Saturday, July 9, 2011

EXPECTED D.A. FROM 1.7.2011 IS 7% AS PER AICPIN UPTO MAY '11

                                            Expected DA from July-2011



We feel features, expectations and calculations are on the forefront for most of the Central Government employees regarding the additional Dearness Allowance from July, 2011 to be announced soon.


There will be no change in the 7% DA unless a huge change takes place in the month of June AICPIN (i.e.if the AICPIN falls below 180 points or increase above 195, a change of DA can take place, but chances are very remote.) AICPIN now stands at 187.


Surprisingly, some employees are eager to know if the DA crosses 100%, it will merge with the basic pay or not.


There is no such recommendations said in the 6th CPC.The allowances only will be increased by another 25%, every time the DA crosses 50%.


As of now, the important increase in the allowance is Children Education Allowance and Hostel Subsidy. It was increased from Rs.12000 to Rs.15000 from 1.1.2011. This will be increased upto Rs.18750 after the DA crosses 100% and some other allowances also will be enhanced by 25% from the existing rates.


Assumptions are that the DA will touch 100% in the next three years. Before the 7th CPC, which will be from 2016, the DA surely crosses 100%.