DA hike 10% in September 2013

This is the welcome news for around 50 lakh central government employees and around 30 lakh pensioners that government is going to announce hike in DA dearness allowance at 10% from existing 80% to 90%.
Any hike will be in force from July 1 2013. According to government officials, the hike may be around 10-11%.

Government will announce or actual rate only know after releasing of CII of industrial workers of the month of June which will be released on 30 August.

According to the provisional data released by government on July 31, the retail inflationfor factory workers for the month of June stood at 11.06 per cent, higher than 10.68 per cent in May this year.As per the practice, the government uses CPI-IW data for past 12 month or a year to arrive at a number for the purpose of any DA hike. Thus, the retail inflation for industrial workers between July, 2012 to June 2013 would be used to take final call on the matter.

"It would be around 10 per cent this time and would be announced in September," Confederation of Central Government Employees Secretary General K K N Kutty told PTI.

"Besides, raising DA to 90 per cent, the government should merge 50 per cent of the allowance with the basic pay as was our demand. DA breached 50 per cent benchmark long ago", he said.

As per the practice, the DA is merged with basic pay when it breaches the 50 per cent mark. DA merger helps employees as their other allowances are paid as a proportion of basic pay.

Kutty said, "This DA hike won't help much as actual rise in the cost of living is 171 per cent since January 1, 2011."

There would be a double digit hike in DA after about three years. It was last in September, 2010 that the government had announced a hike of 10 per cent to be given with effect from July 1, 2010.

DA was hiked to 80 per cent from 72 per cent in April, 2013, effective from January 1, this year.
Tags-dearness allowance,da ate,dearness allowance rate in 2013,2013 da rate

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About Nitin Aggarwal

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6 comments:

  1. 10 PERCENT FREE MONEY for CENTRAL GOVT.STAFF!
    When the Pvt Sector employees are facing SAL CUTS and STAGGERING SALARIES!
    Ridiculous!
    And this along with JOB "Security" and every conceivable work done "online" by automation by the TAX PAYING JANTA will only make these Govt.Employees more ARROGANT while making the PVT Sector Employees more INSECURE and UNCERTAIN about their NEXT PAY.
    This GOI should STOP paying this DA HIKE IMMEDIATELY. Let the GOVT.Employees know that it is the TAXES of the hard-working aam Public that is paying so much for their "hardly any work" style of Govt.Jobs.

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  2. bull shit, govt employees dont earn that much as pvt ppl do. salaries in pvt sector are unheard in govt. u ppl have no business other than ranting

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  3. and not just you but we all are paying taxes. u chose money before job security so why cribbing now. get your maths correct. this forum is for knowledge sharing and not for unintelligent rants. those who are well established and have calibre either in pvt or govt never rant.

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    Replies
    1. U will start ranting if the GOI simply SCREWS your Sal.Then U will know who is ranting and who is panting...

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    2. The ARROGANCE in the secured GOVT.EMPLOYEE is apparent here to the hilt.

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  4. COST OF LIVING HAS GONE SO HIGH THAT EVEN 20% DA HIKE WILL NOT BE ABLE TO FULFILL THE REQUIREMENT OF DECENT LIVING.

    ReplyDelete