Wednesday, 16 April 2014

Cabinet Committee may decide on DA increase to Central Govt Employees and Pensioners tomorrow..

Cabinet Committee may decide on DA increase to Central Govt Employees and Pensioners tomorrow...
Centre set to hike DA of govt employees by 10%
Ahead of the festive season, the UPA government is set to hike the dearness allowance (DA) of its employees by 10%, a move that will benefit almost 8 million people by boosting their purchasing power. 
The Union cabinet will consider a proposal on the raising the allowance, which is a proportion of basic pay, at its meeting on Friday.

In what can be seen as major sop for a large section of aam aadmi, this will be the second DA hike in a financial year. More importantly, also ahead of the 2014 general elections.
The Centre’s decision will not only directly benefit 5 million employees and 3 million pensioners, but also help infuse more money into the economy.
Top government sources said the new DA rates would be applicable from July 1.
The sources further said the exact amount of DA, as a proportion of basic pay, works out to over 90% after factoring in the revised All-India Consumer Price Index for Industrial Workers (CPI-IW) for June.
According to revised data released on August 30, retail inflation for factory workers for June stood at 11.63%, higher than the provisional estimate of 11.06% for the month released on July 31.
The double-digit hike in DA would come after three years. It was last in September, 2010, that the government had announced a hike of 10%.
The DA was hiked to 80% from 72% in April 2013, effective from January 1, this year.
As per practice, the government uses CPI-IW data for past 12 months or a year to arrive at a number for the purpose of any DA hike. Thus, the retail inflation for industrial workers between July 2012 and June 2013 will be used to take a final decision.
(With inputs from PTI)

CALCULATION OF DEARNESS ALLOWANCE FOR THE MONTH OF JULY 2013

CALCULATION OF DEARNESS ALLOWANCE FOR THE MONTH OF JULY 2013 

Expected DA from Jan 2014 :- Calculation of Dearness allowance for Central Govt Employees and Pensioners for the month of July, 2013, after releasing the AICPIN for July by the Labour Bureau...

The below table denotes how to calculate the Dearness allowance with All India Consumer Price Index as per the norms recommended by 6th CPC...


Month
Year
Base Year
2001=100
Total
Average
App. DA
DA
May
2008
139
1613
--
--
--
June
2008
140
1623
135.25
16.84
16
July
2008
143
1634
--
--
--
Aug
2008
145
1646
--
--
--
Sep
2008
146
1659
--
--
--
Oct
2008
148
1673
--
--
--
Nov
2008
148
1687
--
--
--
Dec
2008
147
1700
141.67
22.38
22
Jan
2009
148
1714
--
--
--
Feb
2009
148
1727
--
--
--
Mar
2009
148
1738
--
--
--
Apr
2009
150
1750
--
--
--
May
2009
151
1762
--
--
--
June
2009
153
1775
147.92
27.78
27
July
2009
160
1792
149.33
29.00
---
Aug
2009
162
1809
150.75
30.23
---
Sep
2009
163
1826
152.17
31.45
---
Oct
2009
165
1843
153.58
32.67
---
Nov
2009
168
1863
155.25
34.11
---
Dec
2009
169
1885
157.08
35.70
35
Jan
2010
172
1909
159.08
37.42
---
Feb
2010
170
1931
160.92
39.01
---
Mar
2010
170
1953
162.75
40.59
---
Apr
2010
170
1973
164.42
42.03
---
May
2010
172
1994
166.17
43.54
---
Jun
2010
174
2015
167.92
40.05
45
July
2010
178
2033
169.42
46.35
---
August
2010
178
2049
170.75
47.50
---
Sep
2010
179
2065
172.08
48.65
---
Oct
2010
181
2081
173.42
49.81
---
Nov
2010
182
2095
174.58
50.81
---
Dec
2010
185
2111
175.92
51.97
51
Jan
2011
188
2127
177.25
53.12
---
Feb
2011
185
2142
178.50
54.20
---
Mar
2011
185
2157
179.75
55.28
---
Apr
2011
186
2173
181.08
56.43
---
May
2011
187
2188
182.33
57.51
---
Jun
2011
189
2203
183.58
58.59
58
July
2011
193
2218
184.83
59.67
---
August
2011
194
2234
186.17
60.82
---
Sep
2011
197
2252
187.67
62.12
---
Oct
2011
198
2269
189.08
63.34
---
Nov
2011
199
2286
190.50
64.56
---
Dec
2011
197
2298
191.50
65.43
65
Jan
2012
198
2308
192.33
66.15
---
Feb
2012
199
2322
193.50
67.15
---
Mar
2012
201
2338
194.83
68.31
---
Apr
2012
205
2357
196.42
69.67
---
May
2012
206
2376
198.00
71.04
---
Jun
2012
208
2395
199.58
72.41
72
Jul
2012
212
2414
201.17
73.78
---
August
2012
214
2434
202.83
75.22
---
Sep
2012
215
2452
204.33
76.51
---
Oct
2012
217
2471
205.92
77.88
---
Nov
2012
218
2490
207.50
79.25
---
Dec
2012
219
2512
209.33
80.83
80
Jan
2013
221
2535
211.25
82.49
---
Feb
2013
223
2559
213.25
84.22
---
Mar
2013
224
2582
215.17
85.87
---
Apr
2013
226
2603
216.92
87.38
---
May
2013
228
2625
218.75
88.97
---
Jun
2013
231
2648
220.67
90.62
90
Jul
2013
235
2671
222.58
92.28

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