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Centre gives 6% DA hike to employees and pensioners.

March 23, 2016 5 Comments

Centre  gives  6% DA hike to employees and pensioners

New Delhi: The Union Cabinet on Wednesday gave a Holi gift to central government employees with a 6% hike in the dearness allowance.

With this move, the DA will go up to 125% from existing 119%, benefitting over 10 million employees and pensioners.

The new rate of DA is expected to be implemented from January 1, 2016, which will be applicable for 4.8 million central government employees and 5.5 million pensioners. DA is paid as a proportion of basic pay of employees.

The proposal to hike DA is moved by the Finance Ministry on the basis of accepted formula for calculation. The Union Cabinet approves the DA hike for its employees.

Earlier in September 2015, DA was increased to 119 per cent from 113 per cent which was effective from July 1, 2015.
In April 2015, the government had hiked DA by 6 percentage points to 113 per cent of their basic pay with effect from January 1, 2015.

Source : IBNLive

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Filed Under: Central Government Employees News, DA, Dearness Allowance

Reader Interactions

Comments

  1. YS Bhandari says

    March 23, 2016 at 10:48 AM

    govt has increased DA by 6% to central govt employees & pensioners, they have not yet declared implementation of the 7th pay commissions recommendations. It should also be declared forthwith.

    Reply
  2. YS Bhandari says

    March 23, 2016 at 11:02 AM

    The Central Govt. is out of achchhe din, now people of the country are really awaiting for achchhe din after the end of this modi govt.

    Reply
  3. Shaila Avadhut pandit , w/o late Sgt A pandit says

    March 23, 2016 at 12:21 PM

    Gud decision,

    Thanks, 4 new Government,
    Please think and decide to Defence ppls, paramilitary, security forces , still they are unprofitable,
    Iam family pensioners, satisfied but still think our new generation, who served in army,
    To get their right,
    Jay Hind

    Reply
  4. Bilal mir says

    March 23, 2016 at 12:36 PM

    Nice gift on holi by modi govt to govt employees n pensioners

    Reply
  5. Divedi Umashankar says

    March 23, 2016 at 1:20 PM

    Since 7th CPC has recommended 2.57 as multiplication factor for pension fixation wet 01.01.16, once 7th CPC is implemented this DA will automatically vanish.

    Reply

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