When will the Finance Ministry’s Orders on the 10% DA Hike be Released?
It is now known that the Cabinet Committee had, on 28.02.2014, given its approval to a 10% increase in the Dearness Allowance for Central Government employees and pensioners.
Following this, the Finance Ministry usually issues orders to all the Ministries/Departments. No orders have been issued yet. The orders are expected before the end of this month.
The orders are usually produced as “Payment of Dearness Allowance to Central Government Employees – Revised rates with effect from 01.01.2014”. The orders usually will begin as, the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 90% to 100% with effect from 1st January, 2014…”
It will also be announced that the procedures published in the Finance Ministry’s orders issued on 29/08/2008 will be applicable this time too and that the enhanced amount will also be given as cash. A clause has also been added which says that separate orders will be issued to the Armed Defence personnel and Railway employees through their concerned Ministries.
If the orders are produced before the end of this month, then the DA payment will be issued in the payment of March and the arrears for two months will also be issued. It is worth mentioning here that this is the fourth 10% increment for Central Government employees and pensioners.
Method for calculating D.A:
10% from Basic Pay (Including Grade Pay)
10% from Transport Allowance
In addition to these, there will also be substantial increase in incentive, piecework systems, and Overtime Allowance.
With this we conclude the write-ups under the topic of “Expected D.A from January 2014”. The expectations for “Expected D.A. from July 2014” have already begun.