Financial Daily from THE HINDU group of publications
Friday, May 13, 2005
Financial Daily from THE HINDU group of publications Friday, May 13, 2005 |
|
|
|
|
|
Government
-
Financial Policy Industry & Economy - PSU Nod for 50% DA merger with basic pay to CPSE staff Our Bureau
NEW DELHI: The Union Cabinet has given its approval to the merger of 50 per cent of dearness allowance (DA) with basic pay for Central public sector enterprises (CPSE) employees following the Central Dearness Allowance (CDA) pattern pay-scales. The decision of merging 50 per cent DA with basic pay will benefit the employees following the CDA pattern pay scales of the CPSEs, that are in a position to absorb the additional expenditure without budgetary support. Besides, the Cabinet also approved extension of merger of DA equal to 50 per cent of the existing basic pay to the CDA pattern for employees of FCI.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|