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Cabinet may approve 2% DA tomorrow

October 26, 2016 1 Comment

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Cabinet may approve 2% DA tomorrow

Dearness Allowance for Central Government Employees and Pensioners due from July 2016 is likely to be approved in the Union Cabinet Meeting to be held on tomorrow(27.10.2016).

As per the recommendations of 7th Central Pay Commission on Dearness Allowance formula, Central Government is all set to declare 2% Dearness allowance and Dearness relief to be effective from July 1, 2016.

Table of AICPIN – All India Consumer Price Index Numbers for Industrial Workers BY 2001-100 from Jan 2016 to Jun 2016 are indicated in the table with average of 261.4

Calculation of Dearness Allowance from July 2016 as shown in the table

Month / Year
B.Y. 2001=100
12 Months Total
12 Months average
% Increase over 261.4
DA
with Decimal
DA %
Jan-16
269
3152
262.67
1.26
0.48
0.48
Feb-16
267
3166
263.83
2.42
0.93
0.93
Mar-16
268
3180
265
3.59
1.37
1
Apr-16
271
3195
266.25
4.84
1.85
1
May-16
275
3212
267.67
6.26
2.39
2
Jun-16
277
3228
269
7.6
2.91
2

Read also this article:NC JCM Staff Side demands to grant 3% DA from July 2016

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Filed Under: Dearness Allowance, Dearness Relief Tagged With: Dearness Allowance, Dearness Relief, Expected DA

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Comments

  1. Dilraj meena says

    October 27, 2016 at 3:44 pm

    No adhoc bonus for aotonomus bodies and no 7th cpc up to till date this is very bad government BJP

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