Dearness Allowance 2010

Latest Updates Dearness Allowance 2010:- Good news coming to central government employees’ way. Almost 50 lakh employees of central government will get 8 percentage points increase in their dearness allowance (DA).
The dearness allowance (DA) will see an overall increase of 35% since 1st Jan 2010 according to sources. The calculations for the DA are dependent on the All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100.

According to the confirmed sources, DA (Dearness Allowance) to 8% would be increased by 8% for all the central Government Employees which means it would be overall raised to 35% from 1 January, 2010The government announces the All India Consumer Price Index every year depending on the existing prices of commodities. For instance the All India Consumer Price Index for Industrial Workers for October 2009 on base 2001=100 had increased by two points and went up to 165. Keeping in view the situation, the Government announced dearness allowance to cope up with the price rise. It said that with effect from 1st January 2006, the dearness allowance would be changed from 536 points in Base Year 1982=100 to 115.763 points in Base Year 2001=100.