Expected DA from July 2012 Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS

KVS DA Orders : Payment of DA on revised rates w.e.f 01-07-2012

admin — Sat, 06 Oct 2012 11:46:01 +0000

Kendriya Vidyalaya Sangathan

18, Institutional Area

Shaheed Jeet Singh Marg

New Delhi – 110016

F.No.110239/51/Cir./2012/KVS(Budget)

Dated 03.10.2012

Copy of the O.M.No.1(8)/2012-E-II (B) Dated : 28th September, 2012 regarding Payment of Dearness Allowance to Central Government employees Revised Rates effective from 1.7.2012 is forwarded for information and necessary action.

sd/-

(S.Mouthusivam)

Asst. Commissioner (Fin.)

Source: www.kvsangathan.nic.in

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Payment of Dearness Allowance to Railway employees – Revised rates effective from 01.07.2012

admin — Sat, 06 Oct 2012 11:38:00 +0000

GOVERNMENT OF INDIA / BHARAT SARKAR
MINISTRY OF RAILWAYS / RAIL MANTRALAYA
(RAILWAY BOARD)

S.No. PC-VI/303
No. PC-VI/2008/1/7/2/1

RBE No.112/2012
New Delhi, dated 03.10.2012

The GMs/CAO(R),
All Indian Railways & Production Units
(As per mailing list)

Sub: Payment of Dearness Allowance to Railway employees – Revised rates effective from 01.07.2012.

Please refer to this Ministry’s letter of even number dated 09.4.2012 (S.No. PC-VI/289, RBE No.49/2012) on the subject mentioned above. The President is pleased to decide that the Dearness Allowance payable to Railway employees shall be enhanced from the existing rate of 65% to 72% with effect from 1st July, 2012.

2. The provisions contained in Paras 3, 4 & 5 of this Ministry’s letter of even number dated 09.09.2008 (S.No.PC.V1/3, RBE No. 106/2008) shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all railway employees. The arrears may be charged to the salary bill for October, 2012 and no honoranum is payable for preparing separate bill for this purpose.

4. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.

sd/-
(Hari Krishna)
Director, Pay Commission II
Railway Board

Source: AIRF and NFIR

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DA from July 2012 : Finance Ministry issued Official DA Orders

admin — Fri, 28 Sep 2012 16:13:04 +0000

DA from July 2012 : Finance Ministry issued Official DA Orders

Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2012.

No.1(8)/2012-E-II(B)

Government of India

Ministry of Finance

Department of Expenditure

North Block, New Delhi

Dated: 28th September, 2012

OFFICE MEMORANDUM

Subject : Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2012.

The undersigned is directed to refer to this Ministry’s Office Memorandum No.1(1)/2012-E-II (B) dated 3rd April, 2012 on the subject mentioned aboe 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 65% to 72% with effect from 1st July, 2012.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No.1(3)/2008-E-II(B) dated 29th August. 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders issue in consultation with the Comptroller and Auditor General of India.

sd/-
(Anil Sharma)
Under Secretary to the Government of India

Source: www.finmin.nic.in
[http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/da01072012.pdf]

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7% HIKE IN DEARNESS ALLOWANCE FOR CENTRAL STAFF…CABINET APPROVES

admin — Wed, 26 Sep 2012 16:30:20 +0000

7% HIKE IN DEARNESS ALLOWANCE FOR CENTRAL STAFF…CABINET APPROVES

UNION CABINET APPROVED A PROPOSAL TO HIKE ADDITIONAL DEARNESS ALLOWANCE BY 7% FOR CENTRAL STAFF AND CENTRAL PENSIONERS…

THE CENTRAL GOVERNMENT TODAY APPROVED A SEVEN PER CENT HIKE IN DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS, THIS HIKE IS TO BE EFFECTIVE RETROSPECTIVELY FROM JULY 2012…

THE DEARNESS ALLOWANCE AND DEARNESS RELIEF FOR CENTRAL GOVERNMENT SERVING EMPLOYEES AND PENSIONERS WILL INCREASE FROM 65% PER CENT OF BASIC EMOLUMENTS TO 72% PER CENT WITH EFFECT FROM 1.7.2012.

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Hike in dearness allowance of Central Govt employees may be considered by cabinet

admin — Wed, 26 Sep 2012 02:19:55 +0000

Hike in dearness allowance of Central Govt employees may be considered by cabinet

New Delhi: The Union Cabinet is expected to meet this evening to consider a 7 per cent hike in the Dearness Allowance (DA) of Central government employees.

Once approved, it will benefit over 52 lakh government employees.

The Cabinet will also take a decision on computerisation of the Public Distribution System (PDS). A Food Ministry proposal seeks to digitise ration cards and fully computerise the PDS network especially at the back-end.

Also, a bailout package for state power distribution companies is on the cards. The Cabinet is likely to consider a proposal for debt recasting of power distribution companies.

The meetings of the Cabinet Committee on Economic Affairs (CCEA) and Cabinet Committee on Infrastructure (CCI), scheduled for Friday, were postponed apparently in view of the rapid political developments in the aftermath of the government’s decision to hike diesel prices and operationalise its earlier move to allow Foreign Direct Investment (FDI) in multi- brand retail.

The hike in dearness allowance will be effective from July 1, 2012, and the employees would be entitled to arrears from that date.

The additional burden on exchequer on account of increase in DA would be around Rs. 5,000 crore for the eight-month period between July, 2012 and February, 2013. It will be Rs. 7,400 crore for the full financial year.

The government had last increased DA in March this year from 58 per cent to 65 per cent, which was effective from January 1, 2012. It will now be increased to 72 per cent.

The government periodically hikes the DA, which is linked to consumer price index for industrial workers. The consumer price index (CPI) based on movement in retail prices, soared to 10.03 per cent in August, from 9.86 per cent in July.

(With PTI inputs)

Source: www.ndtv.com

[http://www.ndtv.com/article/india/cabinet-may-consider-hike-in-dearness-allowance-of-central-govt-employees-in-a-meeting-today-271232]

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Today evening Central D.A. likely to be cleared by cabinet

admin — Mon, 24 Sep 2012 02:24:03 +0000

Central D.A. likely to be cleared by cabinet on Today evening

It is all set to approve 7% D.A. for Central employees and pensioners by the cabinet. The cabinet meeting scheduled on Friday, the 21st September has been rescheduled on Tuesday and then advanced to Monday (24/09/2012) evening.

Once approved the total Dearness Allowance payable from 1st July 2012 will be 72% of total pay. Employees are likely to get 3 months arrears in cash and the enhanced pay will be effected from the salary of October 2012. Pensioners are likely to get it with the pension of October 2012.

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Expected DA from July 2012 : Cabinet meeting to consider hike in DA postponed

admin — Sat, 22 Sep 2012 13:37:36 +0000

Cabinet meeting to consider hike in DA postponed

The meeting of the Union Cabinet, which was scheduled to consider a 7 per cent hike in dearness allowance to 80 lakh central government employees and pensioners, has been put off to next week.

“The Cabinet, CCEA (Cabinet Committee on Economic Affairs) and CCI (Cabinet Committee on Infrastructure) meetings scheduled for Friday, have been postponed,” an official announcement said.

Cabinet meetings usually take place on Thursdays, but they have been postponed apparently in view of the rapid political developments in the aftermath of the government’s decision to hike diesel prices and operationalise its earlier move to allow foreign direct investment (FDI) in multi-brand retail.

Increasing DA from 65 per cent to 72 per cent to provide relief to 50 lakh central government employees and 30 lakh pensioners was on the agenda of the meeting. It is now likely to be taken up next week.

Once approved, the hike in dearness allowance will be effective from July 1, 2012, and the employees would be entitled to arrears from that date.

The additional burden on exchequer on account of increase in DA would be around Rs 5,000 crore for the eight-month period between July, 2012 and February, 2013. It will be Rs 7,400 crore for the full financial year.

The government had last increased DA in March this year from 58 per cent to 65 per cent, which was effective from January 1, 2012.

Source: www.thehindubusinessline.com

[http://www.thehindubusinessline.com/news/article3917696.ece?ref=wl_industry-and-economy]

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Expected DA from July 2012 : AICPIN for the month of June 2012

admin — Wed, 01 Aug 2012 05:28:28 +0000

Expected DA from July 2012 : AICPIN for the month of June 2012

All-India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of June 2012

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of June, 2012 increased by 2 points and stood at 208 (two hundred eight).

During June, 2012, the index recorded maximum increase of 8 points each in Mercara and Godavarikhani centres, 7 points in Puducherry centre, 5 points in Madurai, Howrah, Chennai, Lucknow and Warrangal centres, 4 points in 7 centres, 3 points in 13 centres, 2 points in 11 centres, 1 point in 18 centres. The index decreased by 2 points each in Ludhiana and Mysore centres and 1 point in 5 centres, while in the remaining 14 centres the index remained stationary.

The maximum increase of 8 points in Mercara centre is mainly due to increase in the prices of Rice, Poultry (Chicken), Tea (Readymade), Coffee (Readymade), Bidi, Refined Liquor, Firewood, Cinema Charges, Bus Fare, etc. In Godawarikhani centre this increase of 8 points is mainly due to increase in the prices of Rice, Arhar Dal, Moong Dal, Groundnut Oil, Vegetable & Fruit items, Firewood, Petrol, Toilet Soap, etc. The increase of 7 points in Puducherry centre is due to increase in the prices of Rice, Arhar Dal, Poultry (Chicken), Fish Fresh, Fish Dry, Eggs (Hen), Vegetable & Fruit items, Cigarette, Cinema Ch///arges, Petrol, Tailoring Charges, etc. The increase of 5 points in Madurai, Howrah, Chennai, Lucknow and Warrangal centres is due to increase in the prices of Rice, Arhar Dal, Poultry (Chicken), Fish Fresh, Eggs (Hen), Vegetable & Fruit items, Petrol, Tailoring Charges, etc. The decrease of 2 points in Ludhiana centres is mainly due to decrease in the prices of Onion, Vegetable & Fruit items, Firewood, etc. and the decrease of 2 points in Mysore is due to decrease in the prices of Rice, Vegetable & Fruit items, etc.

The indices in respect of the six major centres are as follows :
1. Ahmedabad 205
2. Bengluru 211
3. Chennai 197
4. Delhi 188
5. Kolkata 200
6. Mumbai 212

The point to point rate of inflation based on CPI-IW(General) for the month of June, 2012 is 10.05% as compared to 10.16% in May, 2012. Inflation based on Food Index declined to 10.45% in June, 2012 from 10.61% in May, 2012.

The CPI-IW for July, 2012 will be released on the last working day of the next month, i.e. 31st August, 2012.

PIB

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Expected DA From Jan 2012

admin — Wed, 13 Jun 2012 12:57:53 +0000

Expected DA From Jan 2012

Expected Dearness Allowance from January 2012

Dearness allowance is the most important factor than everything like allowance, increment and any privileges. Nowadays, it’s difficult to lead a normal life cope with the current salary, the additional Dearness allowance has been compensated the huge price hike in essential commodities. Last term, the second additional instalment of this year, 7% of DA sanctioned by cabinet. Now the total of the dearness allowance for Central Government employees and Pensioners will be calculated for 58% from the basic salary and pension.

Expected DA from Jan 2012..?

Wait for two more months..!

Month/Year	AICPIN (Basic Year 2001=100)	Total of 12 Months(Previous)	12 Months Average	% Increase over 115.76	Approximate DA	DA %
Jan-06	119					0
Feb-06	119					0
Mar-06	119					0
Apr-06	120					0
May-06	121					0
Jun-06	123					2
Jul-06	124					2
Aug-06	124					2
Sep-06	125					2
Oct-06	127					2
Nov-06	127					2
Dec-06	127	1475	122.92	7.16	6.18	6
Jan-07	127	1483	123.58	7.82	6.76	6
Feb-07	128	1492	124.33	8.57	7.41	7
Mar-07	127	1500	125.00	9.24	7.98	7
Apr-07	128	1508	125.67	9.91	8.56	8
May-07	129	1516	126.33	10.57	9.13	9
Jun-07	13	1523	126.92	11.16	9.64	9
Jul-07	132	1531	127.58	11.82	10.21	10
Aug-07	133	1540	128.33	12.57	10.86	10
Sep-07	133	1548	129.00	13.24	11.44	11
Oct-07	134	1555	129.58	13.82	11.94	11
Nov-07	134	1562	130.17	14.41	12.44	12
Dec-07	134	1569	130.75	14.99	12.95	12
Jan-08	134	1576	131.33	15.57	13.45	13
Feb-08	135	1583	131.92	16.16	13.96	13
Mar-08	137	1593	132.75	16.99	14.68	14
Apr-08	138	1603	133.58	17.82	15.40	15
May-08	139	1613	134.42	18.66	16.12	16
Jun 08	140	1623	135.25	19.49	16.84	16
Jul-08	143	1634	136.17	20.14	17.63	17
Aug-08	145	1646	137.17	21.41	18.49	18
Sep-08	146	1659	138.25	22.49	19.43	19
Oct-08	148	1673	139.42	23.66	20.44	20
Nov-08	148	1687	140.58	24.82	21.44	21
Dec-08	147	1700	141.67	25.91	22.38	22
Jan-09	148	1714	142.83	27.07	23.39	23
Feb-09	148	1727	143.92	28.16	24.32	24
Mar-09	148	1738	144.83	29.07	25.11	25
Apr-09	150	1750	145.83	30.07	25.98	25
May-09	151	1762	146.83	31.07	26.84	26
Jun-09	153	1775	147.92	32.16	27.78	27
Jul-09	160	1792	149.33	33.57	29.00	29
Aug-09	162	1809	150.75	34.99	30.23	30
Sep-09	163	1826	152.17	36.41	31.45	31
Oct-09	165	1843	153.58	37.82	32.67	32
Nov-09	168	1863	155.25	39.49	34.11	34
Dec-09	169	1885	157.08	41.32	35.70	35
Jan-10	172	1909	159.08	43.32	37.42	37
Feb-10	170	1931	160.92	45.16	39.01	39
Mar-10	170	1953	162.75	46.99	40.59	40
Apr-10	170	1973	164.42	48.66	42.03	42
May-10	172	1994	166.17	50.41	43.54	43
Jun-10	174	2015	167.92	52.16	45.05	45
Jul-10	178	2033	169.42	53.66	46.35	46
Aug-10	178	2049	170.75	54.99	47.50	47
Sep-10	179	2065	172.08	56.32	48.65	48
Oct-10	181	2081	173.42	57.66	49.81	49
Nov-10	182	2095	174.58	58.82	50.81	50
Dec-10	185	2011	175.92	60.16	51.97	51
Jan-11	188	2127	177.25	61.49	53.12	53
Feb-11	185	2142	178.50	62.74	54.20	54
Mar-11	185	2157	179.75	63.99	55.28	55
Apr-11	186	2173	181.08	65.32	56.43	56
May-11	187	2188	182.33	66.57	57.51	57
Jun-11	189	2203	183.58	67.82	58.59	58
Jul-11	193	2218	184.83	69.07	59.67	59
Aug-11	194	2234	186.17	70.41	60.82	60
Sep-11	197	2252	187.67	71.91	62.12	62
Oct-11	198	2269	189.08	73.32	63.34	63
Nov-11
Dec-11	Expected					65

We hope that the additional dearness allowance from January 2012 for Central Government Employees and Pensioners will be more than 6%.

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Expected DA from July 2012 may be 7% again

admin — Sun, 10 Jun 2012 14:39:46 +0000

Central D.A. from July’12 may be 7% again.

Subject to AICIN data for the next two months remaining in the current level, the following assumption is being made.

The AICPIN data for April 12 has been recently published. It rises to 4 points and reached 205. We know that D.A. is calculated on the basis for 12 months average. To calculate the D.A. payable from 1st July 2012, we need the figures of May and June 2012 which are to be released on 30.06.12 and 31.07.12 respectively. If the data remains for the next two months in the same level, i.e. 205, the hike will be 7%. Even if it marginally drops 1 point in any of the months, the rise will be still 7% which will take the total D.A. to 72%.

Considering the latest hike in petrol price, it is unlikely that the index may drop in the next months. So we can guess the next D.A. hike @7%, revising our previous guess work.

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