The government today 28 February 2014 brought up dearness allowance to 100 %, from 90 %, benefiting its 50 lakh personnel and 30 lakh pensioners.
Deciding to hike DA to its employees, and to provide dearness relief intended for pensioners, by 10 % to 100 % was taken from the Union Cabinet within its meeting held here.
"The Union Cabinet has approved the proposal to hike Dearness allowance to its employees and dearness relief to its pensioners to 100 % in its meeting held here, inches a source said.
This increase inside the dearness allowance from the UPA-2 government comes ahead of the imposition of the model code of conduct from the Election Commission.
The code probably will come into force while using the announcement of the schedule for your forthcoming general elections in a week.
Also it will be the second double digit DA hike in a very row. The government received announced a hike of 10 % to 90 % in September not too long ago, effective from Come july 1st 1, 2013.
The new hike in DA could be effective from the January 1 this year.
As per training, the government uses Consumer Price Index- Industrial Workers data from the past 12 months to reach at a quantum when considering any DA hike. Thus, the retail store inflation for industrial workers between Economy is shown 1 to 12 31, 2013 was used to take a final contact the matter.
In line with the provisional data unveiled by government with January 31, the retail inflation intended for factory workers within December was 9. 13 %. The revised retail store inflation data intended for January is scheduled to become released today.
An official received said earlier that the preliminary assessment suggests that DA hike are not less than 10 % and would be efficient from January 1.
Tags-dearness allowance,da rate 2014,da 2014,da rate 2014,da hike in 2014
UNABASHED HIKES APPROVAL on FIXED COSTS OF GOVT.MACHINERY with the ONLY MOTIVE of GARNERING VOTES from the GOVT.EMPLOYEES VOTE BANK is gonna BECOME a MEGA UNAMANAGEABLE BURDEN ON TAX PAYING PUBLIC
ReplyDelete