dearness allowance for central government employees

For Central public sector employees: Dearness Allowance % = ((Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)*100 Where, AICPI stands for All-India Consumer Price Index. In March, the union cabinet had approved an increase of 4 per cent in DA to 21 per cent. A simple online DA Calculation Tool is provided to find the DA from Jan 2021 with inputs of expected AICPIN for the required months. However, the allowance will continue to be paid at current rates. The Centre raised the existing DA of Central Government Employees from 12 per cent to 17 per cent of the Basic pay with effect from July 1, 2019. The decision benefits about 48.34 lakh Central Government employees and 65.26 lakh pensioners. No arrears for the period from 1st January 2020 till 30th June 2021 shall be paid, the Finance Ministry said. 01.01.2013 to the employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised scale as per 5th CPC डाउनलोड (401.18 KB) However, the allowance will continue to be paid at current rates. The decision benefits about 48.34 lakh Central Government employees and 65.26 lakh pensioners. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief was fixed at Rs 12,510.04 crore per annum and Rs 14,595.04 crore in Financial Year 2020-21 (for a period of 14 months from January, 2020 to February, 2021). The dearness allowance is paid to the government employees based on the rise in inflation. Dearness Allowance (DA) is an allowance paid to meet the cost of living. From the month of September 2020, Govt replaced CPI with base 2001=100 with new consumer price index with base 2016=100. DA Calculation Formula for the Central Government Employees: Dearness Allowance (%) = [(Average of AICPI (With Base Year 2001 = 100) for the last 12 months – 115.76)/115.76] * 100. As a result of the freeze, the government will not pay the hike in dearness allowance that was due … The decision will be effective from January 1, 2020. 2,01,000/ shall draw Dearness Allowance @3% of basic pay w.e.f. New Delhi: The central government on Thursday suspended disbursement of increased dearness allowance (DA) to its employees and pensioners announced last month and decided to freeze the next two hikes as well because of the strain on its finances due to the coronavirus pandemic. The government increases the dearness allowance as per the AICPI index. Rates of Dearness Allowance applicable w.e.f. The DA has been hiked from 17 per cent to 21 per cent on March 13, 2020 . Freezing Dearness allowance and Dearness relief for central government employees - Court case dismissed Honourable Delhi High Court in its Judgement, dismissing the plea against freezing DA and DR, observed that the Central Government has … Expected Dearness Allowance for Central Government employees and pensioners from January 2020 – 4% confirm at this stage and 5% will be less chance!The expected Dearness Allowance and Dearness Relief for Central Government employees, Pensioners and Family Pensioners with effect from 1st January 2020 may be increased by 4%. The additional financial implication on account of this increase in Dearness Allowance for additional 11% DA is due which works out to 13,000 crores annually, which is manageable under the existing financial conditions , more over this will benefit about 49.93 lakh Central Government employees and 65.26 lakh pensioners who pump this money into the market which also … It helps to offsets the impact of inflation. 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