Expected DA from Jul 2014 - AICPIN for Jan 2014

Expected DA from Jul 2014 - AICPIN for Jan 2014 All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237 Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237(two hundred and thirty Seven). On 1-month percentage change, it decreased by 0.84 per cent between December and January compared with the rise of 0.91 per cent between the same...

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Cabinet Approved 10% Hike in Dearness Allowance from January 2014 for Central Government employees and Pensioners

Cabinet Approved 10% Hike in Dearness Allowance from January 2014 for Central Government employees and Pensioners 100% Dearness Allowance for Central Government employees and Pensioners with effect from 1.1.2014 The Union Cabinet today gave its approval to release an additional installment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2014 representing an increase of 10% over the existing rate of 90% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance...

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Government approves Rs 1,000 min monthly pension under EPS-95

Government approves Rs 1,000 min monthly pension under EPS-95 Government today approved the proposal to ensure Rs 1,000 minimum monthly pension under a scheme of retirement fund body EPFO that would immediately benefit 28 lakh pensioners. The decision to provide the entitlement under Employees' Pension Scheme-95, run by the Employees' Provident Fund Organisation, was taken by the Union Cabinet in its meeting held here.The move will immediately benefit about 28 lakh pensioners including five lakh widows. There are 44 lakh pensioners. Source:...

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