Orders for hiking DA from 58% to 65% w.e.f 1st Jan 2012 issued

The Ministry of Finance has issued the order for enhancing Dearness  Allowance  from 58% to 65% with effect from 1st January 2012. The addit...

The Ministry of Finance has issued the order for enhancing Dearness Allowance from 58% to 65% with effect from 1st January 2012.

The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government Employees.

These orders shall also apply to the civilian employees paid from the Defence services estimates.

In regard to Armed forces personnel and Railway Employees separate orders will be issued by the Ministry of Defence and Ministry of Railways respectively.

In respect of Central Government Pensioners and family pensioners also separate orders will be issued by Government.

NO.1 (1)/2012-E-II (B)

Government of India

Ministry of Finance

Department of Expenditure

New Delhi the 3rd April 2012

Office Memorandum

Subject : Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.1.2012

The undersigned is directed to refer to this Ministry’s Office Memorandum No: 1(14)/2011-E-II (B) dated 3rd Octover, 2011, on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government Employees shall be enhanced from the existing rate of 58% to 65% with effect from 1st January, 2012.

2. The provisions contained in paras 3, 4, 5 of the Ministry’s O.M No.1 (3)/2008-E-II (B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional instalment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government Employees.

4. These orders shall also apply to civilian employees paid from the defence services estimates and the expenditure will be chargeable to the relvant head of the Defence Estimates. In regard to Armed foces personnel and Railway employees separate orders will be issued by the Ministry of Defence and Ministyr of Railways respectively.

5. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders issue in consulation with the Comptroller and Auditor General of India.

sd/-

(Anil Sharma)

Under Secretary

For more details read this Finance Ministry Office Memorandum NO.1 (1)/2012-E-II (B) dated 03.04.2012

Courtesy : http://www.gconnect.in/