Friday, December 5, 2014

Expected DA from Jan 2015 – Almost confirmed 6% increase

Expected Dearness Allowance from January 2015 for Central Govt Employees and Pensioners, almost confirmed 6% increase…
Expected DA from Jan 2015 is on fourth step, no change in the index of CPI(IW) for the month of October 2014, stands at 253 only.
Increase in Dearness allowance for Central Govt employees and Pensioners from Jan 2015 is likely to be 6% and the total Dearness allowance will go up to 113%.
When comparing with previous instalments of additional DA, this is some what low. In July 2013 and Jan 2014, both the installments was in double digit.
After this DA, there will be only another instalment in July 2015 which is the last instalment of additional DA in Sixth Pay Commission. And the first installment for the year 2016, the DA calculation may be change with the recommendations of 7th CPC.

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