Dearness Allowance from Jan-2013 News: Agenda in today's Cabinet Meeting
As per
some news in leading news paper, proposals to hike dearness allowance of
Central government employees by 8% is likely to be considered in
today's cabinet meeting. It is known that Finance Minister is on tour and will
return on 22nd April, 2013 and in last cabinet meeting on 2nd April, 2013
Govt had deferred the decision on enhancement of DA due to absence of Finance
Minister.This time again leading news website has published that hike
dearness allowance may be considered by govt. in cabinet meeting.
In
last para of Hindustan Times News article "Cabinet plans
sops ahead of LS polls"
"Proposals
to hike dearness allowance of Central government employees by 8% and
setting up a Railway Land Development Authority to improve railways financial
help are likely to be considered."
In
Times of India News article "Cabinet to mull over tougher laws
against middlemen, buffer for retired babus" a para added about DA
"Doubling
special support to Bihar to Rs 12,000 crore under the remaining four years of
the 12th Plan, the judicial commission Bill and 8% dearness allowance (DA)
for government employees are also on the Cabinet agenda."
Times of India has also published an separate article on this matter :-
Cabinet
may hike dearness allowance by 8%
NEW
DELHI:
The Union Cabinet is likely to approve a proposal to increase dearness
allowance (DA) of central government employees by 8% on Thursday.
The
move to increase DA from 72% to 80% will benefit around 50 lakh employees and
30 lakh pensioners of the central government.
"The
Union Cabinet may consider the finance ministry proposal to increase DA in its
meeting scheduled for Thursday," a source said, adding the hike would
be effective from January 1, 2013 and employees and pensioners would be
entitled to arrears.
The
government had raised DA to 72% in September last year, which had come into
effect from July 1, 2012.
As per usual practice, DA is merged with basic
pay when it breaches the 50% cap. This helps employees get higher allowances as
those are paid as proportion of the basic pay.
//copy// source: extracted from other website
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