Sunday, October 23, 2016

Dearness Allowance announcement before Diwali ?

Base year for every pay commission
Pay Commission
Base Year
3rd Pay Commission
1960 =100
4th Pay Commission
1982=100
5th Pay Commission
1982=100
6th Pay Commission
2001=100
7th Pay Commission
2011=100  (expected)

During September 1st week JCM Staff side Secretary writes letter to Ministry of Finance with the subject “Future computation of Dearness Allowance and adoption base index figure to Revised Minimum Wage”, in this letter Union demands to grant of 3% dearness allowance with effect from 1.7.2016, even though there is no official announcement from the government. Even all the state government employees are waiting for the announcement from the Central government.

And again last week Union writes letter to the Secretary, Ministry of Finance to grant the dearness allowance at the earliest.

Dearness allowance from 01/07/2016 should be 3%

Dearness Allowance (DA) Formula after 7th Pay Commission (assumption)

=((12 Months Average of AICPIN)-261.4)*100/261.4)

All the government employees are eagerly waiting for the announcement from the government. As per the source the dearness allowance announcement will be released before Diwali festival. Hope this announcement will be a Diwali gift for Central government employees.

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