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Dearness Allowance from January-2013: Govt may approve hike to 80% tomorrow

Union Cabinet likely to approve dearness allowance hike to 80% tomorrow: Indian Express

Union Cabinet is likely to approve tomorrow a proposal to increase dearness allowance (DA) to 80 per cent from existing 72 per cent benefiting about 50 lakh employees and 30 lakh pensioners of the central government.
The Union Cabinet may consider the finance ministry proposal to increase the DA by 8 per cent to 80 per cent in its meeting scheduled for tomorrow”, a source said.
The hike would be effective from January 1, 2013 and the employees and pensioners would be entitled for arrears, he said.
The government had hiked DA to 72 per cent in September last year, which had come into effect from July 1, 2012.
“It is good that they are increasing DA. We demand that they should merge up to 50 per cent DA with the basic pay as per the practice and set up the seventh pay commission at the earliest”, Secretary of Confederation of Central Government Employees, K K N Kutty said.
As per the practice, the DA is merged with basic pay when it breaches the 50 per cent cap. This helps employees get higher allowances as those are paid as proportion of the basic pay.

Central govt employees to get 8% higher DA: Business Standard

Move will benefit about 50 lakh employees and 30 lakh pensioners of the Central government
Central government employees and pensioners are set to get 8% higher dearness allowance from January one, 2013. 
The decision is expected to be approved by the Union Cabinet at its meeting later this week, those in know of the development said.
The move will benefit about 50 lakh employees and 30 lakh pensioners of the Central government to help them fight inflation.
The current rate of DA is 72% of basic pay, which will be raised to 80%.  
The government periodically hikes DA, which is linked to consumer price index for industrial workers. Inflatoin based on CPI (IW) has been in double digits of late.

केंद्रीय कर्मियों को मिलेगा तोहफा, बढ़ेगा महंगाई भत्ता: Hindi.in.com

नई दिल्ली। आज का दिन 50 लाख केंद्रीय कर्मचारियों के लिए बड़ी राहत की खबर वाला साबित हो सकता है। सूत्रों के मुताबिक मनमोहन सरकार आज केंद्रीय कर्मचारियों के महंगाई भत्ते में आठ फीसदी तक की बढ़ोतरी कर सकती है।

फिलहाल देश के केंद्रीय कर्मचारियों को 72 फीसदी महंगाई भत्ता मिलता है।आज इसके 80 फीसदी हो जाने की उम्मीद है। इसका फायदा 30 लाख पेंशन भोगियों को भी मिलेगा। सूत्रों के मुताबिक ये बढ़ा हुआ महंगाई भत्ता एक जनवरी, 2013 से लागू होगा।

Read on http://hindi.in.com/

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Read on Indian Express

Read on http://www.financialexpress.com/

Read on Business Standard

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