Saturday, April 20, 2013

Dearness Allowance (DA) is granted to Railway employees

Posted by Government Staff on 9:29 PM. ,,,,, - No comments

Dearness Allowance (DA) is granted to Railway employees

  •     DA is granted to Railway employees to offset inflation and rising cost of living and inflation.
  •     Basis for DA calculation is All India consumer price index.
  •     DA revision is done to neutralise inflation 100%.
  •     Government will sanction DA on the first of January and on the first of July every year if it is due as per the calculation.

Dearness Pay (For those who retain Vth pay Commission scale)

  •     With effect from 1.1.2004 50% of DA was convertede to DP and DA was fixed as 11%.
  •     From that DA and other allowances were calculated based on Pay + DP resulting in financial benefit to employee and a temporary relief to employees who were waiting for next Pay Commission.
  •     Likewise for pensioners also 50% Dearness Relief was seperated as Dearness Pension from 1.1.2004 and DA was calculated on Pension + DP.
  •     This is still applicable for those who retain 5 th CPC scales.

Related News: Method of Calculation of Dearness Allowance and Expected DA Increase from 2013

0 comments:

Post a Comment

Now Trending

34% DA Order for Central Govt Employees wef 01.01.2022 - Latest CG Employees DA Order Jan 2022

 DA Order for Central Government Employees from Jan 2022 - Finmin Order 2022 Latest CG Employees DA Order Jan 2022 Dearness Allowance payabl...

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