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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