Expected DA from Jan 2016 – CG Staff News https://cgstaffnews.in Gazetted Holiday List ✓ Restricted Holiday List ✓ School Holiday List ✓ Election Holidy List ✓ Court Holiday List Fri, 05 Jul 2019 06:53:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://cgstaffnews.in/wp-content/uploads/2020/08/cropped-cgstaffnews-logo-32x32.jpg Expected DA from Jan 2016 – CG Staff News https://cgstaffnews.in 32 32 125 percent DA likely to be paid from January 2016 https://cgstaffnews.in/125-percent-da-likely-to-be-paid-from-january-2016/ https://cgstaffnews.in/125-percent-da-likely-to-be-paid-from-january-2016/#respond Mon, 01 Feb 2016 05:52:37 +0000 http://www.cgstaffnews.in/?p=4858 Read more]]> 125 percent DA likely to be paid from January 2016

DA from January 2016 Finalized by AICPIN for month of December 2015

LABOUR BUREAU, MINISTRY OF LABOUR & EMPLOYMENT has released the All India Consumer Price Index for Cabinet approval for DA from January 2016Industrial employees for the Month of December 2015 on 29th January 2016. The All-India CPI-IW for December, 2015 decreased by 1 point and pegged at 269. However, this month AICPIN most eagerly expected by all the central government employees. Because this is the Final month of last 12 Months AICPIN to determine the Dearness Allowance to be paid from January 2016

S.No Month AICPIN
1 January,2015 = 254
2 February,2015 = 253
3 March,2015 = 254
4 April,2015 = 256
5 May,2015 = 258
6 June,2015 = 261
7 July,2015 = 263
8 August,2015 = 264
9 September,2015 = 266
10 October,2015 = 269
11 November, 2015 = 270
12 December, 2015 = 269
AICPIN average = 261.41

As expected, the Percentage of DA from January 2016 will be raised to 125% from existing 119% with the increase of 6%

The AICPIN for the Month of December 2015 released by Labor bureau, put an end to all debates and assumptions over expected DA from January 2016. Last 12 Months AICPIN from January 2015 to December 2015 are required to calculate the rate of DA to be paid from January 2016. So now the exact rate of DA can be calculated after last 12 Months AICPIN are available.

Since the AICPIN for December 2015 came down by one point to 269 from the previous months 270 points, affected the DA rate reaching 126 %. It is expected that AICPIN for the Month of December will increase by 2 points and peg at 272 points. In that case, the average 12 months AICPIN will be 261.66. If this average applied in the formula to calculate the DA , the DA from January 2016 will be 126.04 with the increase of six percentage . Since December AICPIN decreased by 1 points the average AICPIN for the past 12 Months stands at 261.41 and this is the factor which restricted the DA rate with 5% increase.

DA = ( Avg of AICPIN for the past 12 months – 115.76)*100 /115.76

= (261.41666 -115.76)*100/115.76

=125.826%

According to the prescribed formula to calculate the percentage of DA, the exact rate of Dearness Allowance to paid from January 2016 is 125%.

The decision of enhancing the rate of DA from January 2016 will be declared after the approval Union cabinet in the first week of March 2016

Source : www.govtstaffnews.in

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Central Government unlikely to announce DA in January https://cgstaffnews.in/central-government-unlikely-to-announce-da-in-january/ https://cgstaffnews.in/central-government-unlikely-to-announce-da-in-january/#respond Sun, 10 Jan 2016 17:49:38 +0000 http://www.cgstaffnews.in/?p=4608 Read more]]> Central Government unlikely to announce DA in January

New Delhi: All those central government employees unhappy with the recommendations of the 7th Central Pay Commission on salary hike, may be waiting for the Labour Ministry to announce the All India Consumer Price Index or AICPIN (for Industrial workers) for the month of December in January.

On the basis of AICPIN, government announces the Dearness Allowance( DA) for Central Government employees. The DA is paid to Central Government employees to adjust the cost of living and to protect their Basic Pay on account of inflation.

After all its a matter of one’s monthly salary hikes! It is not unfair to hope that AICPIN for December is high, resulting in the DA higher than 125%, which the 7th CPC pegged for calculating the minimum pay determination and the fitment factor for the new pay structure.

The government reviews the DA every six months. The Cabinet, in September, had approved a proposal to hike dearness allowance by 6 percent to 119 percent of the basic pay, effective from July 1, 2015.

if the DA announced in January is higher than 125%, government will be compelled to revise the new salaries.

Since the 7th PC has already merged the DA with the new pay, government is unlikely to announce DA in January 2016 at all.

When the 6th Pay Commission’s recommendations were implemented from January 2006 onwards, the DA for the months of January 2006 to June 2006 was not paid. DA was issued only from the month of June 2006.

Source: www.zeenews.india.com/

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Pay Commission Award To Be Implemented In April, No Separate DA To Be Announced https://cgstaffnews.in/pay-commission-award-to-be-implemented-in-april-no-separate-da-to-be-announced/ https://cgstaffnews.in/pay-commission-award-to-be-implemented-in-april-no-separate-da-to-be-announced/#respond Sun, 10 Jan 2016 17:49:28 +0000 http://www.cgstaffnews.in/?p=4611 Read more]]> Pay Commission Award To Be Implemented In April, No Separate DA To Be Announced

New Delhi: The recommendations of the Seventh Pay Commission award to review salaries of central government employees, will be implemented in April and no separate DA will be announced, Finance Ministry sources said.

“The cabinet will give its nod to implement the Seventh Pay Commission award in April after some modification and it will be effective from January 1, 2016,” the sources added.

After receiving the Seventh Pay Commission report on November 19, the government had formed the implementation cell of the pay commission headed by ar Joint Secretary in Finance Ministry on November 20 last year.

With an eye on implementation of Pay Commission award, the government will not hike the dearness allowance (DA) to 1119% from existing 125%. The DA hike will be merged with the new pay as the Pay Commission made report, assuming that the rate of Dearness Allowance would be 125 percent at the time of implementation of the pay commission recommendation, i.e. on January 1.

Hence, the government has bound to implement the Seventh Pay Commission award in April, they confirmed.

The notification to put into effect the Seventh pay commission recommendation will be issued in April before the announcement of West Bengal, Assam, Kerala and Tamil Nadu states assemblies’ election in May 2016, which will benefit 50 lakh central government employees and 52 lakh pensioners including dependents, sources of Finance Ministry said Wednesday.

“The BJP led central government decided execution time of the pay commission’s award in April, which will also be possible pre-election “special packages” for West Bengal, Assam, Kerala and Tamil Nadu to win sufficient seats of states Assemblies polls, sources told our reporters.

The Seventh Pay Commission was set up by the UPA government in February 2014, The Commission headed by Justice A K Mathur submitted its 900-page final report to Finance Minister Arun Jaitley on November 19, recommending 23.55 per cent hike in salaries and allowances of Central government employees and pensioners.

The panel recommended a 14.27 per cent increase in basic pay, the lowest in 70 years. The previous 6th Pay Commission had recommended a 20 per cent hike, which the government doubled while implementing it in 2008.

The Seventh pay commission recommended fixing the highest basic salary at Rs 250,000 and the lowest at Rs 18,000and its increased the pay gap between the minimum and maximum from existing 1:12 to 1: 13.8

The government constitutes the Pay Commission almost every 10 years to revise the pay scale of its employees and pensioners, often these are adopted by states after some modifications. However, the Seventh Pay Commission suggested to discontinue the practice of appointing pay commissions in future.

Source: TST

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Expected DA Jan 2016 : AICPIN for the month of October 2015 https://cgstaffnews.in/expected-da-jan-2016-aicpin-for-the-month-of-october-2015/ https://cgstaffnews.in/expected-da-jan-2016-aicpin-for-the-month-of-october-2015/#comments Tue, 01 Dec 2015 04:39:47 +0000 http://www.cgstaffnews.in/?p=3992 Read more]]> Expected DA Jan 2016 : AICPIN for the month of October 2015

No. 5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONV, SHIMLA-171004
DATED : 30th October, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2015

The All-India CPI-IW for September, 2015 increased by 2 points and pegged at 266 (two hundred and sixty six). On 1-month percentage change, it increased by (+) 0.76 per cent between August and September, 2015 which was static between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.78 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Urd Dal, Mustard Oil, Onion, Cauliflower, Green Coriander Leaves, Potato, Tea (Readymade), Sugar, Electricity Charges, Private Tuition Fee, Flower/Flower Garlands, etc. are responsible for the increase in index. However, this increase was restricted by Wheat, Fish Fresh, Poultry (Chicken), Eggs (Hen), Apple, Coconut, Tomato, Petrol, Washing Soap, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.14 per cent for September, 2015 as compared to 4.35 per cent for the previous month and 6.30 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.71 per cent against 3.55 per cent of the previous month and 6.46 per cent during the corresponding month of the previous year.

At centre level, Chhindwara reported the highest increase of 10 points followed by Varanasi (9 points), Pune, Tripura, Jalpaiguri and Bhilwara (6 points each). Among others, 5 points rise was observed in 5 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 16 centres and 1.point in 19 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Ernakulam 3 points. Among others, 2 points decrease was observed in 4 centres and 1 point in 2 centres. Rest of the 9 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next issue of CPI-IW for the month of October, 2015 will be released on Monday, 30th November, 2015. The same will also be available on the office website www. labourbureau.gov. in.

(S. S. NEGI)
DEPUTY DIRECTOR GENERAL

Source : labour Bureau

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AICPIN Points for the month of September to be released today https://cgstaffnews.in/aicpin-points-for-the-month-of-september-to-be-released-today-2/ https://cgstaffnews.in/aicpin-points-for-the-month-of-september-to-be-released-today-2/#respond Fri, 30 Oct 2015 05:24:11 +0000 http://www.cgstaffnews.in/?p=3694 Read more]]> AICPIN Points for the month of September to be released today

“2015 September’s All Inida Consumer Price Index Points for the purpose of Dearness Allowance calculation to be released today”

The last ‘Expected DA from Jan 2016’ calculations based on the 6th Pay Commission recommendations for Central Government employees and pensioners are already started. The fluctuation in the prices of essential commodities will be taken into account for this calculations. The september’s points of CPI for Industrial Workders base year 2001=100 for the calculation of additional DA and DR is expected to be released today. Already Labour Bureau released the statistics points of AIPCIN for the months of July and August. And today the third step is going to be completed.

The additional dearness allowance percentage from January 2016 will be calculated based on the AICPIN points of the six months starting from July 2015, up to December 2015. The dearness allowance to be issued in the month of January 2016 will be added to the salary drawn by the employee based on the recommendations of the 6th Pay Commission. Only after this will the recommendations of the 7th Pay Commission take effect.

Source: 90paisa.org

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