• 7th Pay Commission

    Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which will revise the salaries of over 50 lakh central government employees.

  • 50% DA MERGER

    Federation demanded the central government to merge the 50 Percent DA with basic Pay. ...

  • DA JULY 2014

    Let us move on to ‘Expected dearness allowance from July 2014’. ...

  • RETIREMENT AGE 62

    Promotion would be greatly affected due to no retirement in the long span. ...

  • LDC-UDC ISSUES

    LDC-UDC whose cases have been ignored by successive pay commissions and Governments with regard to the payment of equal pay for equal work ...

Monday, May 30, 2011

DEARNESS ALLOWANCE (DA) JULY 2011

After the implementation of Dearness allowance w.e.f January, 2011, all are looking for the next Dearness allowance which should be implemented from July, 2011. As per the 6th Central Pay Commission, all Central Government Employees get Increment from the month of July every year. But D.A is much emphasized than increment. The increment gives only 3% of Basic Pay, but D.A may be more than that and gives more monetary benefit than increment. So people awaiting the declaration of D.A than increment.

The financial website comes with the expectations and calculations of new Dearness Allowance, which would be implemented w.e.f July, 2011. This time The Government tried maximum to catch hold the inflation and the rate of inflation came down on February from the month of January, 2011 (188 to 185) and remain constant in March, 2011. The Consumer price index number of April, 2011 will be published on the end of May, 2011 and there may not be much increase. As per the present scenario the Dearness Allowance may be 55% and may be increased a little bit more.

But due to the recent increase of the price of petrol and the expected increase of the price of other petroleum products, the cost of almost all essential commodities may go up and the All India Consumer Price Index also may go up simultaneously. Then the possibility of Dearness allowance also may go up to 59% or may touch 60% which is very difficult predict right now.

We hope that the Government will try maximum to bring down the cost of living and consumer price index. The increase of cost of living gives a hard time for the people

Source:investment and money.com

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2 comments:

Not sufficient d.a praposal 8 or 9 % d.a.of central gov.employees due to heavy increase mahangai.

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