DA announcement for January 2017 will be made in this week
The DA announcement for Dearness Allowance from January 2017 will be made by Union cabinet in this week. It is expected that decision on January DA will be taken in the next Cabinet Meeting to be held in this week.
As per the prescribed formula for arriving the rate of Dearness Allowance, the past 12 Months AICPIN for Industrial Workers from January 2016 to December 2016 determines 2% hike in DA.
The Dearness Allowance will be enhanced from 2% to 4% with effect from 1.1.2017.
The DA announcement will benefit to 50 Lakh Central Government Employees and Pensioners. The DA arrears for enhanced DA will be paid for the Month of January and February 2017 with salary of March 2017 if it is announced early this Month.
Source : Gservants
