7th PAY COMMISSION NEWS - CENTRAL GOVERNMENT EMPLOYEES NEWS

DA from July 2013 - Union Cabinet may approve 10% additional DA increase to CG Staff and Pensioners... Central Government set to hike DA by 10% ahead of Diwali The Union cabinet will consider the proposal on  raising the dearness allowance to 90% , at its meeting on Friday 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...

10% Dearness allowance and 3% Increment from July 2013…   Central Government employees will get ten percent Dearness allowance from July 2013 and also will get three percent annual increment from the same date.   Expected DA from July 2013 : AICPIN for the month of May 2013 Expected Dearness Allowance and Dearness Relief from July 2013 : Central Government employees and Pensioners will get one more installment of additional DA and DR from July 2013 will be 10%, as per the release of AICPIN for the month of May 2013. Though the requirement of one more month of AICPIN for June to finalise the enhancement of Dearness allowance, there is possible to get 90% Dearness allowance and Dearness Relief from July 2013. The calculation table describes the steps as under... Month / Year B.Y. 2001 =100 Total of 12 Months 12 Months Average % Increase over 115.763 App. DA DA % Dec-12 219 2512 209.33 93.57 80.83 80 Jan-13 221 2535 211.25 95.49 82.49 82 Feb-1...