A network-related or instance-specific error occurred while establishing a connection to SQL Server. The server was not found or was not accessible. Verify that the instance name is correct and that SQL Server is configured to allow remote connections. (provider: Named Pipes Provider, error: 40 - Could not open a connection to SQL Server) Central Government Employees DA calculation: How Dearness Allowance is calculated as per 7th pay commission? Check formula, National : Today Indya

Latest News

  • Home
  • National
  • Central Government Employees DA calculation: How Dearness Allowance is calculated as per 7th pay commission? Check formula
Central Government Employees DA calculation: How Dearness Allowance is calculated as per 7th pay commission? Check formula
Friday, October 11, 2019 IST
Central Government Employees DA calculation: How Dearness Allowance is calculated as per 7th pay commission? Check formula

Central Government Employees DA calculation: The Union government has decided to increase the Dearness Allowance of central government employees by 5 per cent over the existing rate of 12 per cent of their Basic pay.

 
 

Central Government Employees DA calculation: The Union government has decided to increase the Dearness Allowance of central government employees by 5 per cent over the existing rate of 12 per cent of their Basic pay. The hiked DA of 17 per cent would be provided with effect from July 1, 2019. In a statement, the Finance Ministry said on Wednesday that the increase was “in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.”
 
The government pays DA to central government employees to help them adjust the cost of living and protect their Basic pay from erosion in the face of inflation.
 
What 7th Pay Commission said on DA formula
 
The 7th Pay Commission had recommended not to change the formula for DA calculation.
 
The DA is calculated on the basis of All India Consumer Price Index (Industrial Workers).
 
The 7th Pay Commission noted, “The VI CPC had recommended that the National Statistical Commission may be asked to explore the possibility of a specific survey covering government employees exclusively, so as to construct a consumption basked representative of government employees and formulate a separate index. This has, however, not been done.”
 
The panel further recommended not to change the formula. It said, “Keeping in mind that the present formulation of DA has worked well over the years, and there are no demands for its alteration, the Commission recommends continuance of the existing formula and methodology for calculating the Dearness Allowance.”
 
Dearness Allowance Calculation Formula
 
Formula for central government employees:
 
DA% = {(Average of AICPI (Base Year 2001=100) for the past 12 months -115.76)/115.76)*100}
 
AICPI stands for All India Consumer Price Index
 
Formula for Central public sector employees:
 
DA% = {(Average of AICPI (Base Year 2001=100) for the past 3 months -126.33)/126.33)*100}
 
The DA hike announced by the government ahead of Diwali festival would benefit about 49.93 lakh Central Government employees.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
Here is the full list of 827 porn websites banned by the DoT

While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content. ...

Recently posted . 64K views . 1 min read
 

 Article
Class XII Boys Raped 16-Year-old in Dehradun School After Watching Porn on Phone: Police

The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...

Recently posted . 10K views . 1 min read
 

 Article
Sept 27,2001 Rahul Gandhi and his girl friend Veronique,was arrested in Logan airport in Boston

Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million. Rahul and his girl friend was th...

Recently posted . 9K views . 7 min read
 

 Article
TOP 10 GYM EQUIPMENT BRANDS IN INDIA 2017

True – Tr...

Recently posted . 8K views . 83 min read
 

 
 

More in National

 Article
"No Short Skirts": Maharashtra College's Diktat Upsets Students

Students wore ankle-length clothes and covered their faces in protest towards the the diktat issued by the college.

Recently posted. 707 views . 0 min read
 

 Article
Upset over PM Modi`s remarks, AIIMS` doctors say don`t mock us on international platform

The Prime Minister in `Bharat Ki Baat Sabke Saath` event, organised in London`s Westminster recently, had cited examples of various international conferences alle...

Recently posted. 1K views . 1 min read
 

 Article
Delhi CM Arvind Kejriwal slapped during roadshow in New Delhi

The incident took place when Arvind Kejriwal was holding a roadshow in favour of his party’s candidate Brijesh Goyal who is contesting from the New Delhi seat...

Recently posted. 768 views . 1 min read
 

 Video
8 Ways Police STOP Dangerous Cars



Recently posted . 1K views
 

 Reviews
Top 10 Schools in Noida



Recently posted . 4K views . 57 min read
 

 Article
Section 377 explained after India's Supreme Court legalises gay sex

*India’s Supreme Court has legalised gay sex, scrapping colonial-era Section 377 *Section 377 made gay sex ...

Recently posted. 1K views . 2 min read
 

 Article
Moment marketing: From ads on Yuvi’s retirement to Manforce’s Sunny Leone joke

Moment marketing is making brands easily discoverable  

Recently posted. 947 views . 0 min read
 

 
 
 

   Prashnavali

  Thought of the Day

The real man smiles in trouble, gathers strength from distress, and grows brave by reflection.
Anonymous

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top