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akraiism
08-03-2010, 11:33 AM
Day before yesterday MOS Mr Namonarayan told in the Parliament,"DA from January 2010 will be declared according to 6CPC recomended formula".Any one can clarify the matter,please.If so what will be new formula?

sreekumar-nifphatt
08-03-2010, 12:57 PM
Respected Members,

A person with direct entry to serve of Rs.2800 as Grade pay in PB-I, on completion of 10 years which would be his next MACP?

Sreekumar.
8.3.2010

tvenkatam
08-03-2010, 02:45 PM
Respected Members,

A person with direct entry to serve of Rs.2800 as Grade pay in PB-I, on completion of 10 years which would be his next MACP?

Sreekumar.
8.3.2010

Dear Friend,

The upgradation will be to the next grade pay of Rs. 4200.

kgkacharya
08-03-2010, 08:09 PM
Day before yesterday MOS Mr Namonarayan told in the Parliament,"DA from January 2010 will be declared according to 6CPC recomended formula".Any one can clarify the matter,please.If so what will be new formula?
The recommendations of Sixth CPC is as under:
Para 4.1.14: The Commission, therefore, recommends that the AICPI (IW) with base 2001 may, henceforth, be used for the purpose of calculating DA till it gets revised. As mentioned earlier, the base year should be revised as frequently as feasible.
4.1.19: No real justification exists for revising DA once in 3 months. Accordingly, DA may continue to be sanctioned twice a year as on 1st January and 1st July payable with the salary of March and September respectively for administrative convenience with inflation neutralization being maintained at 100% at all levels.

CPI [IW] Base Year 2001 = 100
Calculation:
12 Monthly Average of CPI [IW] (-) 115.76 X 100
115.76
=Percentage increase in prices (ingnoring fractions) and inflation neutralization at 100% at all levels.
The current rate of DA from 01.01.2010 would arrive at 35% i.e. Tweleve monthly average = 1885/12= 157.08 (-) 115.76
= 41.32X100/115.76=35.69%=35%

akraiism
08-03-2010, 08:27 PM
The recommendations of Sixth CPC is as under:
Para 4.1.14: The Commission, therefore, recommends that the AICPI (IW) with base 2001 may, henceforth, be used for the purpose of calculating DA till it gets revised. As mentioned earlier, the base year should be revised as frequently as feasible.
4.1.19: No real justification exists for revising DA once in 3 months. Accordingly, DA may continue to be sanctioned twice a year as on 1st January and 1st July payable with the salary of March and September respectively for administrative convenience with inflation neutralization being maintained at 100% at all levels.

CPI [IW] Base Year 2001 = 100
Calculation:
12 Monthly Average of CPI [IW] (-) 115.76 X 100
115.76
=Percentage increase in prices (ingnoring fractions) and inflation neutralization at 100% at all levels.
The current rate of DA from 01.01.2010 would arrive at 35% i.e. Tweleve monthly average = 1885/12= 157.08 (-) 115.76
= 41.32X100/115.76=35.69%=35%
you seem to be right sir,but some doubt is arising why this statement by Minister of State (MOF) was given in parliament while DA announcement is a routine matter and it is not being given first time over base year 2001.

kgkacharya
08-03-2010, 08:30 PM
you seem to be right sir,but some doubt is arising why this statement by Minister of State (MOF) was given in parliament while DA announcement is a routine matter and it is not being given first time over base year 2001.

Dear Sir,
The statement by the minister may be due to some Parliament question by MPs regarding payment of DA.