Central D.A. from July 2011 and bonus for Rail staff to be announced today - Indian Military Veterans

WATCH THIS BLOG REGULARLY FOR LATEST NEWS ON ONE RANK ONE PENSION & OTHER SERVICE BENEFITS RELATING TO EX-SERVICE PENSIONERS,CENTRAL GOVT PENSIONERS,LIC/GIC PENSIONERS* A UNIQUE BLOG WITH MORE THAN 1 CRORE VIEWERS & 700 FOLLOWERS #

FlashFLASH**** UNION CABINET APPROVED OROP REVISION FROM 01/07/2019 & ARREARES WILL BE PAID IN FOUR INSTALLMENTS**** New ***** *UNION CABINET APPROVED OROP REVISION FROM 01/07/2019 & ARREARES WILL BE PAID IN FOUR INSTALLMENTS
  • New











    .




  • -----------------------------------------------








    Veterans Welfare Latest News & 
    Updates on various issues 
    related to


    Tri Services Pension – SPARSH -OROP

      ECHS - CSD 


    Pay Fixation and Service/Pension Rules
    as per orders & Instructions of Govt of India.


    Purpose of this website


                 Pensioners of the Armed Forces  are different from  pensioners of  other departments of the Government of India. Some rules and regulations apply to public services. In order to sensitize them about the various rules, regulations, government programs related to ex-servicemen and the various social assistance programs for families of ex-servicemen, we refer to the government instructions on this subject. , published information on related topics. Here, we will discuss SPARSH, CSD, ECHS, OROPfamily pension, disability pension, Service pension, re-employment with life certificate and other welfare activities  to increase the awareness of beneficiaries. 

    Regards,
    KS RAMASWAMY 
    Editor

    Sep 15, 2011

    Central D.A. from July 2011 and bonus for Rail staff to be announced today


    The Cabinet may on Thursday raise 
    dearness allowance (DA) for central 
    government employees and dearness 
    relief (DR) for pensioners by 7 percentage 
    points to 58% of the basic pay/pension.

    The last hike in DA was in March when the 
    government increased it by 6 percentage points. 
    The Cabinet is expected to take a decision in this
    regard on Thursday, sources said. The Cabinet is 
    also expected to clear a proposal for giving
     productivity linked bonus to Railway employees 
    for the year 2010-11, sources added.

    With the proposed DA hike, the basic pay of the
     central government employees (or pensioners as
    the case may be) would go up by 36% over a 
    two-year period.
     The hikes will be implemented from July 1, 2011. 
    The combined impact on the exchequer on account 
    of both DA and DR increase between January 2009
     and January 2011 is estimated to have crossed 
    Rs 16,000 crore. The measure is set to provide 
    relief to a total of around 5 million central 
    government employees and around 4 million 
    pensioners.
    The change in DA, which is linked to the consumer 
    price index, has lead to a further change in other 
    allowance structure since rate breached the 50% 
    of basic pay mark in March. For instance,
     payments like conveyance allowance and 
    children’s education allowance have also
    gone up by 25%. This hike is in accordance
     to the formula given in the sixth pay commission 
    report which says: “The rates of these allowances 
    will be increased by 25% every time the DA 
    payable on revised pay scales goes up by 50%.”
    As a result, there will also be an increase in the 
    special compensatory allowance for the central
    government employees posted in remote areas
     such as the north-east and Jammu & Kashmir.
     Their special allowance also goes up by 25% 
    the moment the 50% trigger was breached. 
    The increased DA and DR are expected to help
     the households of central government employees 
    and pensioners who are already exposed high 
    inflation.
    Source : The Financial Express

    No comments:

    Post a Comment

    Indian Military Veterans Viewers, ..

    Each of you is part of the Indian Military Veterans message.
    We kindly request you to make healthy use of this section which welcomes the freedom of expression of the readers.

    Note:

    1. The comments posted here are the readers' own comments. Veterans news is not responsible for this in any way.
    2. The Academic Committee has the full right to reject, reduce or censor opinion.
    3. Personal attacks, rude words, comments that are not relevant to the work will be removed
    4. We kindly ask you to post a comment using their name and the correct email address.

    - INDIAN MILITARY VETERANS- ADMIN

    Sponsor

    LATEST NEWS

    Post Top Ad