The most anticipated office memorandum has been released by Ministry of Finance / Department of Expenditure vide No. 1(14)/2011-E-II (B) today on its website regarding that the payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.7.2011.
We have reproduced the above said order for your ready reference below...
GOVERNMENT OF INDIA / MINISTRY OF RAILWAYS / RAILWAY BOARD
RBE No.134/2011
No.E(P&A)II-2011/PLB-6
New Delhi, dated: 30.9.2011.
The General Managers/CAOs,
All Indian Railways & Production Units etc.
(As per mailing lists No.1 & 2)
Subject: Payment of Productivity linked Bonus to all eligible non-gazetted Railway employees for the financial year 2010-2011.
The President is pleased to sanction Productivity Linked Bonus (PLB) equivalent to 78 (Seventy eight) days wages without any ceiling on wages for eligibility for the financial year 2010-11 to all eligible non-gazetted Railway employees (excluding all RPF/RPSF personnel). Where wages exceed Rs.3500- per month, Productivity Linked Bonus will be calculated as if ’wages’ are Rs.3500/- p.m.
2. ‘Wages’ for the purpose of calculating Productivity Linked Bonus shall include ‘Basic pay’ as defined in the Railway Services (Revised Pay) Rules 2008 and dearness allowance drawn during the financial year 2010-11. Other conditions of eligibility, method of calculation of wages, etc., as prescribed in this Ministry’s instructions and clarifications issued from time to time, shall remain unchanged.
CABINET APPROVES 8% HIKE IN DEARNESS ALLOWANCE FOR CG EMPLOYEES
