In 2018, the rates were 9% from July to December and 7% from January to June. 2008 Belarus weightlifter Andrei Aramnau breaks 3 world records, for the snatch, clean & jerk, and total, on the way to winning the men's 105kg gold medal at the Beijing Olympics. Although, there has been no statement from the government . From January to June 2019, the rate is 12% (9%+3%=12%). Is real estate a high or low risk investment? Rer. Fitment Factor and Pay Matrix Table, Indias leading news channels write every day about the 18 months DA Arrears latest news updates even in 2022. Regrettably, the arrears for this period, especially during the challenging fiscal year of 2020-21, are not currently feasible, given the pandemics adverse financial impact and the need for financing welfare measures. The Staff-Side is willing to discuss the method of payment for the arrears. From July to December 2022, the rate is 38% (34%+4%). However, the employees' side has been firm in their stance. New Delhi. Now, as the AICPI is prevailing high, the chances of government employees getting a raise in dearness allowance is also high. He informed that several Central Government employees and pensioner associations, including the National Council (JCM), National Federation of Indian Railwaymen (NFIR), and JCOs/OR Veterans Association (JOVA) have submitted requests for the release of 18 months arrears of DA and DR. Due to the economic disruption caused by the COVID-19 pandemic, the decision to freeze three installments of DA and DR to Central Government employees and pensioners scheduled from January 2020 to January 2021 was taken to ease pressure on Government finances. According to Shiv Gopal Mishra of the National Council of JCM, the DA arrears of Level-1 employees range from Rs 11,880 to Rs 37,554. Defence Minister Shri Rajnath Singh has launched the AFD CSD Online shopping website on 8th January 2021. This welcome development will benefit pensioners, employees, and family pensioners. The release of arrears of DA/DR, primarily for the challenging period of FY 2020-21, remains unfeasible, although the Government saved and utilized a significant amount of 34,402.32 crores by freezing Dearness Allowance and Dearness Reliefs three installments to mitigate the pandemics economic impact on Central Government employees and pensioners. Copyright Network18 Media and Investments Ltd 2023. At the same time, [{4 percent of 56,900}x6] will be Rs.13,656. However, the government has to balance the need for a higher central government employees DA hike with its financial constraints, as the increased DA will put an additional financial burden on the government. Look no further than the latest update from Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary. [Click to read more]. The Dearness Allowance is figured out as a portion of an employees fundamental salary. On Friday, December 30th, 2022, the leader of the Odisha state government announced a 4% increase in Dearness Allowance for its employees and retirees starting on July 1st, 2022. Dearness allowance is a component of salary of the government employees and pensioners, aimed at soothing the impact of inflation, (Your legal guide on estate planning, inheritance, will and more.). 7th CPC MACP Scheme | Latest Clarification on MACP Scheme. The Union Cabinet in March approved to increase 3 per cent in dearness allowance (DA) under the 7th Pay Commission, thus taking the DA to 34 per cent of the basic income. The Union Cabinet chaired by the Prime Minister, Narendra Modi, has given its approval to release an additional instalment of dearness allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. The new index measures the variations in the cost of essential commodities and services used by the general public throughout India. In the meantime, the Central Government is expected to announce a 4% DA hike for the benefit of Central Government Employees anytime soon. The DA chart for state government employees varies depending on the state and the year. -- aaa DA Hike 7th Pay Commission: Even as the inflation is high and remains above the RBIs comfort zone of 2-6 per cent, the central government is likely to increase the dearness allowance for its employees by five per cent to provide them respite from high price levels in the economy, according to media reports. Along with this, no deduction was made in the salary of central employees nor was there any cut in DA. 2,18,200. Since then, the dearness allowance has increased twice. The latest news for central government employees DA hike is here! The Central government employees must note that the current rate of DA/DR provided to Central Government Employees and Pensioners stand at 38%. Your email address will not be published. This has given a big blow to the employees. All rights reserved. As stated in paragraph 2 of the Finance Ministry order, the rates of the suspended period will be restored on a cumulative basis once the Government declares the future installment of DA and DR due from July 1, 2021. Know what finance ministry has said on this Getty Images pensioners news - YouTube 20 . 20 eps-95 18 18 months da arrears latest news 202218 months da arrears latest news today 2022dearness allowancesmodi governmentcentral government employeedearness allowance increaseddearness allowance newsdearness allowance modi government dearness allowance news todaydearness allowance hikeincrease in dearness allowancecentral governmentdearness allowance current news dearness allowance calculationdearness allowance increasedearness allowancesmodi govt dearness allowance But on the other hand, the government can give great news to the employees by increasing the same. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. From latest initial public offerings. This is because the accumulated percentage of Dearness Allowance from January 2020 to June 2021 has been included in the existing DA and approved for dispersion. Issued, TN CM MK Stalin Declares 4% DA Hike for TN Govt Employees and Teachers from 1.1.2023, Cabinet Approves 4% Additional DA to Central Government Employees, Gujarat CM Announced 3% Hike in Dearness Allowance, Cabinet Approves 3% DA to CG Employees and Pensioners, DA Hike for Telangana Govt Employees from July 2019, Latest AICPIN indicates 3% DA hike from July 2020, Consumer Price Index (CPI-IW) for the month of May 2020, DA Hike from July 2020 is almost confirmed as 24%, Expected DA Hike for Central Government Employees, DA Hike Latest News 2022 for Central Govt Employees. Over 50 lakh government employees and 65 lakh pensioners are getting profit from this move. This change, effective from July 1st, 2022, raises the rate from 34% to 38%, providing a significant benefit just ahead of Diwali 2022. click here! Legitimate payment of Dearness Allowance arrears for 18 months need to be considered sympathetically as all the Central Government Employees were on duty during the COVID-19 Pandemic and financial situation has also improved post COVID era, hence you are requested to take necessary action and issue necessary instructions for payment of arrears of Dearness Allowance for 18 months. 1,44,200 and Rs. From January 2020 to June 2021, all Central Government Employees and Pensioners were granted a fixed Dearness Allowance (DA) and Dearness Relief (DR) rate of 17% for a period of 18 months. The dearness allowance of Level 1 employees ranges between Rs 11,880 to Rs 37,554. The overall DA now stands at 34 per cent. Secretary. Notably, the Dearness Allowance rate provided to Central Government Employees is based on the recommendations of the 7th Pay Commission. This allowance aims to mitigate inflations effect on government employees salaries. The DA is revised based on the changes in the All India Consumer Price Index (AICPI). Boys tend to weigh 19 to 30 pounds and measure 30 to 34 inches tall. Six people were killed and 12 wounded after gunfire erupted in downtown Sacramento, just blocks from the state . DNI Issue : 1st of Jan Sunday or Gazetted Holiday? This brings it to a total of 42% starting from the 1st of January, 2023. One thing that all toddlers need to grow big: protein although in . Dearness allowance is given to government employees, while the dearness relief is for pensioners. A letter dated August 18, 2022, was sent by the National Council (Staff Side) JCM Secretary to the Cabinet Secretary requesting payment of Dearness Allowance/Dearness Relief from 01.01.2020, 01.07.2020, and 01.01.2021 along with arrears for the duration of 18 months. In 2019, the rates were 17% from July to December and 12% from January to June. For reprint rights: Inciting hatred against a certain community, DA may be hiked by 4% for central govt employees, pensioners soon; how much salary will increase, How central govt employees' family pension will be paid in different conditions; check latest rules, GST Kitty Swells, Factory Activity Hits 31-Mth High, Major Players Looking at India as Next Chip-making Destination, 4 car insurance add-ons can save thousands during monsoon. Unfortunately, as of January 2022, the central government has chosen not to provide suspended Dearness Allowance (DA) arrears to its employees, including central government employees, pensioners, and family pensioners. [Click to read more], Your email address will not be published. Get your daily dose of business updates on WhatsApp. , Economy News, Times Now Yours faithfully 12 6 New Delhi: 7th Pay Commission latest update: Though there have been no official confirmation on payment of 18 months-pending Dearness allowance (DA) arrears, media buzz around the. According to media sources, the administration may decide on these three urgent requests in the coming year. Effective January 2023, Central Government employees can expect a salary and pension increase, thanks to a 4% hike in Dearness Allowance, approved by the Cabinet Committee following the 7th Pay Commission DA formula. There is a lot of buzz around the arrear issue. A DA calculator takes into account the cost of living index and the basic salary of the employee to calculate the amount of DA that is payable to the employee. Central Government's latest statement on payment of Dearness Allowance (DA)/DR arrears: The Union Govt has received several representations regarding the release of arrears of 18 months of of DA/DR. 900, DA (Dearness Allowance) Hike Latest News for CG Employees DA Calculation, DA Calculator and DA Order, 7th Pay Commission Latest News: 4% Additional DA for HP Govt Employees, Central Govt First Month Salary Calculator, X Y Z Classification of Cities for HRA PDF, Retirement Date Calculator for Govt Employees, Fixation Calculator as per FR 22(I)(a)(1), Leave Encashment Calculation for CG Employees, Grade Pay Salary Calculation after 7th CPC, Delhi CGHS Approved Diagnostic Centre List, CGHS Ward Entitlement and Monthly Subscription in 7th CPC, VRS Scheme for Central Govt Employees PDF. 7th Pay Commission Latest News Today 2023, Central Government Employees News Today 2023, Leave Encashment Calculation & Calculator 2023, 18 Months DR Arrears Calculator for CG Pensioners, 18 Months DA Arrears Calculator for CG Employees, DA Hike Latest News 2022 for Central Govt Employees, Govt Declared 5% DA July 2019 3 months Arrears from July to September for CG Employees and Pensioners. The calculator will provide you with an approximation of the arrears amount for the 18-month period between January 1, 2022, and June 30, 2021. According to reports, the issue of 18-month DA arrears payment from January 2020 to June 2021 may also be addressed soon and the employees of the central government may also receive Rs 2 lakh in pending arrears in one go. Central employees whose minimum grade pay is Rs 18000 (Level-1 Basic Pay Scale range 18000 to 56900) are awaiting Rs 4320 [{4 percent of 18000} X 6]. News 18.com states : In what comes as a news to cheer for central government employees regarding the dearness allowance arrears, is that the Modi government can give DA arrears of 1.5 years i.e. However, it has been announced that the terminated installments of the additional DA and DR will be restored with cumulative rates in July 2021, as stated in the office memorandum by the Department of Expenditure. DNI Issue : 1st of Jan Sunday or Gazetted Holiday? (Government of India) The helpdesk is available from Monday to Sunday, between the hours of 09:00 AM to 06:00 PM. DA hike Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. According to CNBCtv18 : The Narendra Modi led government is expected to give dearness allowance (DA) arrears of 1.5 . The terms Dearness Allowance (DA) and Dearness Relief (DR) are interchangeable. This has been provisionally stopped for a period of 18 months, from January 1, 2020, to June 30, 2021. The whole year DA and their salary were paid, she added. 25 Nov, 2022, 04:53 PM IST. . DA Update: Govt Employees Likely To Get 5% Hike In Dearness Allowance Next Month. But the Central Government is maintaining its stand that said in the order issued to freeze the Dearness Allowance from 1.1.2020. [Click to read more], There is an uncomplicated calculator available for calculating Dearness Relief (D.R.) If the Union Cabinet gives a green signal to it, the central employees along with over 65 lakh pensioners will further enjoy the linked benefits. The government put a freeze on arrears for the period spanning over 18 months betwee May 2022 and 30 June 2021 because of the pandemic. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. To determine your Dearness Allowance, you may just increase your fundamental pay by the Dearness Allowance rate. , ET Online Last Updated: Dec 23, 2022, 03:35 PM IST Share Font Size Save Print 8 Comment Synopsis Will the central government employees and pensioners get arrears for the dearness allowance (DA) and dearness relief (DR) suspended for 18 months during the Covid-19 pandemic? If we calculate the DA arrears between January and July 2021, then it will be 4,320 [{4 percent of Rs 18,000}x6]. A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. Reported By:| Edited By: DNA Web Team |Source: DNA web team |Updated: Mar 28, 2022, 04:18 PM IST. Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. Chart for state government employees and pensioners stand at 38 % ( 9 % from January June... General public throughout India urgent requests in the salary of Central employees nor was there cut! Current rate of DA/DR provided to Central government is expected to give Dearness Allowance ( )... To determine your Dearness Allowance of Level 1 employees ranges between Rs 11,880 to Rs.. And reporters decodes vast terms of personal finance and making money matters simpler for you firm in stance! 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India Consumer Price index ( AICPI ) Online shopping website on 8th January 2021 index ( ). Be published more ], your email address will not be published 5 % hike in Allowance! Defence Minister Shri Rajnath Singh has launched the AFD CSD Online shopping website on January... ( 9 % from January to June 2019, the Dearness Allowance has increased twice employees DA hike latest news! And Instagram 2019, the employees based on the state terms of personal finance and making matters... The coming year Sunday, between the hours of 09:00 AM to 06:00..
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