Showing posts with label 7th CPC. Show all posts
Showing posts with label 7th CPC. Show all posts

Saturday, March 1, 2014

Expected Dearness Allowance from July 2014 for Central Govt. Employees & Pensioners

Expected Dearness Allowance from July 2014 for Central Govt. Employees & Pensioners:

Last Updated: 28/02/2014
           
The CDA increased w.e.f. 01-January-2014 may be between 4.0% & 7.0% i.e between 104.0% to 107.0% depends upon the Average AICPIN of the months Jul'13 to Jun'14.
The AICPINs upto January 2014 have been declared. The final CDA is subject to the approval of Govt. of India.
           The Central Dearness Allowance is used to calculate with the help of last 12 months' All India consumer Price Index for Industrial Workers (AICPIN-IW). AICPIN-IW is declared by Labour Bureau  Deptt., Government of India. The month-wise AICPINs and top 20 CDA projections are listed below:-


S.N. Month AICPIN
1 July-13 235
2 August-13 237
3 September-13 238
4 October-13 241
5 November-13 243
6 December-13 239
7 January-14 237
8 February-14 Yet to be declared
9 March-14 Yet to be declared
10 April-14 Yet to be declared
11 May-14 Yet to be declared
12 June-14 Yet to be declared
Average CPI upto Jan'14 238.6



Top 20 Projections:

S.N.
Avg. AICPIN
Projected
Projected
CDA(%)
Projected CDA
Increase(%)
1
237.1
104.8
4.8
2
237.3
104.9
4.9
3
237.4
105.1
5.1
4
237.6
105.2
5.2
5
237.8
105.4
5.4
6
237.9
105.5
5.5
7
238.1
105.7
5.7
8
238.3
105.8
5.8
9
238.4
106.0
6.0
10
238.6
106.1
6.1
11
238.8
106.2
6.2
12
238.9
106.4
6.4
13
239.1
106.5
6.5
14
239.3
106.7
6.7
15
239.4
106.8
6.8
16
239.6
107.0
7.0
17
239.8
107.1
7.1
18
239.9
107.3
7.3
19
240.1
107.4
7.4
20
240.3
107.5
7.5
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Wednesday, September 25, 2013

Central Govt. Approved Constitution of Committee for 7th Pay commission for Central Govt. Employees

Central Govt. Approved Constitution of Committee for implementation of 7th Pay Commission for Central Govt. Employees w.e.f. 01/01/2016

        Central Govt. gave one more gift after announcing 10% DA hike to about 85 laks Central Govt. employees & pensioners by Approving Constitution of Committee for implementation of 7th Pay commission for Central Govt. Employees. The age of retirement of central employees may extended from 60 years to 62 years. This committee will submit its recommendation in next two years.
       The 7th Pay Commission will be applicable w.e.f. 01 January 2013 and it will cause about rupees one lakh crore extra burden over Indian Economy. Earlier, 6th Pay Commission has been implemented wef 01/01/2006.
        The Govt. constitutes committee for pay commission every 10 years to implement revised pay commission at every 10 years.







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