Cabinet approved 78 days' bonus for Railway employees. Calculation ceiling stands at Rs 3500 p.m.

The Union Cabinet in its meeting held on October 2015 accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2014-2015 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).
The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 1030.02 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is 3500/- p.m. The maximum amount payable per eligible railway employee is Rs. 8975 for 78 days.
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Likely Bank D.A. from November 2015

3% (30 slabs) increase likely.

At present the DA (as per 10th BPS) is @ 36.40%, for the months of  August,  2015 to October  2015.    The CPI has moved up considerably from June 2015 level.  Thus, in the given scenario, there are good chances that  DA from November 2015 will increase  in all probabilities by around 3.00%    Thus, we project that DA for November  2015 will be around  39.40%

Finance Ministry reminds Pay Commission about fiscal concern, hopeful about consideration

• Pay panel will be mindful of fiscal concerns: FinMin
• New Delhi, Oct 5 (PTI) Finance Ministry today said the Seventh Pay Commission will be mindful of the fiscal concerns of the government while giving its report on new pay scales and remunerations for central government employees and pensioners.
  
  The Commission, headed by Justice A K Mathur, has been given time up to December 2015 to submit its report on revising emoluments of nearly 48 lakh central government employees and 55 lakh pensioners.
  
  "We have communicated our concerns with regard to sustainability of public expenditure to Pay Commission. I am sure the members and chairman of the commission are aware of and will be sensitive to our concerns," Finance Secretary Ratan Watal told reporters here.

Karnataka hikes D.A, from 1st July 2015

"Government are pleased to sanction increase in the rates of Dearness Allowance payable to the State Government Employees in the Revised Pay Scales 2012 from the existing 28.75% to 32.5% of Basic pay with effect from 1st July, 2015."
"Government are also pleased to sanction increase in the rates of Dearness Allowance from the existing 28.75% to 32.5% of the Basic Pension/Family Pension with effect from 1" July, 2015 to the State Government Pensioners/Family Pensioners and pensioners/Family Pensioners of the Aided Educational Institutions whose Pension/Family Pension is paid out of the Consolidated Fund of the State.
Government are also pleased to sanction increase in the rates of Dearness Allowance from the existing 28.75% to 32.5% of the Basic Pension/Family Pension with effect from 1" July, 2015 to the Pensioners/Family' Pensioners who were drawing pay at the UGC/AICTE/ICAR scales of pav"
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AICPIN of August 2015 released. Increased by one point

All-India Average Consumer Price Index Numbers for Industrial Workers (Base 2001=100) for the month of August 2015 has been increased by one point and reached 264.