7th Pay Commission may recommend in its interim report to merge 50% of DA with basic pay..!

7th Pay Commission may recommend in its interim report to merge 50% of DA with basic pay..!

NEW DELHI: The Union Cabinet on Friday raised dearness allowance to 100% from 90%, benefiting 50 lakh employees and 30 lakh pensioners.

The government has also cleared the way for merger of 50% DA with basic pay by approving it among the terms of reference of the 7th Pay Commission. An official said now the commission can suggest the merger in its interim report. 


He added that 50% DA merger with basic pay will roughly increase the gross salaries of central government employees by around 30%.

The Cabinet approved the proposal to release an additional installment of DA and dearness relief (DR) to pensioners with effect from January 1, 2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10% increase over the existing rate of 90%, said an official statement.

Central government employees as well as pensioners are entitled for DA/DR at the rate of 100 per cent of the basic with effect from January 1, 2014, it said.

The government has estimated that the combined impact on exchequer on account of both DA and DR would be Rs 11,074.80 crore every year.

Source : Times of India
[http://timesofindia.indiatimes.com/india/Cabinet-hikes-DA-to-100-salary-may-increase-by-30/articleshow/31190916.cms]

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Comments

Rajini said…
What about Retirement age?
Every official is HUGELY disappointed. By this means the one who had decided to vote for UPA, now will never vote even in their DREAMS!
Anonymous said…
Mr RaGa! Raise the retirement age to 62 for central government employees if you want to come to power, otherwise forget about your power dreams as it is practically impossible, not just next election but till you are associated with UPA. Sorry but this is true!
Anonymous said…
retirement age should be increased to 62 on certain terms and condts.
choice should be given to employees.
Anonymous said…
Good for a few old selfish old people government. Did not increase the retirement age. God bless the present. Government. Youth will vote for you.

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