Thursday, April 18, 2013

Media report hints Central D.A. hike today

Flash News : Central D.A. approved by cabinet
The Union Cabinet is likely to approve a proposal to increase dearness allowance (DA) of central government employees by 8% on Thursday.
The move to increase D.A. from 72% to 80% will benefit around 50 lakh employees and 30 lakh pensioners of the central government.
"The Union Cabinet may consider the finance ministry proposal to increase DA in its meeting scheduled for Thursday," a source said, adding the hike would be effective from January 1, 2013 and employees and pensioners would be entitled to arrears.
The government had raised DA to 72% in September last year, which had come into effect from July 1, 2012.
As per usual practice, DA is merged with basic pay when it breaches the 50% cap. This helps employees get higher allowances as those are paid as proportion of the basic pay.

Source : Times of India
Click here to view ZEE news report
Click here to view NDTV report

1 comment :

Arjun K.Vij said...

After all the government has announced DA for central government employees @ 8% w.e.f.1.1.2013. It seems that it has become only ritual for the government to announce very insufficient money in shape of DA. I further ask Mr.Kutty Secretary General that is 8% DA sufficient for Government pensioners. It may be to the extent satisfy the government employees but what about low paid pensioners. You should also see the plight of poor and hapless pensioners. The government should immediately announce 50% merger of DA. It may give some relief to pensioners who are already reeling under highly inflationary trends. The major portion of their pension is spent on Medical and transport.

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