• Skip to main content
  • Skip to primary sidebar
  • Home
  • Holidays 2022
  • CSD Price
  • Pay Matrix
  • Expected DA

CGEN.in

Central Govt Holiday List | 8th Pay Commission Latest News

cegn logo
You are here: Home / Expected DA / Cabinet may approve 6% DA on Thursday

CSD AFD Canteen Online Portal - List of AFD Items

CSD AFD Price List PDF Download 2021
CSD Canteen Gas Stove Price List 2021
CSD Canteen Chimney Price List 2021

Honda Activa CSD Price List 2021
CSD Royal Enfield Bullet Bike Prices – Chennai Depot

Cabinet may approve 6% DA on Thursday

Last Modified: March 31, 2015

Cabinet may approve 6% DA on Thursday

The Union Cabinet approval for the 6% rise in the Dearness Allowance for the Central Government employees is expected to be announced on coming Thursday.

It is a well-known fact that every six months, the Central Government increases the Dearness allowance for its employees during the months of January and July. The increased amount is calculated on the price index (CPI IW BY 2001=100) of essential commodities. Rise in the Dearness allowance is being calculated on the basis of the changes in the prices of the essential commodities during the periods between January and June and the period between July and December.

But, it takes around three months since the release of the price index for the months of June and December to arrive at the calculation for the increase in the Dearness allowance. With the result that the increase due from the month of July is being given only from the month of October and the amount due from January is being given only from the month of April.

And, because of this situation, the amount due for the left-behind period of two months is to be settled as arrears. Practical problems arise in the calculation of the arrears amount and also problem arises in clarifying the doubts of the beneficiaries. Pensioners especially, are more tensed up over this procedure.

To avoid this situation, the price index during the periods from November to April and from May to October can be taken into account and the increase in the Dearness allowance calculated based on the information relevant to these periods. The amount can be disbursed from the months of January and July as per this calculation so that there’s no due as arrears.

We imaginatively tested this method to find out the result. It was found out that there was no tangible change in the increase amount if calculated on the basis of the price index obtained during the months of April and October.

Click to read more…

Also read this...

  • DA and DR from July to Dec 2015 – Cabinet Committee may approve tomorrow
  • Expected DA from Jan 2016 – A New Chapter Begins
  • Expected DA July 2015 – 5% or 6% – How to calculate?
  • AICPIN points for the month of May to be announced 30-6-2015
  • Expected DA from July 2015 – AICPIN for Jan 2015
  • Expected DA July 2015 – Calculate for yourself with input of AICPIN
  • 6% DA hike from July 2015 – Central Cabinet approved yesterday
  • AICPIN Points for the month of September to be released today
  • Cabinet likely to be approved 6% DA in this week for CG Employees and Pensioners
  • March 31, 2015 Tagged With: Expected DA from July 2015 Filed Under: Expected DA, Expected DA from July 2015

    Reader Interactions

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Primary Sidebar




    Latest Update

    • Rationalisation of Income Tax Slabs 2022 March 28, 2022
    • Central government Retirement Age 2022 March 28, 2022
    • Reservation Limits for Financially Weaker Segments March 28, 2022
    • Senior Citizens Welfare Plans 2022 March 28, 2022
    • Request to Hike Minimum Pension under EPF Pension Scheme March 28, 2022
    • Central Government Health Scheme Card Fees for Retired Govt Employees March 26, 2022
    • Fixed Monthly Incentive Received by ASHAs of Rs. 2000 PM March 26, 2022
    • Computer Advance Interest Rate to Government Servants 2022-23 March 26, 2022
    • Official Announcement – Bank Strike On March 28-29 Against Privatisation March 26, 2022
    • Indian Government is Planning to Issue E-Passports in 2022-23 March 26, 2022
    • Issue of Retiring from the Indian Air Force at a lower rank March 26, 2022
    • Air India LTC Fares updated as of 04 March 2022 March 25, 2022
    • Air Travel on Government Account: Railway Board Order March 25, 2022
    • Travelling Allowance to person re-employed in Railways March 25, 2022
    • Risk Allowance to the Defence Civilian employees March 25, 2022

    Copyright © 2022 - https://cgemployeesnews.in/