Revision of Variable Dearness Allowance

The Ministry of Labour & Employment, Government of India has notified and revised the rate of Variable Dearness Allowance (VDA) with effect from 1.10.2021.

  • The VDA is revised on the basis of average Consumer Price Index for industrial workers (CPI-IW) a price index compiled by Labour Bureau (an attached office of Ministry of Labour & Employment).
  • The average CPI-IW for the months of January to June, 2021 was used for undertaking the latest Variable Dearness Allowance (VDA) revision.
  • The move will benefit around 1.50 crore workers engaged in various scheduled employments in central sphere across the country.
  • The rates fixed for scheduled employment in Central sphere are 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 enforcement of Minimum Wages Act in the Central sphere is ensured through the Inspecting Officers of Chief Labour Commissioner (Central) Organization across the country for employees/workers engaged in the scheduled employment in the central sphere.

JOIN GS TIMES IAS PRELIMS CURRENT AFFAIRS- ENVIRONMENT, TECH. ECONOMY AND TERMINOLOGY BASED DAILY ONLINE TEST SERIES: HINDI AND ENGLISH

CLICK HERE DAILY CURRENT AFFAIRS QUIZ FOR STATE CIVIL SERVICES

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *