Thursday, October 27, 2016

2% Dearness Allowance for Central Government Employees and Pensioners due from July 2016 may approve in the Union Cabinet Meeting

Posted by Government Staff on 8:11 AM. ,,,,,, - 2 comments

2% Dearness Allowance for Central Government Employees and Pensioners due from July 2016  may approve in the Union Cabinet Meeting

Cabinet may approve 2% DA today

Dearness Allowance for Central Government Employees and Pensioners due from July 2016 is likely to be approved in the Union Cabinet Meeting to be held  today (27.10.2016).

As per the recommendations of 7th Central Pay Commission on Dearness Allowance formula, Central Government is all set to declare 2% Dearness allowance and Dearness relief to be effective from July 1, 2016.

Table of AICPIN - All India Consumer Price Index Numbers for Industrial Workers BY 2001-100 from Jan 2016 to Jun 2016 are indicated in the table with average of 261.4

DEARNESS ALLOWANCE FROM JULY 2016


 Calculation of Dearness Allowance from July 2016 as shown in the table

Month / Year B.Y. 2001=100 12 Months Total 12 Months average % Increase over 261.4 DA
with Decimal 		DA %
Jan-16 269 3152 262.67 1.26 0.48 0.48
Feb-16 267 3166 263.83 2.42 0.93 0.93
Mar-16 268 3180 265 3.59 1.37 1
Apr-16 271 3195 266.25 4.84 1.85 1
May-16 275 3212 267.67 6.26 2.39 2
Jun-16 277 3228 269 7.6 2.91 2

2 comments:

Disappointed... We were expecting 3%

Totally Disappointed.. We were expecting 3 %

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