Recently
the issue of 50% DA Merger has reached the peak of expectations. Though the
central government knew this development, the govt has knowingly said nothing
against or favor of 50% DA Merger. Its silence on this important issue simply
added the fuel to the fire of expectation. After the Election announcement, the
hope on 50% DA merger is now slowly eroding. Many central government employees
Federations expressed their disappointment with 7th CPC Terms of reference and
merger of 50% DA was not considered by central government. After this
disappointment the central government employees are now getting back to their
routines. So they have started thinking about what next..!
As
the rate of dearness allowance from January 2014 has been declared, the
necessary order for payment of Additional installment of Dearness Allowance
from January 2014 has to be issued by Finance Ministry. The enhanced rate of
Dearness allowance will be paid w.e.f .1.1.2014. The enhanced rate will be paid
with the disbursement of salary for the month of March 2014. The increase of
dearness allowance became due from
January
2014 to February 2014 will be paid as arrears.
Let
us move on to ‘Expected dearness allowance from July 2014’
what
will be the rate of DA from July 2014 ?
The
AICPIN for Industrial Workers for Seven Months from July 2013 to January 2014
have been released by Labour Bureau. The AICPIN for last two Months i.e
December2013 and January 2014 have been declined by 4 and 2 points and pegged
at 239 and 237 respectively. At present it is quite difficult to predict the
trend of the Consumer Price Index for remaining 5 Months, as so many factors
like election and policies of new government involved in it.
However,
according to these seven months AICPIN, we have three Probabilities …
No
|
Probabilities
|
Expected
Increase in Dearness allowance from July 2014
|
Expected
DA from July 2014
|
1
|
If
this declining trend continues for remaining 5 Months by 1 or 2 points
|
3%
|
103%
|
2
|
If
the trend continues with movement between plus or Minus 2 points
|
5%
|
105%
|
3
|
If
it continues with increasing trend by 2 points
|
7%
|
107%
|
According
to the AICPIN released till now, the above possibilities have been arrived. As
per above prediction the expected dearness allowance from July 2014 will be
from 103% to 107%.
Source: www.gservants.com
