Only for GDS by GDS - India Post

Only for GDS by GDS - India Post
Showing posts with label DEARNESS ALLOWANCE. Show all posts
Showing posts with label DEARNESS ALLOWANCE. Show all posts

Thursday, 28 March 2019

Payment of Dearness Allowance to GDS effective from 01-01-2019 onwards : @ 3% Total 12%

No. 14-3/2016-PAP 
Government of India Ministry of Communication
Department Of Posts (Establishment Division)/P .A.P. Section

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Dak Bhawan, Sansad Marg, 
New Delhi- 110 001. 
Dated : 27th March, 2019 
To, All Chief Postmasters General 
All G.Ms. (PAF)/Directors of Accounts (Postal). 
 
Sub: Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) effective from 01.01.2019 onwards —reg. 
 
Consequent upon grant of another installment of Dearness Allowance with effect from 1st January, 2019 to the Central Government Employees vide Government of India, Miniktry of Finance, Department of Expenditure's O.M. No. 1/1/2019-E-II (B) dated 27.02.2019, duly endorsed vide this Department's letters No. 8-1/2016•PAP dated 28.02.2019, the Gramin Dak Sevaks (GDS) have also become entitled to the payment of Dearness Allowances On basic TRCA at the same rates as applicable to Central Government Employees with effect from 01.01.2019. It has, therefore, been decided that the Dearness Allowance payable to the Gramin Dak Sevaks shall be at the same rates as payable to Central Government Employees i.e. @ 12%(percent) with effect from the let January, 2019. 
 
2. The payment Of arrears Of Dearness Allowance shall not be made before the date of disbursement of TRCA matrix of March, 2019. 
 
3. The expenditure on this account shall be debited to the Head "Salaries" under the relevant head of account and should be met from the sanctioned grant. 
 
4. This issues with the concurrence of Integrated Finance Wing vide their Diary No. 1235 dated 26/03/2019. 
 

Wednesday, 27 March 2019

Payment of DA to GDS [DOP Order]

DOP issued Orders regarding Payment of DA to GDS effective from 01.01.2019 onwards no 14-3/2016-PAP Dated 27-03-2017

Monday, 25 February 2019

Dearness Allowance (DA) Hiked By 3%

 
Dearness Allowance (DA) Hiked by 3%

New Delhi: In a major development on Tuesday, the Finance Minister Arun Jaitley in a cabinet briefing approved a hike in the dearness allowance (DA) for government employees and pensioners by 3 percent. The increase in dearness allowance by 3 percent is intended to benefit about one crore central government employees and pensioners. The dearness allowance to government employees and pensioners has been increased from the present 9 percent to 12 percent. The decision will be effective from January 1, 2019, onwards.

Other than this, the Union Cabinet today, February gave its nod to issue the Triple Talaq ordinance. The Cabinet has given its nod to the Triple Talaq ordinance, said FM Jaitley

Saturday, 5 May 2018

Expected DA From July 2018 2% or 3%

Expected DA from July 2018 is 2% or 3% increase – Estimated DA with effect from July 2018 will be 9% or 10% – Suggestion based on actual Consumer Price Index for 9 months and estimated CPI for 3 months.
 Expected DA From July 2018 2% or 3%
Central Government Employees including Railway Employees, Defense Personnel and all Central Services and Defense Pensioners are paid dearness allowance at the rate of 7% with effect from January 2018.
We have attempted to estimate expected DA from July 2018 in this article.
New DA Calculator for calculating Dearness Allowance payable on 7th CPC Basic Pay:
Dearness Allowance payable with effect from 7th CPC Basic Pay = (Avg of CPI-IW for the past 12 months – Average of CPI-IW recorded in 2015)*100/(Average of CPI-IW recorded in 2015)
Taking in to account, the revised DA Calculation Formula we have now come up with a new 7th Pay Commission DA Calculator.

DA from 1st July 2018 :-

We need AICPI (IW) (All India Consumer Price Index (Industrial Workers) for the months from July 2017 to June 2018 to determine Dearness Allowance with effect from July 2018. Actual Consumer Price Index for the months from July 2017 to March 2018 which are already available are tabulated as follows.
Month Actual AICPI-IW
July-2017 285
Aug-2017 285
Sep-2017 285
Oct-2017 287
Nov-2017 288
Dec-2017 286
Jan-2018 288
Feb-2018 288
Mar-2018 287
Apr-2018 To be released
May-2018 To be released
Jun-2018 To be released
With actual CPI for the months from July 2017 to March 2018 and estimated CPI from April 2018 to June 2018, we have to determine DA from July 2018.

Expected DA from July 2018 : Estimation :- 1

DA with effect from 1st July 2016 = [ (285+285+285+287+288+286+288+288+287+287+287+287)/12]-(261.4)X100/261.4
= 9 % (increase of 2% from the present DA of 7%)
A conservative estimation of keeping CPI as 287 from April 2018 to June 2018, which was recorded in the month of March 2018 gives us an increase of 2% in DA from July 2018.

Expected DA from July 2018 : Estimation : 2

We need at least 2 point increase in consumer price index in all the three months from April 2018 to June 2018, to get 3% increase in DA with effect from July 2018
DA with effect from 1st July 2016 = [ (285+285+285+287+288+286+288+288+287+289+291+293)/12]-(261.4)X100/261.4
= 10 % (increase of 3% from the present DA of 7%)
Considering the previous Trend in Consumer Price Index, Chances for Estimation 1 is higher than Estimation 2 as CPI should increase 2 points each in all the coming months in the case of later.
On the lower side, 1% increase in DA is possible only if 3 point decrease in consumer price index for the month from April 2018 and May 2018 followed by 4 point decrease in the month of June 2018. Decrease in CPI to such an extent is not possible considering the inflationary trend due rise in fuel prices.

Tuesday, 24 April 2018

PAYMENT OF DEARNESS ALLOWANCE TO GDS W.E.F 01.01.2018 ONWARDS

Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) effective 01.01.2018 onwards -reg.

No. 14-3l2016-PAP
Government of India
Ministry of Communication
Department of Posts
(Establishment Division)/P.A.P. Section

Dak Bhawan, Sansad Marg
New Delhi - 110 001
Dated:24th April,2018

To,
All Chief Postmaster General
All G.Ms. (PAF)/Directors of Accounts (Posts).

Subject: Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) effective 01.01.2018 onwards -reg.

Consequent upon grant of another instalment of Dearness Allowance with effect from 1st January,2018 to the Central Government Employees vide Government of India, Ministry of Finance, Department of Expenditure's O.M. No. 1/1/2OL8-E-II (B) dated 15.03.2018, duly endorsed vide this Department's letters No. 8-1/2016-PAP dated 19.03.2018 and Ministry of Finance, Department of Expenditure OM No.1/3/2008-E.ll(B) dated 28.03.2018, the Gramin Dak Sevaks (GDS) have also become entitled to the payment of Dearness Allowances on basic TRCA at the same rates as applicable to Central Government Employees with effect from 01.01.2018. lt has, therefore, been decided that the Dearness Allowance payable to the Gramin Dak Sevaks shall be enhanced from the existing rate of 139% to 142% on the basic Time Related Continuity Allowance, with effect from the 1st January, 2018.


2. The Dearness Allowance payable under this order shall be paid in cash to all Gramin Dak Sevaks.

3. The expenditure on this account shall be debited to the Head "Salaries" under the relevant head of account and should be met from the sanctioned grant.

4. This issues with the concurrence of Integrated Finance Wing vide their Diary No 05 /A/2018/CS dated 24.04.2018.
Sd/-
R L Patel
Assistant Director General (E stt.)