Posts

Showing posts with the label 7th CPC Dearness Allowance

Central Government News

GRANT OF DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES – REVISED RATES EFFECTIVE FROM 1.1.2019

7th CPC Dearness Allowance from January, 2019 hike from 9% to 12% – Department of Expenditure, MoF Order No. 1/1/2019-E-II (B) Government of India   Ministry of Finance   Department of Expenditure North Block, New Delhi   Dated the 27th February, 2019. OFFICE MEMORANDUM Subject:   Grant of Dearness Allowance to Central Government employees – Revised Rates effective from 1.1.2019. The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/2/2018-E-ll (B) dated 7th September, 2018 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   9% to 12%   of the basic pay with effect from   1st January, 2019   . 2. The term ‘basic pay’ in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per   7th CPC   recommendations accepted by the ...

Expected DA from January 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released

Image
Expected DA from January 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of Oct, 2017 has been released yesterday by Labour Bureau and increased by 2 points and pegged at 287 (two hundred and eighty seven). With this increase 7th CPC Dearness Allowance/Dearness Relief for Central Govt Employees and Pensioner w.e.f. the month from January, 2018 will be 7% with 2% increase in July, 2017 DA/DR. On the other hand the 6th CPC DA speculated to be 143% with 4% increase in present DA Rate. The speculation of month of Sept, 2017 while 5 points increase in All India Consumer Price (Industrial Workers) Index Number [CPI(IW)] of July, 2017 was indicating 7% 7th CPC Dearness Allowance with 2% increase & 142% 6th CPC DA with 3% increase in 6th CPC Dearness Allowance from January, 2018 has comes true after 3 months. Only two months index is to be needed to give the calculated figure...