Tag: Dearness Allowance
Aykroyd Formula to replace 7th Pay Commission
In future, the remuneration of Central-government employees will in all likelihood be fixed by a new system known as the Aykroyd formula, instead of...
18% hike in DA for WB State Govt. employees
In addition, a 10 per cent interim relief will also be implemented from January 2019.
Cabinet approves 2% DA for Central-Government employees
This will benefit about 48.41 lakh Central-Government employees and 61.17 lakh pensioners.
Central Government increases dearness allowance (DA) by 1 per cent
This increase is aimed at compensating for the price rise.
Govt plans meagre 2–4% hike in dearness allowance; makes labour unions...
The unions feel the proposed hike would be unable to offset the real impact of price rise.