What is the da for central govt employees16.02.2021
Central Government Employees – Current Dearness Allowance Rate
DA is calculated on the percentage fixed by the Central Government from time to time as per the calculation method prescribed by the pay commission. The percentage of basic pay is Dearness Allowance. The formula for DA Calculation is common for 5th . Expected DA Hike for Central Government Employees Dearness Allowance is a major and progressive salary component for the employees of the Indian Government. Once in twice or once in six months, the percentage of Dearness Allowance is increased based on the Consumer Price Index for Industrial Workers Base Year = [ Click to read more ].
This will benefit about The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, had approved this increase of the dearness allowance rate to the central government emplyoees in its meeting held on Friday, Centrall 13, In accordance with the accepted formula based on the recommendations of the Seventh Central Pay Commission 7th CPCthe dearness allowance is admissible on the basic pay to all categories of the central government employees.
To compensate the central government employees for the rising cost of living, the dearness allowance is sanctioned twice a year and is payable from 01 January and 01 July. Effective July 01,the revision of the dearness allowance for the central cental employees is based on cost of living index.
As per the normal dhat, the Government of India uses CPI-IW data for the past 12 months to calculate any dearness allowance hike for the central government employees. Accordingly, the retail inflation for industrial workers from January 01, to December 31, was used to compute the increase in dearness allowance vor time.
The retail inflation what you heard about me 50 cent industrial workers between July 01, and June 30, will be used to compute the increase in dearness allowance with effect from July 01, Thus, the revised dearness allowance for the central government employees is likely to be 26 percent of the basic pay with effect from July 01, Indian Government — Plans, Policies, and Projects.
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Feb 26, · Central government employees are eagerly waiting for the announcement of their Dearness Allowance (DA) and restoration of the 4 per cent DA announced by Prime Minister .
The three installments of dearness allowance for central government employees and DR for pensioners, due on January 1, , July 1, and January 1, , were frozen in view of the COVID pandemic. New Delhi: 7th Pay Commission latest updates --Over 50 lakh central government employees and more than 65 lakh pensioners, eagerly waiting for the implementation of hike in Dearness Allowance may see a hike of upto 28 percent from 17 percent in the month of July.
The reports further mention that after the DA is reinstated, the Dearness Allowance of the central employees may increase from 17 percent to 28 percent. This includes a 3 percent increase in DA from January to June , a 4 percent increase from July to December , and a 4 percent increase from January to June Minister of State for Finance, Anurag Thakur had in March this year told Parliament that the employees will get full benefits of dearness allowance starting July 1 and all the three pending installments will be restored prospectively.
However, what may upset the central government employees is that any increase in DA from July 1 will only be effective from that day, which means that the employees would not get any arrears on non-revision of DA for previous period. In a written reply to the Rajya Sabha, Thakur said: "As and when the decision to release the future installments of Dearness Allowance due from As per some reports available in the media, the central government employees must keep in mind 7th CPC Fitment Factor of 2.
This means as per the 7th Pay Commission Fitment Factor, if an employee draws a monthly basic salary of Rs 21, then one's monthly 7th CPC salary hike will be Rs 51, Rs 20, x 2.
At present, central government employees get DA of 17 per cent. This level of DA became effective from July with further revision due from January But this along with subsequent two other revisions were suspended due to Covid. Last year, the Union Cabinet had approved a 4 per cent increase in DA for government employees and pensioners to 21 per cent.
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