58 New Delhi, dated 16.03.2017
General Managers,
All Indian Railways etc,
(As per Standard Mailing List)
Sub: Grant of TA/DA to retired Railway servants, re-engaged after retirement.
Ref: CORE, Allahabad’s letter No. CORE/E/1/19/ENGAGEMENT/PART-1 dated 09.10.2015.
A clarification had been sought by CORE, Allahabad regarding admissibility of Travelling Allowance/Daily Allowance to retired Railway servants re-engaged after retirement when they are sent on duty outside the station/headquarter for project / field works.
2. The matter has been considered by Board and it has been decided that the retired Railway servants re-engaged after retirement, when they are sent on duty outside the station/headquarter, may be ,paid, in addition to their usual daily wages/remuneration, daily allowance at the rate of 60% of the applicable Daily Allowance rate (as indicated in Board’s letter No. F(E)1/2008/AL-28/14, dated 01/12/2008, as modified from time to time corresponding to the pay drawn/post held by the retired Railway servant immediately prior to their retirement to meet out of pocket expenses. Such daily allowance will require the approval of SAG level officer.
3. Further, this will be subject to the other terms & condition as mentioned in chapter 16 of IREC Vol. II and will be regulated by the general/specific orders issued in this regard from time to time.
4. These orders shall take effect from 03/03/2017.
5. This disposes off CORE Allahabad’s letter No. CORE/E/1/19/ENGAGEMENT/ PART-I dated 09.10.2015.
6. Hindi version is enclosed.
7. Please acknowledge receipt.
Source:AIRF
Wednesday, 15 March 2017
seventh pay commission
21:10
7th Pay Commission: Cabinet approves additional 2% Dearness Allowance (DA) for Central Government employees
7th Pay Commission: Cabinet approves additional 2% Dearness Allowance (DA) for Central Government employees
NJCA convenor Shiv Gopal Mishra was expecting a hike of at least 3 per cent.
New Delhi, Mar 15: Union Cabinet, headed by Prime Minister Narendra Modi, has given the nod for additional 2 per cent increase in Dearness Allowance (DA) for Central Government employees. Along with DA, the Dearness Relief (DR) for pensioners has also been increased by 2 per cent with effect from January 1, 2017. Although the DA has been increased, Committee of Allowances headed by Finance Secretary Ashok Lavasa is yet to submit its report on other allowances, which were to be hiked following the implementation of 7th Pay Commission.
National Joint Council of Action (NJCA), the joint unions’ body leading the negotiation on behalf of Central Government employees, had urged the government to raise the DA by up to 4 per cent.
Reports, citing Finance Ministry sources earlier in the month, had claimed that DA would be hiked by 2 per cent. Dismissing the claim, NJCA convenor said, “The reports are absolutely baseless. The Dearness Allowance would be raised by at least 3 per cent. That is the least what employees deserve.”
K K N Kutty, President of the Confederation of Central Government Employees, had also expressed dissatisfaction over the speculation of mere 2 per cent DA hike, saying, “it would not be able to offset the real impact of price rise”.
Central Government employee have been awaiting the hike in allowances for over eight months. While the DA has been hiked, the decision on other allowances would be taken after Ashok Lavasa-led committee submits its report.
Although rumours slated April 1 as the date of allowance hike, it could be likely be delayed as Committee of Allowances has made no indication of submitting its final report within the next couple of days. Arjun Singh Meghwal, MoS, Finance, while answering a query in Lok Sabha on Friday, confirmed that Committee of Allowances has not submitted its report yet to the Finance Ministry.
Source:India.com
Sunday, 30 October 2016
salary revision
08:07
West Bengal pay panel seeks extension of one more year
West Bengal pay panel seeks extension of one more year
According to sources in Nabanna, Sarkar wrote to the Chief Minister and the state Finance Department seeking an extension of the eight-member Commission as hearing of many of the applications is yet to be completed.
Chief Minister Mamata Banerjee had announced the setting up of the Pay Commission on November 27 last year. Initially, the Commission was granted six months to file its report. Later, it was extended by another six months.
The Commission received around 1,100 applications including those from various government employees’ associations and intends to hear all the applicants before preparing the final report. Based on the report, the state government will decide on restructuring of the salary of its employees.
Besides, the Commission also has to examine policies including existing promotion policies, related aspects, benefits and allowances to the employees.
While the Commission report was pending, the Mamata Banerjee government announced an interim relief of 10 per cent on band pay to the state government employees.
The Chief Minister made the announcement soon after coming to power for the second term. The interim relief came into effect from July this year, for which the state government has allocated Rs 3,000 crore.
State government employees are eagerly waiting for the revision in their pay structure as there is a difference in the dearness allowance paid to them and the Central government employees.
Source:Sapost
Railway Employees News
07:50
Railway Unions demand 3% DA hike
Railway Unions demand 3% DA hike
New Delhi: Expressing “dissatisfaction” over over the announcement of 2 per cent increase in dearness allowance by the government, railway unions have demanded it be raised to 3 per cent.
We have expressed dissatisfaction over the announcement of a meagre 2 per cent rise in DA by the Central government from July 1, 2016, National Federation of Indian Railwaymen M Raghavaiah said.
Ahead of Diwali, the Centre has announced 2 per cent dearness allowance for Central government employees effective from July.
“Central government employees and pensioners have been waiting eagerly for the announcement of DA since September 2016. But we are disappointed that the government has announced only 2 per cent whereas the 12-month average of Consumer Price Index for Industrial Workers from 1 July 2015 to 30 June 2016, works out to be 2.92 per cent,” Raghavaiah said and added “The Government ought to have been considerate in announcing this half-yearly hike in DA and rounded off to 3 per cent.”
All India Railwaymen Federation General Secretary S Gopal Mishra said 2 per cent DA is not satisfactory and it should be raised to 3 per cent.
Thursday, 27 October 2016
Pensioners
19:35
Centre announces 2% hike in dearness allowance for staff, pensioners
Centre announces 2% hike in dearness allowance for staff, pensioners
NEW DELHI: For about 50 lakh central employees and 58 lakh pensioners Diwali has come early. The Centre has announced 2% dearness allowance (DA) which will be effective from July 1, 2016.
The decision was taken at the Union Cabinet meeting on Thursday.
Dearness allowance and dearness relief are provided to employees and pensioners to neutralise the impact of inflation on their earnings.
Earlier this year, the government hiked DA by 6% to 125% of basic pay. The DA was later merged into the basic pay following the implementation of the 7th Pay Commission award.
As per an agreed upon formula, the government increases DA on the basis of the 12-month average of retail inflation. It doesn't consider the price rise rate beyond a decimal point for deciding the rate of the dearness allowance.
Source:TOI
Thursday, 11 August 2016
seventh pay commission
07:42
Cabinet to decide on allowances under Pay Commission: Arun Jaitley
Cabinet to decide on allowances under Pay Commission: Arun Jaitley
NEW DELHI: The Union Cabinet will take a decision on the suggestions of a special committee which has been set up to look into the provision of allowances under the 7th Central Pay Commission recommendations, Finance Minister Arun Jaitley said today.
Replying to a question on the pay commission in Rajya Sabha, the minister said the government has decided that the recommendations on allowances, other than dearness allowance, will be examined by a committee headed by Finance Secretary as Chairman and Secretaries of Home Affairs, Defence, Health and Family Welfare among others as its members.
He said that the government has decided that recommendations on allowances, other than dearness allowance, will be examined by a committee.
He said that the government has decided that recommendations on allowances, other than dearness allowance, will be examined by a committee.
The committee, which was constituted on July 22, has been asked to submit its report within four months. Its first meeting took place on August 4.
“As far as allowances are concerned, 51 have been abolished while 37 have been subsumed. As the measures are radical in nature, even the employees’ unions have given their suggestions in the matter and therefore a special committee has been formed to look into it. Whatever the committee decides, it will go to the Cabinet,” Jaitley said.
The matters relating to pay and pension as decided by the government have been implemented with effect from January one this year.
Source:Govemployees
Friday, 8 July 2016
seventh pay commission
07:42
7TH CPC REPORT & NDA GOVERNMENT
7TH CPC REPORT & NDA GOVERNMENT
M. Krishnan, Secretary General,
Confederation of C. G. Employees & Workers
Report of the 7th Central Pay Commission (CPC) headed by Retired Supreme Court Justice, Ashok Kumar Mathur was submitted to Government on 19th November 2015 after 21 months. The Union Cabinet announced its decision to implement the recommendations on 29th June 2016. Through the press release circulated to media and the statement of Finance Minister, the Government made a calculated move to create an impression among the public that the Modi Government is magnanimous enough to extend big bonanza to the Central Government employees. Eventhough, immediately after submission of the 7th CPC report, the Joint Council of Action of Central Government Employees (NJCA) representing Railways, Defence and Confederation including Postal had submitted a memorandum to Government demanding modifications of the retrograde recommendations of the 7th CPC, the Government while announcing its decision, rejected all the demands raised by the staff side.
The 7th CPC recommended only Rs.18000/- as minimum pay by arbitrarily modifying and manipulating Dr. Aykroyd’s Need based minimum wage formula on untenable premises and incorrect data. The main demand of the NJCA is to re-compute the minimum wage on the basis of actual commodity prices as on 01.07.2015 and factor Dr. Aykroyd formula stipulated percentage for housing, social obligations and children’s education etc. and to revise the fitment formula and all pay scales on the basis of the so determined minimum wage. The methodology adopted by 7th CPC is irrational, imaginary and even absurd.
The Government’s claim that big increase is given to the employees is totally false. In para 4.2.9 of the report, the 7th CPC has given a table depicting the percentage of increase provided by the successive pay commissions appointed after independence. According to the table, the 2nd CPC has made a paltry increase of 14.2.% (1960), the 3rd CPC gave a rise of 20.6% (1973), the 4th CPC 27.6% (1986), the 5th CPC 31% (1996) and 6th CPC 54% (2006) whereas the average increase granted by 7th CPC is only 14.29% (2016), while the percentage increase had been in ascending order all along, the 7th CPC has sought to reverse that trend. The megre increase recommended and accepted by the Government without any change is the worst ever any pay commission has recommended since 1960. In 1960 five days historic strike of entire Central Government employees took lace demanding modifications of 2nd CPC recommendations.
Another claim of the Government is that it has accepted the recommendations of the 7th CPC to increase the existing salary by 2.57 times !!!. This is a totally misleading propaganda. The existing basic pay of a lowest level employee of the Central Government called Multi-Tasking staff (MTS) is 7000 plus 125% Dearness Allowance as on 01.01.2016. Thus the total salary as on 1st January 2016 is 7000 + 8750 DA = 15750. The Minimum pay recommended by 7th CPC is 18000 i.e; the actual increase in salary is Rs. 2250/- only at the lowest level. The fitment factor of 2.57 is worked out excluding the 125% DA an employee is getting at present. As the next wage revision takes place only after ten years in 2026, the above increase of 2250/- in the salary is megre.
In the past, every time, either before or immediately after the appointment of pay commissions, the employees are granted DA merger, Last time, before appointment of 6th CPC, Government has granted merger of 50% DA in 2004 and the merged DA is treated as Pay for all purposes. This time no DA merger is granted. Suppose, as in the past, the Government has accepted the demand for merger of 50% DA as on 01.01.2011 when DA crossed 50%, the total salary of an employee at the lowest level as on 01.01.2016 will become Rs.18395/- (7000 + 50% DA 3500 = 10500 + remaining 75% DA as on 01.01.2016 Rs.7875 = 18395). Thus it can be seen that even if no pay commission is appointed by Government, simply by granting DA merger alone the lowest level salary will become more than 18000/- which is recommended by 7th CPC after 21 months study and spending crores of rupees for its functioning.
The Government’s press release further claim that the ratio between lowest and highest salary (compression ratio) is 1:3.12. The highest level employees are Cabinet Secretary and Secretaries of various departments. The recommended salary of the Cabinet Secretary is 2,50000. Government deliberately avoided comparison between salary of lowest employee and highest level employee, instead compared with middle level Class-I officer only. Actual ratio between the lowest and highest salary come to 1:14 (18000:2,50000). No other pay commission has recommended such a huge margin.
Other retrograde recommendations of the 7th CPC are as follows:
Source:centralgovernmentorders.com
Wednesday, 1 June 2016
Finance Ministry
20:04
AICPIN for APRIL 2016 and expected DA in July 2016
AICPIN for APRIL 2016 and expected DA in July 2016
Government has announced
AICPIN for the month of April 2016 and DA calculations has started emerging out
of these calculations. It is evident that January 2016 DA has already been
taken into account by 7th CPC. July 2016 DA would be the first DA which employees
will get after the implementation of 7th Pay Commission.
DA from July 2016 set to increase by 6% or
7% on the basis of All India Consumer Price Index (Industrial Workers) with
base year 2001=100, which has been recommended to be retained by 7th Pay Commission
for calculation of Dearness Allowance
DA from July 2016 – An
analysis – Labour Bureau,
Govt of India has released the Consumer Price Index (IW) for the month of April
2016 yesterday.
Having actual All India
Consumer price index for 10 months in hand, out of AICPI-IW needed for
calculation of DA, an attempt has been made here to estimate the said DA from
July 2016.
This DA estimation is
based on Consumer Price Index (IW) with the base year 2001=100 which is being
followed presently for calculation of Dearness Allowance applicable for Central
Government Employees, Defence personnel and Pensioners.
7th Pay Commission has
also recommended that the same consumer price Index could be retained for
granting Dearness Allowance.
Here is the extract of
analysis and recommendations of 7th Pay Commission relating to Dearness
Allowance
“The VICPC had recommended that the National Statistical
Commission may be asked to explore the possibility of a specific survey
covering government employees exclusively, so as to construct a consumption
basked representative of government employees and formulate a separate index.
This has, however, not been done.
Keeping
in mind that the present formulation of DA has worked well over the years, and
there are no demands for its alteration, the Commission recommends continuance of
the existing formula and methodology for calculating the Dearness Allowance.”
Hence, it is assumed that CPI-IW with the base year 2001=100 would be followed with effect from January 2016 on implementation of 7th Pay commission report as far as Dearness Allowance is concerned. In that case, after merger of DA of 125% with Basic Pay, DA from January 2016 would be calculated as 0%.
CPI-IW from July 2015 to April 2016
Month Actual AICPI-IW
July-2015 263
Aug-2015 264
Sep-2015 266
Oct-2015 269
Nov-2015 270
Dec-2015 269
Jan-2016 269
Feb-2016 267
Mar-2016 268
Apr-2016 271
May-2016 yet to be released
Jun-2016 yet to be released
Scenario 1: Possibility of increase in DA from July 2016 working out to be less than 6%
Possibility of increase in DA from July 2016 working out to be less than 6% is very remote due to the fact that the index should be getting reduced by at least 4 points in any one of the coming two months from the previous month and further reduction of at least 3 points in the other month.
In other words index for May 2016 should be getting reduced by 4 points to 267 and also witness further reduction by 3 points to 264, for increase in DA from July 2016 less than 6%. If index for May 2016 registers not more than 3 point reduction then index for June 2016 has to reduce at least by 4 points in order get the less than 6% increase in DA from July 2016
Calculation of DA from July 2016 based on CPI(IW) from July 2015 to June 2016
DA from July 2016 =[(263+264+266+269+270+269+269+267+268+271+267@+264@)-115.76]X100/115.76
=130% (5% increase in DA from July 2016)
@ Assumed CPI(IW) for May 2016 and June 2016
DA from July 2016 =[(263+264+266+269+270+269+269+267+268+271+268@+264@)-115.76]X100/115.76
=130%-125% (5% increase in DA from July 2016)
@ Assumed CPI(IW) for May 2016 and June 2016
Scenario 2: Possibility of increase in DA from July 2016 working out to be 6%
Even if index gets lower by 3 points during both of these months compared to previous month, viz., May 2016 registers 3 point reduction from April and further three point reduction in June 2016 compared to May 2016, increase in DA from July 2016 will be 6%.
DA from July 2016 =[(263+264+266+269+270+269+269+267+268+271+268@+265@)-115.76]X100/115.76
=131% -125% (6% increase in DA from July 2016)
@ Assumed CPI(IW) for May 2016 and June 2016
We are of the opinion that increase in DA from July 2016 registering at least 6% is quite possible as chances for CPI (IW) getting reduced to less than 265 from the present level 271 in two months is very remote.
Scenario 3: Possibility of increase in DA from July 2016 working out to be 7%
If CPI (IW) gets increased at least by 2 points in any one of the coming two months and by 1 point increase in the other month compared to previous month, then DA from July 2016 will be poised for an increase of 7%.
In other words, if consumer price index for May 2016 and June 2016 witnesses at least 2 point increase and further 1 point increase respectively or vice versa, increase in DA from July 2016 is calculated to be 7%
DA from July 2016 =[(263+264+266+269+270+269+269+267+268+271+273@+274@)-115.76]X100/115.76
=132% -125% (7% increase in DA from July 2016)
@ Assumed CPI(IW) for May 2016 and June 2016
DA from July 2016 =[(263+264+266+269+270+269+269+267+268+271+272@+273@)-115.76]X100/115.76
=132% -125% (7% increase in DA from July 2016)
@ Assumed CPI(IW) for May 2016 and June 2016
Considering the inflationary trend shown by 3 point increase in April 2016, this scenario may become a reality. In that case DA from July 2016 will be 7%
Scenario 4: Possibility of increase in DA from July 2016 working out more than 7%
In order to get an increase in DA from July 2016 more than 7%, CPI(IW) for both May 2016 and June 2016 should witness at least 7 point increase from the present level of 271. If any one of this month registers lesser increase than 7 points then the other month has to compensate the same by registering increase of index by more than 7 points.
It is apparent that possibility for such an increase in CPI(IW) is not at all Possible. Hence we can conclude that increase in DA from July 2016 may not be more than 7%
Source:Govemployees
Wednesday, 27 April 2016
Pensioners
22:03
Karnataka DA 119% to 125% basic pay w.e.f. 1st January 2016
Karnataka DA 119% to 125% basic pay w.e.f. 1st January 2016
PROCEEDINGS OF THE GOVERNMENT OF KARNATAKA
sub: Dearness Allowance to Teaching Staff on UGC/AICTE/ICAR scales of pay and judicial officers/pensioners on NJPC pay scales – Revision of rates.
GOVERNMENT ORDER NO.FD 18 SRP 2016,
BANGALORE, DATED 18TH APRIL 2016
Government are pleased to sanction increase in the rates of Dearness Allowance to Teaching Staff who are on UGC/AICTE/ICAR scales of pay and to judicial officers on NJPC pay scales from the existing 119% to 125% of the basic pay with effect from 1st January 2016.
2. For the purpose of this order, the term “Basic Pay” means, the pay drawn by a Government employee in the UGC/AICTE/ICAR and NJPC scales of pay applicable to the post held by him.
3. Basic pay shall not include any other emolluments.
4. Government are also pleased to sanction increase in the rates of Dearness Allowance to NJPC Pensioners/Family Pensioners from the existing 119% to 125% of the basic pension/family pension with effect from 1st January 2016.
5. The increase in Dearness Allowance admissible under this order is payable in cash until further orders.
6. The payment on account of Dearness Allowance involving fractions of 50 paise and above shall be rounded off to the next rupee and fractions less than 50 Paise shall be ignored.
7. The Dearness Allowance will be shown as a distinct element of remuneration and will not be treated as pay for any purpose.
BY ORDER AND IN THE NAME OF THE
GOVERNOR OF KARNATAKA
(K.S.Rajalakshmi)
Under Secretary to Government, Finance Department (services-2)
