DA announcement before Diwali ?
Usually Government approves the DA during the 1st week of September and release the government order in 3rd or 4th week of September, but this year government not yet approved dearness allowance from 1.7.2016. After 7th Pay Commission Implementation the dearness allowance computation formula & the base year must be changed, the computation formula & base year changed in the earlier pay commission also
|Pay Commission||Base Year|
|3rd Pay Commission ||1960 =100|
|4th Pay Commission ||1982=100|
|5th Pay Commission ||1982=100|
|6th Pay Commission ||2001=100|
|7th Pay Commission||2011=100 (expected)|
During September 1st week JCM Staff side Secretary writes letter to Ministry of Finance with the subject “Future computation of DA and adoption base index figure to Revised Minimum Wage”, in this letter Union demands to grant of 3% dearness allowance with effect from 1.7.2016, even though there is no official announcement from the government. Even all the state government employees are waiting for the announcement from the Central government.
And again last week Union writes letter to the Secretary, Ministry of Finance to grant the DA at the earliest.
Dearness allowance from 1.7.2016 should be 3%
Dearness Allowance (DA) Formula after 7th Pay Commission (assumption)
=((12 Months Average of AICPIN)-261.4)*100/261.4)
All the government employees are eagerly waiting for the announcement from the government. As per the source the dearness allowance announcement will be released before Diwali festival. Hope this announcement will be a Diwali gift for Central government employees.
Source – http://www.babusnews.com