Central govt employees expect January 2017 Dearness Allowance up to 3%
Central government employees were not satisfied with the 2 percent Dearness Allowance(DA) announced by the government for July to December 2016 period. A discussion among the employees has begun what could be the expected DA in January 2017.
A posting in govtempdiary.com said that as per AICPIN release for October month, DA for January 2017 has been calculated and assumptions made. Take a look:
In case AICPIN value more than 277 for November and December 2016, then Dearness Allowance from January 2017 will be 3%.
In case AICPIN less than 277 for November and December, then Dearness Allowance from January 2017 will be 2% due to demonetisation, AICPIN Value may be volatile for coming months, said the post.