Dearness Allowance to Navodaya Vidyalaya Samiti Employees from July 2018
NAVODAYA VIDYALAYA SAMITI
(An Autonomous Organisation)
Under Ministry of HRD)
Dept. of School Education & Literacy
Govt. of India
B-15, Institutional Area
Sector-62 Noida Distt. Gamin Budb Nagar
Uttar Pradesh -201307.
F.No.6-1/98-99/NVS(F&A)/106
Dated :- 14/09/2018
Sub: Payment of Dearness Allowance to the Employees of NVS – Revised Rates effective from 01.7 2018.
Consequent upon the orders issued by the Govt. of India, Ministry of Finance, Deptt. of Expenditure vide its O.M. number F.1/2/2018-E-II(B) dated 07/09/2018. approval of the competent authority is hereby conveyed for enhancement of Dearness Allowance to NVS employees with effect from 01/07/2018, from the existing rate of 7% to 9%
2. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all employees of NVS.
3. The Dearness Allowance, will be computed on the Basic Pay. The basic pay means the pay drawn in the prescribed level in the pay Matrix as per 7th CPC, which does not include any other type of pay like special pay etc.
4. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR.9 (21).
5. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.
6. The expenditure on account of the above payment shall be met from the budgetary provisions under the head Staff Payments-Salary as per the budget allocation for the financial year 2018-19.
(S.C. Bhatt)
Assistant Commissioner (Audit)