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Showing posts with the label Expected Pay Scale of 7th CPC

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014 An overview of articles about DEARNESS ALLOWANCE It is an appreciable trend that articles about Dearness Allowances continue to be churned each day. There are plenty of advantages and benefits in giving your own interpretation on a topic that millions are interested in. It helps a great deal in creating consensus opinion. Social media are especially useful in accomplishing this. A very famous example is the unity and camaraderie between pharmacists a few years ago, and their success. The contribution of social media in the current protests being conducted by LDCs and UDCs is worth taking note of. There is no denial to the fact that revolutionary new opinions expressed on social media have been useful for many in many different ways. There is also no doubt in the fact that members of the unions, associations, and federations continue to watch the social media. You can bet that in the near future almost all these leaders of unions and associ...

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014 This is the first thing that all Central and State Government employees alike would eagerly like to know! We are the first to calculate and write about ‘Expected DA’. We have been meticulously doing this task for the past five years. Without fail, we publish all the relevant information pertaining to DA, which is given twice every year (January 1, and July 1). It is our practice to calculate these numbers on the basis of certain indicators. Dearness Allowance is calculated entirely on the basis of price rise and inflation. Of utmost importance for the calculation is the AICPIN (All India Consumer Price Index). Labour Bureau, a Government agency releases these figures each month.

7th CPC News - Getting it right on pay hikes

7th CPC News - Getting it right on pay hikes Getting it right on pay hikes The government last week cleared the setting up of the 7th Central Pay Commission for its employees. The move may be prudent politically but it will add to the problems of the next government which will also be burdened with the impact of the Food Bill on financial and the Land Bill on investment. The CPC recommendations, which will be implemented from January 2016 have to be handled properly—implementation of the 6th CPC recommendations threw fiscal deficit out of gear for two years, FY09 and FY 10. Though there will be no arrear burden this time as 7th CPC recommendations can be implemented from the due date itself—CPC is constituted every 10 years and 6th CPC recommendations were implemented from 2008 instead of 2006—the new pay structure itself will add to the government woes, especially at a time when the government is expected to be considerably cash-strapped for an extended period of time. The 12th fi...