Friday 1 February 2013

Expected DA from January 2013 = 8%

             As per AICPIN data,      DA would be 8% from January 2013. The DA is 72% in total from July 2012 onwards, now it would be 72%+8%=80% from January 2013.  So we can expect announcement from the Government in the middle of March to increase of 8% Dearness Allowance from January 2013 onwards. However we have to wait upto March for Government order for final confirmation.
           Note :  In a major development, the Union Cabinet on 01.02.2013 Friday surprisingly approved 8% hike in the Dearness Allowance (DA) for central government employees and pensioners. This decision is likely to bring some relief to nearly 50 lakh central government employees trying to cope up with spiraling inflation and price hike.

Wrong news on DA hike approval by Govt.

          First of All, Very sorry to all viewers. The lot of blogs reported that the government has announced DA hike "In a major development, the Union Cabinet on Friday approved hike in the Dearness Allowance (DA) for central government employees and pensioners. ... " A lot of blogs have republished this news and some have given the links from a TV news channel website. So We have also published this in our blog under the Notes. Now We have to know that the government is yet to announce the hike. The quoted news is for the hike similar to the expected one that was announced for January 2010. The absence of the dates in the original news that was published 3 years caused confusion.
          Once again, We says sorry to all, the dearness allowance hike is yet to be announced and it is expected by this month end or Middle of the March 2013.

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