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Government hikes variable dearness allowance: Here s what it means for central workers | Personal Finance News

Highlights The hike, which will be effective from April 1, 2021, will also result in an increase in the rate of minimum wages for central sphere employees and workers. It will be for scheduled employment in the central sphere and applicable to the establishments under the authority of the central government, railway administration, mines, oil fields, major ports or any corporation established by the central government. The VDA is revised on the basis of the average Consumer Price Index for Industrial Workers (CPI-IW), a price index compiled by the Labour Bureau. The government had 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.

7th Pay Commission: BIG news for central govt employees regarding DA hike, PF, gratuity change

7th Pay Commission: BIG news for central govt employees regarding DA hike, PF, gratuity change The revised rate of variable dearness allowance (VDA) is said to benefit 1.5 crore workers. Share Updated: May 24, 2021, 07:36 PM IST In what comes as good news for millions of Central government employees, Centre has announced an increase in variable dearness allowance (VDA). The dearness hike ranges from Rs 105 to Rs 210 per month. The hike in the DA will come in effect from April 1, 2021, as per the latest notification by the labour and employment ministry. This revised rate of VDA is said to benefit 1.5 crore workers. It will be for scheduled employment in the central sphere and applicable to the establishments under the authority of central government, railway administration, mines, oil fields, major ports or any corporation established by the central government. These rates are equally applicable to contract and casual employees/workers, the ministry of labour & employment sai

Govt hikes variable DA; 1 5 cr central govt employees to benefit

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 hike in variable dearness allowance (DA) from Rs 105 per month to Rs 210 per month for central government employees. 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.

Enabling access to MGNREGA entitlements during COVID-19 through Community Radios

May 22, 2021 The virtual shutdown of all economic activities due to Covid-19 pandemic has resulted in a massive loss of livelihoods. Millions of workforces in the unorganised sector has been one of the worst affected sections of society. Further, a significant part of this workforce has reverse migrated from cities to rural areas. In order to address this migrant crisis, Young India,a Odisha based development organisation in partnership with United States Department of State, implemented an awareness campaign “Nua Sakalara Katha” to create awareness on Covid-19 and to facilitate employment opportunities for migrant labours through different govt. schemes like Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

Labour ministry hikes variable dearness allowance for workers in central sphere

Labour ministry hikes variable dearness allowance for workers in central sphere SECTIONS Share Synopsis The rates fixed for scheduled employment in the central sphere are applicable to the establishments under the authority of the central government, Railway administration, mines, oil fields, major ports or any corporation established by the central government and are equally applicable to contract and casual employees or workers. ET Bureau In a move aimed at benefiting 1.50 crore central sector employees, the labour ministry on Friday marginally increased the minimum wage of industrial workers employed in the central sphere including in mining and construction activities by revising the variable dearness allowance (VDA). This would lead to Rs 105 to Rs 212 per month increase in wages for workers doing scheduled employment in the central sphere.

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