1. Children Education Assistance & Reimbursement of Tuition Fee

2. Advances for purchase of Bicycle Advance, Warm clothing Advance, Festival Advance, Natural Calamity Advance

3. Special Compensatory Hill Area Allowance

4. Special Compensatory Scheduled / Tribal Area Allowance

5. Project Allowance

6. Speical Compensatory (Remote Locality) Allowance

7. Cycle Maintenance Allowance

8. Mileage for road journey all components of daily allowance on tour

9. Rates of Fixed Conveyance Allowance under SR-25 (Motor Car)

10. Rates of Fixed Conveyance Allowance under SR-25 (Other modes)

11. Washing Allowance

12. Split Duty Allowance

13. Spl. Allowance for Child Care for Women with Disabilities and Education Allowance for disabled children

14. Cash Handling Allowance

15. Risk Allowance

16. Postgraduate Allowance

17. Desk Allowance

18. Bad Climate Allowance

Member, JCM National Council

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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 associations would have created their own individual websites and started expressing their opinions almost immediately.

Let us get to the topic at hand…
The Consumer Price Index for Industrial Workers points for last month was released on 31.03.2014. The index has risen by one point and stands at 238. As a result, the Dearness Allowance, which stood at 101.71 has now slightly increased to 102.79.

With the AICPIN data of only two months available, it has become clear that there is not even an increase of 3%. If the trend continues, the hike in DA would be very small this time. Though nothing can be speculated as of now, if the AICPIN doesn’t reduce, then there are chances of a 5% DA increase. If AICPIN points slump by bigger margins, there are chances that the DA percentage would decrease further.

To sum it up, this time, there is no possibility of getting the kind of DA hikes that were given in the past. But then, since we still don’t have the data for four months, it is difficult to accurately calculate.

‘Expected DA from July 2014’ completed its second step..!

Source: http://90paisa.blogspot.in
[http://90paisa.blogspot.in/2014/04/expected-da-from-july-2014-overview-of.html]

The post EXPECTED DA FROM JULY 2014 – An overview of articles about DEARNESS ALLOWANCE appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Calculation of DA(Dearness Allowance) Rates

•     DA rates for Government employees are to be announced half yearly which will be applicable from first January and First July.
•     On implementation of Sixth Pay Commission recommendations with effect from 01.01.2006 a new method of calculation of DA (dearness allowance) rates is adopted by Central (including Railways)and State Governments.
•     DA rates are fixed on the basis of All India Consumer Price Index (AICPI) for industrial workers with Base year as 2001.

Method of Calculation
DA is calculated using the following formulae:

Dearness Allowance = (Avg of AICPI for the past 12 months – 115.76)*100/115.76
(Fractions are ignored)

The figure 115.76 signifies the average of price index from Jan 2005 to Dec 2005.

Example: To calculate Jan 2013 DA rate Price index average from Jan 2012 to Dec 2012 is taken.

AICPI data for Jan 2012 to Dec 2012 as per Labour Bureau, Department Statistics, Government of India website is as follows:

Dearness allowance (01.01.2013)=( 209.33-115.76)*100/115.76=80.83

• DA  (after ignoring fraction)=80 %
• So Rate of DA expected from 01.01.2013 is 80 %
• The rate of increase will be 8% (72% to 80%).

Source: Indian railway employee

The post Method of Calculation of Dearness Allowance and Expected DA Increase from 2013 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.