Page 4 - Variable Dearness Allowance News Today

Variable Dearness Allowance (DA) hike: These rates are equally applicable to contract and casual employees/workers

Govt hikes variable DA; 1.5 cr central govt employees to benefit 7th Pay Commission latest update: The hike, announced on Friday, May 21, effective from April 1, 2021, will also, result in an increase in the rate of minimum wages for over 1.5 central sphere employees and workers BusinessToday.In | May 22, 2021 | Updated 11:14 IST Variable DA is revised on the basis of the average Consumer Price Index for Industrial Workers (CPI-IW) The Union Ministry of Labour and Employment has announced a hi...

Government revises rate of minimum wages for central sphere employees ANI | Updated: May 21, 2021 23:05 IST New Delhi [India], May 21 (ANI): At a time when the country is struggling with the second wave of COVID-19 pandemic, the government on Friday revised the rate of Variable Dearness Allowance (VDA) given to workers engaged in various scheduled employments in central sphere. An official release said that the Labour Ministry has notified and revised th...

The new rate to be effective from April 1 and to benefit about 1.50 crore workers.

  The Ministry of Labour and Employment on Friday announced a hike in variable dearness allowance for more than 1.5 crore workers in the central sphere by Rs 105 to Rs 210 per month. The hike, which will be effective from April 1, 2021, will also result in an increase in rate of minimum wages for central sphere employees and workers. It will be for scheduled employment in central sphere and applicable to the establishments under the authority of central government, railway administration, mine...

Honda Motor plans to trim India operations January 07, 2021 HMSI has production facilities at Manesar (Haryana), Alwar (Rajasthan), Narsapura (Karnataka) and Vithalapur (Gujarat) with a combined capacity of 6.4 million units annually   -  Somashekar G R N HMSI has production facilities at Manesar (Haryana), Alwar (Rajasthan), Narsapura (Karnataka) and Vithalapur (Gujarat) with a combined capacity of 6.4 million units annually   -  Somashekar G R N× India continues to be a priority market, ...

Honda Motorcycle & Scooter India rolls out VRS to employees January 06, 2021 The scheme will be effective from January 5 and will remain open till January 23 Country’s largest scooter maker Honda Motorcycle & Scooter India (HMSI) on Tuesday introduced a voluntary retirement scheme (VRS) for its employees above the age of 40 or who have completed 10 years in the company. The company said it is realigning its production strategy for improved overall operational efficiency with the objective of...