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National Federation of Atomic Energy
Employees
NFAEE
DEPARTMENT OF ATOMIC ENERGY
Regn.No.17/9615
Recognised
by DAE vide DAE OM No. 8/1/2007 – IR&W/95 dated 13th June 2007
NFAEE
Office, Opp. NIYAMAK BHAVAN, Anusaktinagar, Mumbai 400 094
Web site: www.nfaeehq.blogspot.com
; Email address: nfaee@yahoo.com
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Ref. No:
nfaee/sg/16/225 01.11.2016
To
All
Affiliates
NFAEE
Dear
Comrades,
WHY
WE DEMAND 3% DA FROM 1ST JULY 2016 INSTEAD OF 2%
As the 7th Pay commission
recommendations will be implemented with effect from 1.1.2016, the AICPIN
average of 2015 will be the Base Index for calculation of DA for 7th Pay
Commission
Formula for Calculation of DA in 7th
Pay Commission is = (12 months Average of
AICPIN -261.4) divided by 261.4 multiply by 100
[(263+264+266+269+270+269+269+267+268+271+275+277)/12]-
(261.4) X100/261.4 = 2.91% and DA declared 2%. It is
nothing but misappropriation.
Instead
of 261.4 it should be 260.46 as the DA
was given 125% instead of 125.75 in corresponding to price index of 261.4 from
1st January 2016. The
rounding of the DA to lower digit will not compensate fully to the price rise
and 100% neutralization DA. In other
words corresponding to 125% DA, the price index shall be 260.46.
Thus the formula for calculation of
DA for 7th CPC should be 12 months Average of AICPIN – 260.46
divided by 260.46 and multiplied by 100
Therefore the DA for July 2016
should be calculated as given below:
[(263+264+266+269+270+269+269+267+268+271+275+277)/12]-(260.46)
X100/260.46 = 3.27 and the DA should be 3%.
With fraternal Greetings,
Comradely yours,
(Jayaraj KV)
Secretary General
Address for
Correspondence: Jayaraj. KV, Secretary General, NFAEE
PESS/UED; BARC, Trombay,
Mumbai 400 085
Tel. No: (O): 022 – 25596519; (Res): 022 – 25554179; (Mobile): 9869501189
Email Address: nfaee@yahoo.com, jrajkv@yahoo.com
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