Along with the decreasing percentage of additional Dearness Allowance, there is also a noticeable fall in interest among employees to know more about ‘Expected DA’…!
“There was tremendous
curiosity when initial reports surfaced that ‘Expected DA’ could be as
high as 10% in 2013. But, now, when the expectation is fixed at around
5%, readership for the topic has decreased considerably.”
Dearness Allowance for
Central Government employees, which is given once every six months, is
currently expected to be not more than a very minimal 5%.
Additional Dearness
Allowance from July 2015 is based on the fluctuation in price of
essential commodities between the months of January and June 2015. With
the CPI(IW) data available for only three months as of now, the general
prediction is that if the AICPIN falls by 6 points total in three
months, the additional DA could be as low as 4% from July 2015.
The chances of a 6% of additional DA increase with effect from July 2015 are very minimal.
Statistics of AICPIN of the next two months will decide if the next additional DA is going to be 5% or 6%.
Why is Dearness
Allowance, which is given once every six months in order to help the
salaried class manage the increasing prices of essential commodities, so
important this time?
What has DA got to do with the 7th Pay Commission? and
What is the connection between the 7th Pay Commission and Dearness Allowance?
