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Thursday, 27 October 2016

Good News Monghvari bhathha ma 2 % no vadharo jaher karti kendra sarkar.

7th Pay Commission: Union Cabinet approves 2% DA hike for Central Govt employees, pensioners

Kendra Sarkar na karmchario Na DA ma 2 % No vadharo

Good News Monghvari bhathha ma 2 % no vadharo jaher karti kendra sarkar

The Union Cabinet has cleared 2 percent hike in dearness allowance (DA) at a meeting held on Thursday. The hike will be effective from July 2016. The decision will benefit about 50 Central government employees and comes days ahead of Diwali.
"The proposal to provide 2% dearness allowance and dearness relief to central government employees and pensioners respectively, is listed on agenda of the Union Cabinet meeting scheduled for tomorrow," PTI quoted an official familiar with the matter as saying.

Cabinet aprrove 2% DA

New Delhi: In what could bring cheers to 50 lakh central government employees and 58 lakh pensioners ahead of Diwali, the Union Cabinet on Thursday approved 2 percent hike in dearness allowance to be effective from July 1, 2016.

Dearness allowance and dearness relief is provided to employees and pensioners to neutralise the impact of price rise on their earnings.

Earlier this year the government hiked Dearness Allowance by 6 percent to 125 percent of the basic pay.

The DA was later merged into the basic pay following implementation of 7th Pay Commission award.

The central government employee unions want that the DA should be increased by 3 percent and not 2 percent which is being considered by the centre.

As per the agreed formula, government increases DA on the basis of 12-month average of the retail inflation and does not consider the price rise rate beyond decimal point for deciding the rate of dearness allowance.

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