Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014

Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014

Expected DA from Jan 2015 – AICPIN Points for September Released – Remains Unchanged at 253

One of the most important department functioning under the Central Government is the Labour Bureau. The department releases a number of important statistics and conducts surveys. In the year 1872, the department had successfully conducted the population census of the entire country. This census gave not only the count of number of persons, but also the number of gainfully employed. Since then every census has thrown useful data on workers in different industries and occupations every 10 years. The bureau also releases official information, economic indicators like Consumer Price Index Numbers for Industrial, Agricultural and Rural Labourers; wage rate indices and data on industrial relations etc. that are followed by a number of government departments.

One such indicator is the monthly Consumer Price Index Numbers (Industrial Workers 2001=100), which is used to calculate the Dearness Allowance for Central Government employees. Prices of 24 essential commodities (from rice to bathing soap) are observed in 78 cities all over the country in order to calculate the average index of CPI(IW).

It is based on these statistics that, once every six months, the Centre announces Dearness Allowance for its employees. Based on the AICPIN(All India Consumer Price Index Numbers) between January and June, and between July and December, the Finance Ministry decides the percentage of hike in Dearness allowance and Dearness Relief according to the recommendations of 6th CPC and informs the Government. The Centre makes its decision after discussing the recommendation during the cabinet meeting.

Now, ‘Expected DA from Jan 2015′ is the first installment of next year and only three months’ data have been collected as of now, for the Dearness Allowance. Accurate D.A percentage can be calculated only after the remaining 3 months’ AICPIN points are announced.

But, we believe that based on October’s AICPIN points, we can conclude if the next D.A hike is going to be for 6% or 7%.

The Dearness Allowance announcements since 2006 have been tabulated and presented, as additional information.

Year wise DA Calculation tables form 2006 to 2014…

           

          

          

         

         

         

         

         

        

 

Source: http://www.cgstaffportal.in

Expected DA from July 2012 may be 7% again

Central D.A. from July'12 may be 7% again.

Subject to AICIN data for the next two months remaining in the current level, the following assumption is being made.

The AICPIN data for April 12 has been recently published. It rises to 4 points and reached 205. We know that D.A. is calculated on the basis for 12 months average. To calculate the D.A. payable from 1st July 2012, we need the figures of May and June 2012 which are to be released on 30.06.12 and 31.07.12 respectively. If the data remains for the next two months in the same level, i.e. 205, the hike will be 7%. Even if it marginally drops  1 point in any of the months, the rise will be still 7% which will take the total D.A. to 72%.


Considering the latest hike in petrol price, it is unlikely that the index may drop in the next months. So we can guess the next D.A. hike @7%, revising our previous guess work.

Source: www.paycommissionupdate.blogspot.in
[http://paycommissionupdate.blogspot.in/2012/06/central-da-from-july12-may-be-7-again.html]

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of April, 2012

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of April, 2012

Press Information Bureau

Government of India


Ministry of Labour & Employment

31-May-2012 16:53 IST

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of April, 2012

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of April, 2012 increased by 4 points and stood at 205 (two hundred five).

During April, 2012, the index recorded maximum increase of 9 points in Amritsar centre, 8 points each in Jaipur, Madurai and Vadodara centres, 7 points each in Mundakkayam, Bhilwara and Faridabad centres, 6 points in 7 centres, 5 points in 11 centres, 4 points in 15 centres, 3 points in 16 centres, 2 points in 7 centres and 1 point in 10 centres. The index decreased by 2 points in Belgaum centre and 1 point in Munger Jamalpur centre, while in the remaining 3 centres the index remained stationary.

The maximum increase of 9 points in Amritsar centre is mainly due to increase in the prices of Wheat Atta, Rajmah, Vanaspati Ghee, Fresh Milk, Vegetable & Fruit items, Firewood, Washing Soap, etc. The increase of 8 points each in Jaipur, Madurai and Vadodara centres is due to increase in the prices of Rice, Wheat, Arhar Dal, Groundnut Oil, Milk (Cow), Vegetable & Fruit items, Tea (Readymade), Cigarette, Electricity Charges, Barber Charges, Toilet Soap, Washing Soap, Tailoring Charges, etc. The increase of 7 points each in Mundakkayam, Bhilwara and Faridabad centres is due to increase in the prices of Rice, Groundnut Oil, Vanaspati Ghee, Fish Fresh, Vegetable & Fruit items, Tea (Readymade), Bidi, Firewood, Toilet Soap, Washing Soap, Tailoring Charges, etc. The decrease of 2 points in Belgaum centre is due to decrease in the prices of Rice, Jowar, Chillies Dry, Pan Leaf, etc.

The indices in respect of the six major centres are as follows :

1. Ahmedabad – 202

2. Bangalore – 209

3. Chennai – 190

4. Delhi – 188

5. Kolkata – 196

6. Mumbai – 208



The point to point rate of inflation based on CPI-IW(General) for the month of April, 2012 is 10.22% as compared to 8.65% in March, 2012. Inflation based on Food Index attained the level of 10.66% in April, 2012 as compared to 8.16% in March, 2012.



The CPI-IW for May, 2012 will be released on the last working day of the next month, i.e. 29th June, 2012.