Monetary Loss for a Service Post Graduate

Are you aware that you do not get the following when you are doing Post Graduation

1. House Rent Allowance (Rs 3200 per month in Chennai - Rs 1800 in Other Places)
   
2. City Compensatory Allowance (Rs 600 per month in Chennai)
3. Medical Allowance Rs 100 per month
4. Non Practising Allowance. (Rs 600 per month in 5PC)
5. Yearly Annual Increments (Rs Around 630 per month)

Now let us calculate as to how much we are loosing

• HRA in Chennai : Rs 3200 x 12 = Rs 38400 per year
• HRA in Other places : Rs 1800 x 12 = 21600 per year
• CCA in Chennai : Rs 7200 per year
• Medical Allowance : Rs 1200 per year
• Non Practising Allowance : Rs 7200 per year (5 PC Rate - 6PC Rate awaited before August 31, 2009, which is not going to be less than this)
• Basic + DA : First Year of Post Graduation : Rs 630 + 24 % = Rs 781.20 per month = Rs 9374.40 per year
• Basic + DA : Second Year of Post Graduation : Rs 1280 + 24 % = Rs 1587.20 per month = Rs 19046.40 per year
• Basic + DA : Third Year of Post Graduation : Rs 1950 + 24 % = Rs 2418 per month = Rs 29016 per year
• Basic + DA : First Year of Superspecialisation : Rs 2640 + 24 % = Rs 3273.60 per month = Rs 39283.20 per year
• Basic + DA : Second Year of Superspecialisation : Rs 3350 + 24 % = Rs 4154 per month = Rs 49848 per year
• Basic + DA : Third Year of Superspecialisation : Rs 4090 + 24 % = Rs 5071.60 per month = Rs 60859.20 per year

Working Sheet for a Basic of Rs 8000 when you join your Course	Basic + DA
Diploma / Degree First Year / Those Already doing Superspeciality First Year	9374
Diploma / Degree First Year / Those Already doing Superspeciality Second Year	19046
Diploma / Degree First Year / Those Already doing Superspeciality Third Year	29016
Those doing Degree now and will be doing Superspeciality First Year later	39283
Those doing Degree now and will be doing Superspeciality Second Year later	49848
Those doing Degree now and will be doing Superspeciality Third Year later	60859
	207427

Chennai	Basic + DA	Medical Allowance	HRA Chennai	CCA	NPA	Total
Diploma Candidateds Loose	28421	2400	76800	14400	14400	136421
Master Degree Candidates Loose	57437	3600	115200	21600	21600	219437
Those Undergoing Superspeciality Loose	57437	3600	115200	21600	21600	219437
If you are doing Master and plan to do Superspeciality later, you loose	207427	7200	230400	43200	43200	531427

Other Places	Basic + DA	Medical Allowance	HRA Other Places	NPA	Total
Diploma Candidates Loose	28421	2400	43200	14400	88421
Master Degree Candidates Loose	57437	3600	64800	21600	147437
Those Undergoing Superspeciality Loose	57437	3600	64800	21600	147437
If you are doing Master and plan to do Superspeciality later, you loose	207427	7200	129600	43200	387427

Please note the following

1. The above calculations have been worked out for a person whose is getting a basic of Rs 8000 when he / she joins the PG Course. However most of us would have been got 1 to 3 increments when we join PG.
2. There are many who are doing PG with 6 to 10 increments. The monetary Loss will be substantially Higher for such People
3. Also the calculations are done with a DA of 24 %. When the DA increases the loss will be much higher

Why This Loss

1. There is very meagre increase in basic as far as the Sixth Pay Commission Recommendations are concerned. The bulk of the increase is through allowances. Hence In Service Post Graduates are loosing lakhs of rupees if the allowances are not given
2. When others are all getting money, service Post Graduates are loosing :(

Why our seniors ignored allowances

1. In the olden days, the bulk of the salary was through Basic + DA. Allowances constituted very meagre amount (around 500)
2. So our seniors did not mind much about getting allowance during PG Period

If Our Seniors Ignored Allowances and Increments, Why should I be concerned about it

1. You are loosing 2 lakhs to 3 laksh. In case you are going to do DM MCh again, the loss will be even higher. You decide whether you can be concerned about you loosing 6 lakhs are not

Who all should take up this issue

1. Those who are undergoing Post Graduation
2. Those who plan to undergo Post Graduation in the next few years

How to proceed

1. Let us Unite. Unity is Strength. Enrol all Service PGs in the association
2. Represent to DME through an association
   
3. Represent to Government through association