DA July 2019 waiting for Central Government Employees and Pensioners
The Finance Ministry will issue a order for payment of DA to all eligible employees. Almost 90% of the formal procedures have been completed but the Cabinet Committee approval is being awaited.
Currently CG employees are getting 12% DA, which was implemented last in January 2019. They are now waiting for the second half DA hike of the year 2019.
Dearness Allowance is calculated according to the cost of living allowance paid to government employees and pensioners .The amount of DA depends on the market movement which, is unpredictable. This is why it becomes important to understand that the government can compensate only to a certain extent in accordance with its estimates.
This allowance is specifically offered to government employees because of the uncertain nature of their shifts and transfers from one place to another.
The main reason for this is the sub division of India into Metropolitan cities, Districts, Towns and Villages.
The sub division means that an individual’s cost of living can vary from one place to another depending on their transfer area. So DA is necessary in a place like India
According to AICPIN calculation all Central government employees and pensioners, including Defence & Railways, are waiting for the announcement of additional DA due from July 2019. Usually DA increment happens twice in a year, that comes in January & July generally and released in March & September. It is fully taxable. Read more: www.govtempdiary.com
Anonymous says
Why News publishers so ager about DA . Have no any matters to print.