Sunday 29 March 2015

WEIGHTAGE 1.86 IN VI CPC. WHAT CAN BE IN VII CPC.....



TO KNOW PRIOR HAND

The DA rate at the time of VI pay commission is 74%.Out of this 50% was merged with basic pay w.e.f 1.1.2004 as Dearaness pay. The DA was drawn @ 24% to Baisc pay + dearness pay .



NOW  REST OF THE HISTORY !!

*  The 6th Pay Commission had recommended a Multiplication Factor of 1.74,But the Central Government chose to change it to 1.86.

*   One of the reasons for this modification was the intense pressure from various Federations of Central Government Employees.

*  Exactly how did the Government arrive at 1.86?

*   Here is an explanation how –

*  Let us assume the Basic Pay, as of 01.01.2006, as 100%. Let’s take the Dearness pay (post the 50% DA Merger)  as  50%. Let us also take into account the 24% Dearness Allowance that was given before 01.01.2006.

*  If you add Basic Pay and Dearness Pay and calculate 24% of it, then you’d get 36%. (100 + 50 = 150 / 24 x 100 = 36)

    100% + 50% + 36% = 186%

*  This number is being taken for calculations as 1.86


*SO…WHAT SHOULD BE FATE IF THIS YARDSTICK IS FOLLOWED IN VII CPC , WHEN OUR DA WILL BE AROUND 120% AND THERE IS NO MERGER OF DA AS DEARNESS PAY-  WHICH  WAS DENIED THIS TIME DESPITE OUR DEMAND.














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