DEARNESS ALLOWANCE FOR CENTRAL GOVERNMENT EMPLOYEES INCREASED
The cabinet committee today ,in its meeting headed by The Prime Minister, decided to increase the the D.A by 10%. Hike in the Dearness Allowance (D.A) will be from 35% to 45%.w.e.f.July 2010
Release of additional instalment of dearness allowance to Central Government employees and dearness relief to Pensioners due from 1.7.2010 to compensate for price rise
The Union Cabinet today decided to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2010 representing an increase of 10% over the existing rate of 35% of the Basic Pay/Pension, to compensate for price rise.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief will be of the order of Rs. 9303.2 crore per annum and Rs. 6202.1 crore in the financial year 2010-2011 (for a period of 8 months from July,2010 to February, 2011).
-pib-
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By hiking 10% Dearness Allowance though for couple of months ;we , as Govt Servants may be able to fight this monster of an inflation a wee bit .Will the monster enlarge or shorten in size is what the months ahead only will reveal. Current non-stop spiraling upwardly behavior only too clearly indicates that from Jan 2011 inflation will unabatedly keep hitting us the common man hard as is the case this day today for months to come .If I may gauge futuristically my guesstimates tell me that there will be a similar %age hike again in the offing so look out for this space .
Thanks to union cabinet for increase DA 10% from Jul 2010
Shillong
Sirotmani maddiraja
Thanks to Union cabinet to release DA 10% to cg staff from jul’10
Siromani.Hyd-1
thanks for news on DA/July 2010
dashahara ki khusi manao bhai…..
Thank you for news on Dearness Allowance
Thank you for the update on the cabinet decision on the July 2010 D.A