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Friday, February 28, 2014

CABINET APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS

with 23 comments

DEARNESS ALLOWANCE IS EQUIVALENT TO BASIC PAY

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS



DEARNESS ALLOWANCE IS EQUIVALENT TO BASIC PAY

Basic Pay= 100% Dearness Allowance

On 28.02.2014, the Cabinet Committee announced that it had given its consent to 10% Additional Dearness Allowance to all Central Govt Employees and Pensioners with effect from 1.1.2014.

This took Dearness Allowance to 100%.

Now, Central Government employees will be given 100% Dearness Allowance from the preceding date of 01.01.2014. But the Finance Ministry has not issued any relevant orders yet. We are hoping that the orders will be given before the end of this month.

The 100% Dearness Allowance from 01.03.2014 will be given along with the salary. The Dearness Allowance of January and February will be given as arrears. The hike is applicable for Central Government pensioners too.

In the current scenario, the Dearness Allowance is equal to Basic Pay. 

Let us look at the Dearness Allowance trends in the past… 

The growth of Dearness Allowance began on the basis of the 5th CPC, from 01.01.1996 onwards. It increased steadily and reached 50% on 01.07.2002.

On 01.04.2004, 50% Dearness Allowance was merged to the basic pay. The progression continued and on 01.07.2008, it reached 54%.

Click to view the image given below - Finance Ministry DA Merger order…

A significant growth in 12 years was seen in the order issued by the Finance ministry on 13.04.1999, in which the Government agreed to increase the Dearness Allowance from 22% to 32%, with effect from 01.01.1999. This was a 10% increase.

Click to view the image given below - Finance Ministry order…





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23 comments:

Anonymous said...

where rest of demands.

Surajit Samanta said...

What about Retirement age? Again Proved Ridiculous.

suresh 77, daak colony said...

what about merger of DA and retirement age

Himanshu Nyati said...

what about d a merger nd retirement age decision

Anonymous said...

Ha ha 50% merge hoga pakkee khabar!!!

Ashok said...

Ha ha ha 50% merge govindha govindha 111 .

P V S SUBBA RAO said...

What about DA merger and 62 years

Anonymous said...

CABINET has approved the 50 % DA merg and 10 % DA hike....

Anonymous said...

Frinds, Pl. don't go for 62 yrs

Biplab Kundu said...

udc/ldc ka revised grade pay ka order kaha hain ?

Anonymous said...

see this link
http://www.business-standard.com/article/economy-policy/cabinet-approves-merger-of-da-with-basic-pay-114022800589_1.html

verify it ,,,,,,,,,........

Anonymous said...

Only 50% merge not 62

Anonymous said...

what is the status of 50% merger

Anonymous said...

WHAT HAPPENED TO 50% OF DA MERGER WITH BASIC PAY

Government Cheated 50 Lakhs Central Government Employees...

http://govemployees.in/news/merger-of-da-with-baisc-pay/

UMESH CHANDER said...

Not confirmed sbout 50 % da merger
Business standard has confirmed this news bt ibn live say da will not be merge

Anonymous said...

Merger of 50% DA with Basic and enhencement of retiredment age from 60 to 62 yrs demand were genuine. It is unfortunate decision for CGE.

Anonymous said...

Please dont increase retirement. Age. Enough for oldies.

Amit said...

Confused news about 50 percent merger .........

kedy said...

can any body tell me why DA is taxable ? where as this is announced to compensate the value of Rupees.

Rajendran pillai said...

WHAT IS NEW IN THIS MATTER. Some media and others are praising as a mercy gesture from the Government. What gesture they have made. As per the instant Rules and Regulations they are sanctioning it.They are bound to do it. If they are not doing it, there may be valid reasons. Now they had done earlier. But the order will take effect only after March 2014. Don't make it as a impossible matter done by somebody. Rajendran Pillai.

suresh,77 daak colony, jaipur said...

why this demand is not being raised by the confederation of CGE that DA is due to calculated CP index and for compensation of increased rate of commodities.hence DA should not included in income of salary paid employees.

Anonymous said...

will children education allowance, nursing allowance, uniform allowance and washing allowance increase 25% as DA increased by 50% and reached 100%.

Anand Bansal said...

Anyone in the know of things please tell as to what is the delay in issue of DA increase order by finance ministry? Whereas the enhanced allowances like CEA, HRA etc can be claimed wef 1.1.2014, the delay in issue is depriving the employees of enhanced daily allowance while on tour.



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