Showing posts with label DA for CG Employees. Show all posts
Showing posts with label DA for CG Employees. Show all posts

Wednesday, October 9, 2019

DA Announcement before Diwali – 5% Hike in DA for Central Government Employees before Diwali

DA Announcement before Diwali – 5% Hike in DA for Central Government Employees before Diwali


DA Announcement before Diwali – 5% Hike in DA for Central Government Employees before Diwali
7th Pay Commission Latest News Today 2019 – 5% Hike in DA for Central Government employees and pensioners before Diwali

DA Announcement before Diwali

More than one crore Central Government employees and pensioners are looking for DA announcement from the month of September. The Central Government has not taken any decision on DA yet. We hope that the announcement of 5% increase in DA additionally from July 2019 will be declared before the grand festival of Diwali.

Also read: 7th CPC DA Hike will announce today for central government employees and pensioners

 

17% of 7th CPC Matrix Pay


At present, all Central government employees are getting 12% Dearness allowance of their matrix pay and if Govt declare 5% hike in DA, the total DA will become 17%. For example, if an employee gets Rs. 49000 matrix basic pay, he will get enhanced DA will be Rs. 8330 per month (Rs. 5880 + Rs. 2450 = Rs. 8330).

First Time 5% DA

After implementation of 7th Pay Commission, this is the first time 5% increase in DA

Also check: 5% DA increase from July 2019 confirmed for Central Government Employees. 12% becomes 17% due to high inflation


M/YEnhanced DADA %
Jul-162%2%
Jan-172%4%
Jul-171%5%
Jan-182%7%
Jul-182%9%
Jan-193%12%

Wednesday, November 13, 2013

Statement of Srikant Kumar Jena on Consumer Price Index

Statement of Srikant Kumar Jena on Consumer Price Index

Press Information Bureau
Government of India
Ministry of Statistics & Programme Implementation
14-October-2013 17:31 IST
Statement of Srikant Kumar Jena on Consumer Price Index

Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics and Programme Implementation announced the release of the monthly provisional Consumer Price Index (CPI) on Base 2010=100 along with annual inflation rates for September 2013, compiled by the Central Statistics Office. Final CPI numbers for the month of August 2013 have also been released.

All India General (all groups) CPI numbers of September 2013 for rural, urban and combined are 137.8, 134.0 and 136.2 respectively.

Provisional annual inflation rate based on all India general CPI (Combined) for September 2013 on point to point basis (September 2013 over September 2012) is 9.84%. The corresponding inflation rates (provisional) for rural and urban areas are 9.71% and 9.93% respectively. Inflation rates (final) for rural, urban and combined for August 2013 are 8.93%, 10.32% and 9.52% respectively.

Provisional annual inflation rates of September 2013 for rural, urban and combined in respect of ‘food and beverages’ are 11.48%, 11.36% and 11.44% respectively.

Source: PIB News

Tuesday, July 2, 2013

Expected DA : 90% DA from July, 2013 may be announced in view of AICPIN, May 2013

Expected DA : 90% DA from July, 2013 may be announced in view of  AICPIN, May 2013

Expected Dearness Allowance and Dearness Relief from July 2013 : Central Government employees and Pensioners will get one more installment of additional DA and DR from July 2013 will be 10%, as per the release of AICPIN for the month of May 2013. Though the requirement of one more month of AICPIN for June to finalise the enhancement of Dearness allowance, there is possible to get 90% Dearness allowance and Dearness Relief from July 2013. The calculation table describes the steps as under...

Month / YearB.Y. 2001=100Total of 
 12 Months
12 Months 
 Average
% Increase 
 over 115.763
App. DA DA %
Dec-122192512209.3393.5780.8380
Jan-132212535211.2595.4982.4982
Feb-132232559213.2597.4984.2284
Mar-132242582215.1799.4185.8785
Apr-132262603216.92101.1687.3887
May-132282625218.75102.9988.9788
Jun-13Expected90
Labour Bureau released the statistics number of Consumer Price Index for Industrial Workers (CPI-IW) for the month of May 2013 on its official portal , which is important factor to calculate additional DA and DR to CG employees and CG Pensioners and the same is reproduced here for your information...

Consumer Price Index for Industrial Workers (CPI-IW)-May, 2013

The All-India CPI-IW for May, 2013 rose by 2 points and pegged at 228 (two hundred and twenty eight). On 1-month percentage change, it increased by 0.88 per cent between April and May compared with 0.49 per cent between the same two months a year ago.

The largest upward contribution to the change in current index came from Food group which increased by 1.22 per cent, contributing 1.64 percentage points to the total change. At item level, Rice, Arhar Dal, Fish Fresh, Poultry (Chicken), Milk, Chillies Green, Garlic, Ginger, Tomato, Root & Green Vegetables, Tea Leaf, Tea (Readymade), Cigarette, Country Liquor, Electricity Charges, Medicine (Allopathic), Repair Charges, etc. are responsible for the rise in index. However, this was compensated by Petrol putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 10.68 per cent for May, 2013 as compared to 10.24 per cent for the previous month and 10.16 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.24 per cent against 12.39 per cent of the previous month and 10.61 per cent during the corresponding month of the previous year.

At centre level, Chennai and Nagpur recorded the largest increase of 8 points each followed by Nasik (7 points) and Warrangal, Coonoor, Hubli Dharwar, Madurai and Tripura (6 points each). Among others, 5 points rise was registered in 2 centres, 4 points in 14 centres, 3 points in 6 centres, 2 points in 12 centres, and 1 point in 12 centres. On the contrary, a decline of 6 points was reported in Delhi, 5 points in Ghaziabad, 4 points in Srinagar, 3 points in 2 centres, 2 points in 2 centres and 1 point in 7 centres. Rest of the 10 centres’ indices remained stationary.

The indices of 38 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Jabalpur and Haldia centres remained at par with all-India index.

The next index of CPI-IW for the month of June, 2013 will be released on Wednesday, 31 July, 2013. The same will also be available on the office website www.labourbureau.gov.in.

Saturday, April 20, 2013

Method of Calculation of Dearness Allowance and Expected DA Increase from 2013 Calculation of DA(Dearness Allowance) Rates

Method of Calculation of Dearness Allowance and Expected DA Increase from 2013
Calculation of DA(Dearness Allowance) Rates
  •     DA rates for Government employees are to be announced half yearly which will be applicable from first January and First July.
  •     On implementation of Sixth Pay Commission recommendations with effect from 01.01.2006 a new method of calculation of DA (dearness allowance) rates is adopted by Central (including Railways)and State Governments.
  •     DA rates are fixed on the basis of All India Consumer Price Index (AICPI) for industrial workers with Base year as 2001.


Method of Calculation

DA is calculated using the following formulae:
Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76
(Fractions are ignored)
The figure 115.76 signifies the average of price index from Jan 2005 to Dec 2005.
Example: To calculate Jan 2013 DA rate Price index average from Jan 2012 to Dec 2012 is taken.
AICPI data for Jan 2012 to Dec 2012 as per Labour Bureau, Department Statistics, Government of India website is as follows:
Jan-12198
Feb-12199
Mar-12201
Apr-12205
May-12206
Jun-12208
Jul-12212
Aug-12214
Sep-12215
Oct-12217
Nov-12218
Dec-12219
Total2512
Average209.33

Dearness allowance (01.01.2013)=( 209.33-115.76)*100/115.76=80.83
  • DA  (after ignoring fraction)=80 %
  • So Rate of DA expected from 01.01.2013 is 80 %
  • The rate of increase will be 8% (72% to 80%).
 Source: Indian railway employee

Friday, November 16, 2012

Central Government staffs may get 8% D.A. from January 2013

Central Government staffs may get 8% D.A. from January 2013

As we are in the halfway mark of calculating D.A. effective from 01.01.2013, let us try to predict it based on current trend. The AICPI-IW No. for three months , i.e. July, Aug, Sep 2012 is punlished by the labour bureau. It is respectively 212,214 and 215. Based on current situation, if we assume that inflation will remain same and the next three months figure remains static at 215, the total D.A. will be 80% of pay as on 01.01.2013.
 
If the figure increases 1 point each in the coming three months, the D.A. will still be 8%.
 
If the figure increases 2 point each in the coming three months, the D.A. will then be be 9%, which is not very likely.
 
So we predict a 8% rise in D.A. for Central Govt. employees with effect from January 2013.
 

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