Union Cabinet may approve 10% DA hike next Friday

 It seems that Union Cabinet is going to approve hiking 10% dearness allowances which increases existing dearness allowances from 90% to 100%. If it happens it will be beneficiary for 50 lakh central government employees and near about 30 lakh pensioners.

An official said, 'Union Cabinet is going to take a proposal to hike in dearness allowances for its employees from 90% to 100% next Friday.

As per provisional data of CPI (Consumer Price Index) for Industrial workers of past 12 months the retail inflation for Industrial workers was at 9.13 percent. So, DA hike would not be less than 10 percent which would effect from 1st January 2014,
according to the official. Lets see what happens  in Cabinet meeting on next Friday i.e. on 28th February,2014.

New Simplified Pension Form for Central Govt. Pensioners

A new pension form has been introduced by Government of India for its retired employees to simplify the process of sanctioning pension. This form will obsolete the process of submitting of affidavits.

Sanjay Kothary who is the Secretary to the Department of Administrative Reforms,Public Grievances & Pension said that this 'FORM 5' will record all information on the basis of self attestation by the individuals.Employee's mobile number and email id will also be collected for further correspondence. This new system is introduced to simplify the process for the benefits of all retired Central Government Employees.

Central Govt may merge 50% DA with Basic Pay

After a huge pressure from different unions of central govt employees, Central Government is ready to merge 50% DA with basic pay to all central govt employees.Before Loksabha election Central Govt. gave a proposal of merger Dearness Allowances with the basic pay to the newly constituted seventh pay commission.This steps of the Government may help 50 lakh Employees and near about 30 lakh pensioners,it is really a great relief for them.
 

Last time Central Government announced 10% DA effected from 1st July, 2013.After that,It is assumed that hike in DA will not be less than 10% which will be effected from 1st January, 2014.With this total DA will be 100% of the basic pay.Now 50% DA was merged with basic pay according to 5th CPC, but 6th Central Pay Commission didn't recommended about the merger of Dearness Allowances with the basic pay.Now the proposal about the merger of  DA if accepted by 7th CPC, then there will be a huge increase in salary to the central govt employees as a major increase of basic pay and HRA. Also a minor increase will be seen in other allowances.

Source: Economic Times
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