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Thursday 14 March 2024
Odisha Government hikes dearness allowance by 4%
Tuesday 12 March 2024
Revision of rates of DA to CG Employees effective from 01.01.2024
Thursday 7 March 2024
Cabinet approves additional instalment of Dearness Allowance @4% w.e.f. 1st January, 2024
Cabinet approves additional instalment of Dearness Allowance and Dearness Relief to Central Government employees and pensioners
49.18 lakh employees and 67.95 lakh pensioners to benefit
4% benefit to cost Rs.12,868.72 crore per annum to exchequer
The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2024 representing an increase of 4% over the existing rate of 46% of the Basic Pay/Pension, to compensate against price rise.
The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.12,868.72 crore per annum. This will benefit about 49.18 lakh Central Government employees and 67.95 lakh pensioners.
This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.
***
DS/SKS (Release ID: 2012367)
Friday 5 January 2024
Consumer Price Index for Industrial Workers - November 2023
Saturday 18 November 2023
Friday 20 October 2023
Sanction of Dearness Allowance @4% enhancing over existing rate from 42% to 46% w.e.f. 01.07.2023
- Additional dose of DA @4%
- DA enhanced from 42% to 46% Effective from 01.07.2023
- Additional dose of DA will be drawn in the pay bill of October, 2023 and onwards
- Arrears to be drawn after salary of October, 2023
CLICK HERE TO VIEW / DOWNLOAD. PDF
CM announces DA hike of 4% for State Government Employees
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Office of the CM | 20th Oct, 2023
CM announces 4% DA hike for Govt employees and pensioners.
Hon'ble CM Sri Naveen patnaik today announced 4% increase in Dearness Allowance (DA) and Dearness Relief (TI) for Govt employees and pensioners.
•The State Government announced release of 4 percent additional dose of Dearness Allowance (DA) and Dearness Relief (TI) in favour of State Government Employees and Pensioners respectively to enhance the rate from 42% to 46%.
•The enhanced DA and TI will be paid from 1st July, 2023 retrospectively.
•This will benefit 4.5 lakh State Government employees and 3.5 lakh pensioners.
Wednesday 18 October 2023
Cabinet approves 4% hike in DA for central government employees
Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 01.07.2023
48.67 lakh Central Government Employees and 67.95 lakh pensioners to benefit
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2023 representing an increase of 4% over the existing rate of 42% of the Basic Pay/Pension, to compensate against price rise.
Friday 4 August 2023
AICPIN for June 2023 : Expected DA 46%
Consumer Price Index for Industrial Workers (2016=100) for the month of June, 2023 has been issued by Labour Bureau, Government of India. The All India CPI-IW for June,, 2023 has been increased by 1.7 points and stood at 136.4. Hence, if calculated, as per formula, the Dearness Allowance is expected 46%. Note : At present, Central Government employees are availing DA @ 42% w.e.f. 01.01.2023 Click here to know more about Dearness Allowance and it's calculation method. |
Tuesday 13 June 2023
Thursday 6 April 2023
Monday 3 April 2023
Saturday 25 March 2023
Central Government hikes DA rate by 4℅
Cabinet
Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 01.01.2023
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has given its approval to release an additional instalment of Dearness Allowance to Central Governments employees and Dearness Relief to Pensioners with effect from 01.01.2023. The additional instalment will represent an increase of 4% over the existing rate of 38% of the Basic Pay/Pension, to compensate against price rise.
The combine impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.12,815.60 crore per annum.
This will benefit about 47.58 lakh Central Governments employees and 69.76 lakh pensioners.
This increase is in accordance with the accepted formular which is based on the recommendations of the 7th Central Pay Commission.
*****
DS (Release ID: 1910513)
Thursday 2 February 2023
Expected DA from January @ 42%
AICPIN |
The expected Dearness Allowance from January 2023 is 42% and it can be assumed as final based on AICPIN for December, 2022 which has been published on 31st January, 2023 by labour bureau.
Consumer Price Index for Industrial Workers (2016=100) for December, 2022 decreased by 0.2 points and stood at 132.3 points.
Average AICPIN for last twelve months :
[125.1+125.0+126.0+127.7+129.0+129.2+129.9+130.2+131.3+132.5 + 132.5 + 132.3] x 2.88 / 12 =372.144
Hence, expected DA for January, 2023
= (372.144-261.4) /261.4 x 100 = 42.35
Friday 30 December 2022
Odisha Government announces DA hike by 4% to its staff
The Odisha government has given New Year 2023 gift to its employees. It announced hike in the Dearness Allowance (DA) and TI by 4% (i.e. from the existing 34% to 38%) for the state employees which will be effective retrospectively from July 1, 2022.
Friday 16 December 2022
AICPIN stood at 132.5 for October, 2022 : Expected DA @42% in January, 2023
The expected Dearness Allowance January 2023 is 42% and its may vary from upcoming AICPIN data.
The Indian government releases data about inflation and the expected Dearness Allowance percentage is calculated as a percentage of the current month Consumer Price Index (CPI). It is based on the assumption that the price of goods sold will increase in line with inflation.
Calculation:
Average AICPIN for last twelve months :
[125.7+125.4+125.1+125.0+126.0+127.7+129.0+129.2+129.9+130.2+131.3+132.5] x 2.88 / 12 = 368.88
Hence, expected DA for October, 2022
= (368.88-261.4) /261.4 x 100 = 41.12
DA Arrears of 18 months : No hope
Monday 3 October 2022
Revised Dearness Allowance for CG Employees at 4% hike wef 01.7.2022
No. 1/3/2022-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated the 3rd October, 2022.
OFFICE MEMORANDUM
Subject: Revision of rates of Dearness Allowance to Central Government employees- effective from 01.07.2022.
The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/2/2022-E-II(B) dated 31.03.2022 on the subject mentioned above and to say that the President is pleased to decide that the rate of Dearness Allowance payable to Central Government employees, shall be enhanced from 34% to 38% of the Basic Pay with effect from 1st July, 2022.