Financial Daily from THE HINDU group of publications
Friday, May 13, 2005

Port Info

Group Sites

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
Govt says no link between granting rights, airline's IPO

Nasscom shrugs off 112 anti-outsourcing US Bills
Banking reforms: Left parties take issue to PM
Kerala: MLAs' team to tour the Gulf
Compulsory auditing for charitable educational bodies, hospitals likely — Taxation laws amendment Bill introduced in LS
Nod for 50% DA merger with basic pay to CPSE staff
AP: Bill to regulate money lending

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