Haryana Finance Minister Ajay Singh Yadav today announced to enhance the rate of Dearness Allowance (DA) payable to the State Government employees from existing 45 to 51 per cent and it would be given in cash with effect from January 1, 2011. Yadav said an increase of six per cent has been made in the … Read more
The government today increased dearness allowance (DA) by 6 per cent to 51 per cent, benefiting over 50 lakh central government employees and 38 lakh pensioners.
“The decision to hike DA was taken by the Union Cabinet at its meeting here,” a Union minister said.
The combined impact of the hike will be Rs 5,715.90 crore per annum. However in the next financial year, the burden on the exchequer would be Rs 6,668.52 crore after the additional 6 per cent DA payout is factored in from January 1 to March 31 this year.
The increased DA, which will be effective from January 1, is provided to government staff and pensioners to compensate them for rising prices.
Presently, the DA is paid at 45 per cent of basic pay.The increase in DA by 6 per cent would be in accordance withthe formula prescribed by the Sixth Pay Commission for central government employees.
GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) S.No.PC-VI/247 No.PC-V/2009/A/DA/1 RBE No.17/2011 New Delhi, dated 13-02-2011 The General Managers/CAO(R), All Zonal Railways & PUs (As per standard mailing list) Sub: -Rates of Dearness Allowance applicable w.e.f. 1.1.2010 and 1.7.2010 to the Railway employees continuing to draw their pay in the pre-revised scale. … Read more
F. No. 42/18/2010-P&PW(G) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi – 110003 Date: 27th October, 2010 OFFICE MEMORANDUM Subject : Grant of Dearness Relief to Central Government pensioners who are in receipt of provisional pension or pension … Read more
Dearness Allowance – January 2011 Dearness Allowance for the month of January, 2011. Mon/Year AICPIN DA %(Old) DA %(New) Enhanced % Jan – 2010 169 27% 35% 8% Jul – 2010 174 35% 45% 10% Jan – 2011 – 45% Expected above 50% – when the Dearness Allowance goes up 50%, it gives some … Read more