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Thursday, 2 July 2015

LATEST NEWS - CHQ
CDA INCREASE FROM JULY 2015: MAY BE 6 %
Central DA is granted once in six months, based on the average Index for the preceding 12 months.CDA from July 2015 will be determined calculating the average Index for the 12 months from July 2014 to June 2015. Index for June 2015 will be officially announced on 31st July 2015 only.
Eleven months Index is available. Based on that, it can be presumed that CDA will increase by a minimum of 6% from July 2015: From 113% to 119%. Increase of 1 point or 2 points in the Index for June will not change the position.
Same Index is taken for CDA and IDA. But, average is taken for 12 months and 3 months respectively. That is reflected in the rate of CDA and IDA.
IDA INCREASE : 2.1% FROM JULY 2015
30/06The Labour Bureau of India has released the All India Consumer Price Index for May 2015.
It is 258 points. (March: 254 points&April: 256 points)
With the above, the IDA from July 2015 can be assessed as 102.6%
IDA from January 2015: 100.5%
Increase: 2.1%
DA rate from July 2015: 102.6%
ONE RANK ONE PENSION:   DON'T HAVE ANY ILLUSION
30/06
THE MOUNTAIN DELIVERED A MOUSE !!!
It is like the 3000 years old story told by AESOP which said that "Then, slowly, and with hardly a whisper of sound... out of the huge cleft in the mountain peak there slowly emerged... a tiny little mouse."

"As ex-servicemen steadfastly press for the implementation of One Rank One Pension (OROP), top Ministry of Defence (MoD) sources have said that the main reason behind the delay is not funds, but the minuscule increase that jawans may get if OROP is implemented in its present form. Sources said that the concern within the government is that the jawans may get an increase of just about “few hundred” rupees per month — a raise that may not justify the decade long OROP agitation." ...Media report

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