Common use of Dearness Allowance Clause in Contracts

Dearness Allowance. In substitution of Clause 7 of Bipartite Settlement dated 2nd June 2005 with effect from 1st November 2007, the dearness allowance shall be payable as per the following rates:- Clerical and Subordinate Staff 0.15% of „pay‟ Note: Dearness Allowance in the above manner shall be paid for every rise or fall of 4 points over 2836 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100.

Dearness Allowance. In substitution of Clause 7 of Bipartite Settlement dated 2nd June 2005 27th April 2010 with effect from 1st November 20072012, the dearness allowance Dearness Allowance shall be payable as per the following rates:- Clerical and Subordinate Staff 0.150.10% of „pay‟ ‘pay’ Note: Dearness Allowance in the above manner shall be paid for every rise or fall of 4 points over 2836 4440 points in the quarterly average of the All India Average Working Class Consumer Price Index (General) Base 1960=100.