Expected dearness allowance from July 2014

Expected dearness allowance from July 2014

         Recently the issue of 50% DA Merger has reached the peak of expectations. Though the central government knew this development, the govt has knowingly said nothing against or favor of 50% DA Merger. Its silence on this important issue simply added the fuel to the fire of expectation. After the Election announcement, the hope on 50% DA merger is now slowly eroding. Many central government employees Federations expressed their disappointment with 7th CPC Terms of reference and merger of 50% DA was not considered by central government. After this disappointment the central government employees are now getting back to their routines. So they have started thinking about what next..!

        As the rate of dearness allowance from January 2014 has been declared, the necessary order for payment of Additional installment of Dearness Allowance from January 2014 has to be issued by Finance Ministry. The enhanced rate of Dearness allowance will be paid w.e.f .1.1.2014. The enhanced rate will be paid with the disbursement of salary for the month of March 2014. The increase of dearness allowance became due from January 2014 to February 2014 will be paid as arrears.

Let us move on to ‘Expected dearness allowance from July 2014’

what will be the rate of DA from July 2014 ?

          The AICPIN for Industrial Workers for Seven Months from July 2013 to January 2014 have been released by Labour Bureau. The AICPIN for last two Months i.e December2013 and January 2014 have been declined by 4 and 2 points and pegged at 239 and 237 respectively. At present it is quite difficult to predict the trend of the Consumer Price Index for remaining 5 Months, as so many factors like election and policies of new government involved in it.

However, according to these seven months AICPIN, we have three Probabilities …

No
Probabilities
Increase in Dearness allowance from July 2014
Total DA from July 2014
1
If this declining trend continues for remaining 5 Months by 1 or 2 points
3%
103%
2
If it continues with movement between plus or Minus 2 points
5%
105%
3
If it continues with increasing trend by 2 points
7%
107%

According to the AICPIN released till now, the above possibilities have been arrived. As per above prediction the expected dearness allowance from July 2014 will be from 103% to 107%


NMC pleads with seventh CPC for merger of 50% DA

NMC pleads with seventh CPC for merger of 50% DA


Jammu: President of the National Mazdoor Conference (NMC) Subash Shastri on Monday pleaded that seventh pay commission should recommend to the central government for merger of 50% Dearness Allowance (DA) and payment of 20% interim relief in favour of empoyees till the commission submit its final report to the central government.

He pointed out that inflation has its worst impact on government employees. High prices of day-to-day goods make it difficult for government employees to afford even the basic commodities in their lives.
He also urged the seventh central pay panel to commence visits of various states of the country to discuss with all the stake holders for devising formula for finalizing its recommendations well in time.

Addressing a rally of NMC activists here, Shastri said that a calendar of meetings with representatives of central government employees and pensioners organizations, state governments and all other concerned should be drawn up so that recommendations of the seventh CPC are simultaneously implemented in favour of both centre and state governments employees and pensioners and there are no anomalies, whatsoever, while implementing the report of the commission.

Shastri suggested that seventh central pay panel should be also recommended to the central government to arrange the resources for the states having facing financial constraints to enable them to implement its all recommendation in one go.

Source : http://tkbsen.in/2014/03/nmc-pleads-with-seventh-cpc-for-merger-of-50-da/

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