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Central Government News

GRANT OF DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES – REVISED RATES EFFECTIVE FROM 1.7.2018

DEARNESS ALLOWANCE DA from 01.07.2018 @ 9% No. 1/2/2018-E-II (B) Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated the 7th September, 2018. OFFICE MEMORANDUM Subject:   Grant of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2018. The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/1/2018-E-II (B) dated 15th March, 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 7% to 9% of the basic pay with effect from   1st July, 2018 . 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 Government, but does not include any other type of pay like special pay, etc. 3. The Dearness Allowance will continue to b...

Central Government employees losing interest in Dearness Allowance?

Central Government employees losing interest in Dearness Allowance? Central Government employees losing interest in Dearness Allowance? It is becoming very obvious these days that the Central Government employees and pensioners are fast losing interest in Dearness Allowance. Dearness Allowance is given to the   Central Government employees   once every six months, in order to help them maintain their lifestyle against the rising prices. Fluctuations in the prices of 392 essential items are recorded regularly at 78 various locations and their data is tabulated once every month to calculate the All India Consumer Price Index Number (AICPIN), which is then released by the Centre. Dearness Allowance is thus calculated. For ten years now, we have been calculating the Dearness Allowance in advance and releasing the numbers. This is why we are able to sense an acute loss of interest among the Central Government employees in recent times to know their next and expected   De...