Thursday 24 September 2015

DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015

DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015
No.1/2/2015-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated: 23rd September, 2015.
OFFICE MEMORANDUM
Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2015
The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/2/2015-E-II (B) dated 18th September, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 113% to 119% with effect from 1st July, 2015.
2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.
3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.
4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.
5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.
Sd/-
(A. Bhattacharya)
Under Secretary to the Government of India

Wednesday 9 September 2015

Union Cabinet Approved 6 percent hike in DA from July 2015


Union Cabinet Approved 6 percent hike in DA from July 2015

Press Information Bureau
Government of India
Cabinet
09-September-2015
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.7.2015
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.07.2015. This represents an increase of 6 percent over the existing rate of 113 percent of the Basic Pay/Pension, to compensate for price rise.
This will benefit about 50 lakh Government employees and 56 lakh pensioners.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be in the order of Rs. 6655.14 crore per annum and Rs.4436.76 crore in the financial year 2015-16 (for a period of 8 months from July, 2015 to February, 2016).
Source : PIB

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