Tuesday, April 7, 2015

Release pending dearness allowance, central employees appeal to government

Release pending dearness allowance, central employees appeal to government

Finance Minister Arun Jaitley
Finance Minister Arun Jaitley

New Delhi: The central government employees appealed to the Finance Minister Arun Jaitley to release the pending installment of dearness allowance (DA) to them as new financial year 2015-16 has also been started.

The central government employees’ bodies said 6 percent DA is due from January but the government has still not declared the hike of the dearness allowance (DA).

The biggest concern facing the central government employees is raising prices.

Inflation hits government employees badly as prices keep rising. The government employees end up spending more money for things that they could buy for les earlier. As prices rise, the purchasing power of money goes down too.

Inflation hits government employees with fixed incomes very badly. Accordingly, they demanded to hike dearness allowance for the little makeup of their financial situation.

The employees’ bodies are also pressing hard to merger of 50 percent DA with basic pay but it has not been given heed by the seventh Pay Commission as well as the government.

The merger of 50 percent DA was discontinued in the Sixth Pay Commission but the Fifth Pay Commission had recommended that if the DA crosses more than 50 percent then it should be clubbed with the basic pay.
The previous UPA government had always announced DA increasing with effect from January 1, in the month of March but the BJP led NDA government has not declared DA hike till date.

TST

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