SWAMI VIVEKANANDA

Our duty is to encourage every one in his struggle to live up to his own highest idea, and strive at the same time to make the ideal as near as possible to the Truth.

Saturday 15 March 2014

Expected dearness allowance from July 2014


  Recently the issue of 50% DA Merger has reached the peak of expectations. Though the 
central government knew this development, the govt has knowingly said nothing against or 
favor of 50% DA Merger. Its silence on this important issue simply added the fuel to 
the fire of expectation. After the Election announcement, the hope on 50% DA merger is
 now slowly eroding. Many central government employees Federations expressed their 
disappointment with 7th CPC Terms of reference and merger of 50% DA was not considered 
by central government. After this disappointment the central government employees are 
now getting back to their routines. So they have started thinking about what next..!


As the rate of dearness allowance from January 2014 has been declared, the necessary 
order for payment of Additional installment of Dearness Allowance from January 2014 has 
to be issued by Finance Ministry. The enhanced rate of Dearness allowance will be paid w.e.f .
1.1.2014. The enhanced rate will be paid with the disbursement of salary for the month of 
March 2014. The increase of dearness allowance became due from 
January 2014 to February 2014 will be paid as arrears.

Let us move on to ‘Expected dearness allowance from July 2014’

what will be the rate of DA from July 2014 ?

The AICPIN for Industrial Workers for Seven Months from July 2013 to January 2014
 have been released by Labour Bureau. The AICPIN for last two Months i.e December2013 
and January 2014 have been declined by 4 and 2 points and pegged at 239 and 237 
respectively. At present it is quite difficult to predict the trend of the Consumer Price Index for
 remaining 5 Months, as so many factors like election and policies of new government involved in it.

However, according to these seven months AICPIN, we have three Probabilities …

No
Probabilities
Expected Increase in Dearness allowance from July 2014
Expected DA from July 2014
1
If this declining trend continues for remaining 5 Months by 1 or 2 points
3%
103%
2
If the trend continues with movement between plus or Minus 2 points
5%
105%
3
If it continues with increasing trend by 2 points
7%
107%

According to the AICPIN released till now, the above possibilities have been arrived. As per
 above prediction the expected dearness allowance from July 2014 will be from 103% to 107%.

[http://www.gservants.com/2014/03/11/expected-dearness-allowance-july-2014/]

No comments:

Post a Comment