Govt approves 6% hike in DA

 

The government today increased dearness allowance (DA) by 6 per cent to 51 per cent, benefiting over 50 lakh central government employees and 38 lakh pensioners.

“The decision to hike DA was taken by the Union Cabinet at its meeting here,” a Union minister said.

The combined impact of the hike will be Rs 5,715.90 crore per annum. However in the next financial year, the burden on the exchequer would be Rs 6,668.52 crore after the additional 6 per cent DA payout is factored in from January 1 to March 31 this year.

The increased DA, which will be effective from January 1, is provided to government staff and pensioners to compensate them for rising prices.

Presently, the DA is paid at 45 per cent of basic pay.The increase in DA by 6 per cent would be in accordance withthe formula prescribed by the Sixth Pay Commission for central government employees.

Govt may hike DA by 6% for employees, pensioners

The Centre is likely to increase dearness allowance (DA) on Tuesday by 6 per cent to 51 per cent, benefiting over 50 lakh employees and 38 lakh pensioners.

The decision to hike DA is likely to be taken by the Union Cabinet at its meeting, sources said.

The new DA, which will be effective from January 1, is provided to government staff and pensioners to compensate them for rising prices.

Presently, the DA is paid at 45 per cent of the basic pay.

The increase in DA by 6 per cent, sources said, would be in accordance with the formula prescribed by the Sixth Pay Commission for central government employees.

The decision will provide direct relief to around 50 lakh employees and 38 lakh pensioners.

The DA is revised twice in year with effect from January 1 and July 1.

The relief comes amid high retail prices, as inflation has been ruling above 9 per cent.

http://www.indianexpress.com/news/govt-may-hike-da-by-6-for-employees-pensioners/765332/

Recommendation of One Man Commission - Extension to State Public Sector Undertakings / Boards - Pay anomalies - revision of scale of pay - ordered - extension to SPSUs/Boards - Reg

Thiru R. Thiagarajan, l.A.S.,
Special Secretary to Government

Finance (BPE) Department,
Secretariat,
Chennai - 600 009

Letter No. 12953/BPE/2O11 / Dated: 11.3.2011.

To
The Chief Executive Officers of
all State Public Sector Undertakings / Boards

Sir,
Sub: Recommendation of One Man Commission - Extension to State Public Sector Undertakings / Boards - Pay anomalies - revision of scale of pay - ordered - extension to SPSUs/Boards - Reg.

Ret: 1. G.O.Ms.No.254 to 340, Fin (Pay Cell) Dept. dt.26.8.2010.
       2. Govt. Lr.No. 51082/Fin (Pay Cell) Dept./2010-1/dt.15.9.2010.
       3. Govt. Lr.No. 48070 / BPE/2010-1/dt. 23.9.2010.
       4. G.O.Ms.No.71, Fin (PC) Dept. dt. 26.2.2011.

   I am directed to invite kind attention to the Government Orders / Government Letters cited in the reference. In continuation to Government Letter 3rd cited, the Chief Executive Officers of all State Public Sector Undertakings / Boards are requested (a) to take into consideration of Government Order 4th cited while sending proposals to Government for examination and (b) to regulate the scales of pay & grade pay in line with the orders issued in Government Order 4th cited, in case, the State Public Sector Undertakings / Boards have already implemented the recommendations of the One Man Commission to their employees with the approval of the Government.

   2. This letter may be placed before the Board of Directors in the next meeting.

Yours faithfully,
-sd-
for Special Secretary to Government.

http://www.tn.gov.in/gosdb/gorders/finance/fin_e_12953_2011.pdf