Central Government Employee News 2013 Dearness Allowance To 90 Per cent
Govt likely to announce 10% DA
The government is likely to announce a hike in dearness
allowance to 90 per cent from existing 80 per cent in September, benefiting
about 50 lakh central employees and 30 lakh pensioners ahead of the festival
season.
the preliminary assessment suggests that dearness allowance
hike will be in the range of 10-11 per cent and would be effective from July 1
this year.
He said the exact number could be calculated only when the revised all India Consumer Price Index for Industrial Workers (CPI-IW) for the month of June will be released on August 30.
He said the exact number could be calculated only when the revised all India Consumer Price Index for Industrial Workers (CPI-IW) for the month of June will be released on August 30.
Confederation of Central Government Employees Secretary
General K K N Kutty told—
It would be around 10 per cent this time and would be
announced in September.
As per the practise, the DA is merged with basic pay when it
breaches the 50 per cent mark. DA merger helps employees as their other
allowances are paid as a proportion of basic pay.
There would be a double digit hike in DA after about three
years.
It was last in September, 2010 that the government had announced a hike
of 10 per cent to be given with effect from July 1, 2010.
DA was hiked to 80 per cent from 72 per cent in April, 2013, effective from January 1, this year.
DA was hiked to 80 per cent from 72 per cent in April, 2013, effective from January 1, this year.
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