Monday, September 1, 2014

Central Government likely to approve 7% additional DA

Central Government likely to approve 7% additional DA


Government to increase dearness allowance to 107%

The Government is likely to approve a hike in dearness allowance (DA) to 107 per cent from the existing 100 per cent, benefiting around 30 lakh Centre’s employees and its 50 lakh pensioners including dependents.

“The average rate of retail inflation for industrial workers from July 1, 2013 to June 30, 2014 works out to be 7.25 per cent. Thus the Central government will hike dearness allowance for it employees by 7 per cent,” an official said.

He said the Finance Ministry will now put a Cabinet proposal for approval of 7 per cent DA hike from July 1 this year as the revised Consumer Price Index-Industrial Workers data for June was released by Labour Ministry on Saturday.

With increase in DA, the pensioners will also gain as the benefit provided to them as dearness relief will be hiked to 107 per cent of basic pay.

The previous UPA government had increased DA to 100 per cent from 90 per cent with effect from January 1, 2014, on February 28 on the basis of agreed formula for revision of the allowance.

However, the central government employees’ union is not very enthused by the 7 per cent hike in the dearness allowance as their long pending demand of merger of DA with basic pay has not been given heed by 7th Pay Commission and the government.

“The erosion of value of wages is unbearable at 50 per cent dearness allowance. Now it will be 107 per cent. It is high time to merge DA with basic pay to provide relief to employees,” Confederation of Central Government Employees’ President KKN Kutty told PTI.

“We had summited our memorandum in this regard to 7th Pay Commission. They forwarded it to Central Government. We have apprised about the issue to the newly elected NDA government.

But no decision has been taken so far,” he said.

With merger of DA with basic pay, the salary and allowances paid in proportion of basic pay are increased. As per earlier practise DA was merged with basic pay once it breached 50 per cent mark. But the 6th Pay Commission has disallowed that.

Source : The Hindu
[http://www.thehindu.com/news/national/govt-to-increase-dearness-allowance-to-107-from-100/article6366781.ece]

Cabinet hikes DA to 100%, salary may increase by 30%

Cabinet hikes DA to 100%, salary may increase by 30%

NEW DELHI: The Union Cabinet on Friday raised dearness allowance to 100% from 90%, benefiting 50 lakh employees and 30 lakh pensioners.

The government has also cleared the way for merger of 50% DA with basic pay by approving it among the terms of reference of the 7th Pay Commission. An official said now the commission can suggest the merger in its interim report.

He added that 50% DA merger with basic pay will roughly increase the gross salaries of central government employees by around 30%.

The Cabinet approved the proposal to release an additional installment of DA and dearness relief (DR) to pensioners with effect from January 1, 2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10% increase over the existing rate of 90%, said an official statement.
Central government employees as well as pensioners are entitled for DA/DR at the rate of 100 per cent of the basic with effect from January 1, 2014, it said.

The government has estimated that the combined impact on exchequer on account of both DA and DR would be Rs 11,074.80 crore every year.

Source: TOI
[http://timesofindia.indiatimes.com/india/Cabinet-hikes-DA-to-100-salary-may-increase-by-30/articleshow/31190916.cms]

Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees

Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. F(E)III/2014/PF/3/3
NEW DELHI, Dated: 27.08.2014
The General Secretary,
NFIR,
3, Chelmsford Road,
New Delhi-110055.

Dear Sir,
Sub: Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees – reg.

Ref: (i) Item No: 8/2014-PNM/NFIR
(ii) NFIR’s letter No.1/3/Pt.1 dated 25.10.2013

Kindly refer to the Agenda item No. 8/2014 for PNM/NFIR meeting on the above subject wherein contention was that employees are being asked to submit affidavits and fulfil other unnecessary formalities for withdrawal from Provident Fund.

Information had been called for from all Zonal Railways regarding procedure being followed in different Railways while sanctioning withdrawals from Provident Fund few marriage purpose. Almost all Railways are following the simple procedure on withdrawals from Provident Fund by its employees except some Railways where self declaration duly witnessed by two railway employees is required. None of the Railways have asked its employees to submit affidavit in connection with withdrawal from Provident Fund.

It is therefore requested to indicate the specific Railway which is insisting on submission of affidavits etc. for withdrawal from Provident Fund, so that they are suitably advised.
Yours faithfully,
sd/-
Secretary, Railway Board
Source: NFIR

Now Trending

Holidays to be observed in Central Government Offices during the year 2020

Holidays to be observed in Central Government Offices during the year 2020 CENTRAL GOVERNMENT HOLIDAY LISTS 2020 F.No.12/1/20...

Disclaimer:

All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. Our blog "Central Government Staff news" accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.

Links to other websites that have been included on this blog are provided for public convenience only.

The blog "Central Government Staff news" is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.

Any suggestions write to us
centralgovernmentnews@gmail.com