Showing posts with label DA from July 2015. Show all posts
Showing posts with label DA from July 2015. Show all posts

Thursday, September 24, 2015

DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015

DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015

Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2015
No.1/2/2015-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 23rd September, 2015.
OFFICE MEMORANDUM
Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2015

The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/2/2015-E-II (B) dated 18th September, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 113% to 119% with effect from 1st July, 2015.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

Sd/-
(A. Bhattacharya)
Under Secretary to the Government of India

Authority: www.finmin.nic.in

DA ORDER 2015 FROM 1.7.2015

Monday, August 3, 2015

119% DA from July 2015 – NFIR Report

119% DA from July 2015 – NFIR Report

National Federation of Indian Railwaymen published a message on its official portal regarding an additional Dearness Allowance effective from July 2015 to Dec 2015 for Central Government Employees.

NFIR
National Federation of Indian Railwaymen
3, Chelmsford Road, New Delhi – 110 055
No.I/5(A)/Part.I
Dated: 01/08/2015
MESSAGE

With the announcement of All India Consumer Price Index for the month of June, 2015, the average stood at 254.41. Hence the Central Government Employees are entitled for D.A. at 119% of pay w.e.f.01/07/2015.
sd/-
(Dr.M.Raghavaiah)
General Secretary
Copy to all General Secretaries of affiliated Unions of NFIR.
Media Center/NFIR

Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released

Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released
Central Government Employees DA with effect from January 2015 is 113%. On the basis of AICPI (IW), DA from July 2015 is now confirmed to be 119%. DA from July 2015 will be announced by Govt in the month of September 2015 or October 2015 normally.

Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released by Labour Bureau – 3 Point increase in AICPI (IW) from 258 to 261.

Labour Bureau, Ministry of Labour and Employment has released All India Consumer Price Index (Industrial Workers) for the month of June 2015. As per the press release dated 31.07.2015, AICPI(IW) for June 2015 is 261, an increase of 3 points from the consumer price index of 258 for the month of May 2015. ‘
Consequently, eligible DA from July 2015 for Central Government Employees is now confirmed to be 119% which will be an increase of 6% from the existing DA of 113%

All India Consumer Price Indices for the months from July2014 to June 2015, which are required to determine Dearness Allowance entitled to Central Government Employees including Railway Employees, Defence Personnel and Pensioners are follows:


Month Actual AICPI-IW
Jul-2014 252
Aug-2014 253
Sep-2014 253
Oct-2014 253
Nov-2014 253
Dec- 2014 253
Jan-2015 254
Feb-2015 253
Mar-2015 254
Apr-2015 256
May-2015 258
Jun-2015 261
 
DA from Jul 2015= [(252+253+253+253+253+253+254+253+254+256+258+261)-115.76]*100/115.76
= 119% (6% increase in DA from July 2015)

Saturday, July 25, 2015

Popular News: Central Government Employees DA from July 2015 will be 119%

Popular News: Central Government Employees DA from July 2015 will be 119%
Two Point increase in CPI (IW) provides scope for 6% likely increase in DA payable to Central Government Employees and Pensioners from July 2015
Rewind Central Government Employees DA from July 2015 will be 119% – All India Consumer Price Index (Industrial Workers) for May 2015 released by Labour Bureau – Two Point increase in AIPCI(IW)

DA from July 2015 – As estimated in our article on 30th May 2015, Dearness Allowance for Central Government Employees with effect from July 2015 will be increased by 6% thanks to two point increase in All India CPI (IW) for May 2015.

Except CPI for June-2015, all data for calculation of Dearness Allowance from July 2015 are available now.

Month Actual AICPI-IW
Jul-2014 252
Aug-2014 253
Sep-2014 253
Oct-2014 253
Nov-2014 253
Dec- 2014 253
Jan-2015 254
Feb-2015 253
Mar-2015 254
Apr-2015 256
May-2015 258
Jun-2015 To be released

We have to take the assumed value for CPI-IW only for June 2015. It is found that even for increase of 6 points in June 2015 from the existing CPI of 258, DA from July 2015 will be 119%. Only when CPI is increased to 265 from the existing level of 258, DA from July 2015 will be increased to 120%.

DA from Jul 2015 [(252+253+253+253+253+253+254+253+254+256+258+265)-115.76]*100/115.76
= 120% (7% increase in DA from July 2015)

On the lower side, we found that only when Consumer Price Index fell down to 250 i.e when CPI (IW) is getting decreased by 8 Points, Central Government Employees DA from July 2015 will be fixed at 118%.

DA from Jul 2015 [(252+253+253+253+253+253+254+253+254+256+258+250)-115.76]*100/115.76
= 118 % (5% increase in DA from July 2015)

From the above, it is clear that chances for decrease of 8 Points in CPI in a single month  or increase of 7 points in same period are very remote. So, we can very well conclude that DA from July 2015 will be 119%.

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