DA and DR from July to Dec 2015 – Cabinet Committee may approve tomorrow
As per media news, the Cabinet committee in its meeting tomorrow is likely to approve an additional Dearness Allowance for Central Government employees due from July 2015. The second installment of this year, from July to December 2015, an additional DA is finalized hike by 6% as per the calculations recommended by 6th CPC. Now the Central Government employees and pensioners are getting 113% DA and DR, after the declaration by the Cabinet Committee on DA, it will become 119%. 6 months of the All India Consumer Price Index (CPI-IW) from Jan to Jun 2015 is the key points to calculate DA and DR from July 2015, the below table describes the calculation clearly…