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Wednesday, August 29, 2018

Cabinet approves 2% additional DA

The Union Cabinet today approved the release of an additional installment of dearness allowance (DA) for central government employees and dearness relief to pensioners with effect from 1 July, 2018. This move, to compensate for the price rise, will result in an increase of 2% over the existing rate of 7% of the basic pay or pension. About 48.41 lakh central government employees and 62 lakh pensioners will be benefited because of the DA hike.
The combined impact to the government exchequer on account of both DA and dearness relief would be Rs 6,112 crore per annum and Rs 4,074 crore in the financial year 2018-19 (for a period of eight months, from July 2018 to February 2019).

Friday, August 3, 2018

Transfer Policy - Department of Posts


Guidelines for transfer to regulate transfers of Group ‘C’ officials, Group ‘B’ (non-gazetted) officials and Assistant Superintendent of Posts (Group ‘B’ Gazetted): 

Wednesday, August 1, 2018

CPI and DA July 2018

Consumer Price Index for Industrial Workers (CPI-IW) — June, 2018 is released and The All-India CPI-IW for June, 2018 increased by 2 points and pegged at 291 (two hundred and ninety one). 

The DA as on 1st July 9.86 %.