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Posts Tagged ‘AICPIN’

AICPIN for the month January 2017

AICPIN for the month January 2017

Consumer Price Index for Industrial Workers (CPI-IW) for the month of January 2017.

The Labour Bureau today published the statistical index of CPI-IW for the calculation purpose of Dearness Allowance and Dearness Relief for the existing and retired employees of Central Government. This Consumer Price Index also used for the calculation of Dearness Allowance for Workmen and Officers Employees in Banks.

The All-India CPI-IW for January 2017 decreased by one point and stood at 274.

For more details, Click the link to view the Press Release

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Be the first to comment - What do you think?  Posted by admin - February 28, 2017 at 10:06 pm

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AICPIN for the month of December 2016

AICPIN for the month of December 2016

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 31st January, 2017

 Press Release

Consumer Price Index for Industrial Workers (CPI-IW)-December, 2016

The All-India CPI-IW for December, 2016 by 2 points and stood 275 (two hundred and seventy five). On 1-month percentage change, it decreased by (-) 0.72 per cent November and December, 2016 when compared with the decease of (-) 0.37 per cent between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group conuibuting (-) 2.74 percentage points to the total change. At item level, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Muslard Oil, Chillies Green, Ginzer, Brinjal, Cabbage, Carrot, Cauliflower, French Beans, Gourd, Green Coriander Leaves, Methi, Palak, Peas, Potato, Radish, Tomato, Banana, Lemon, etc. are responsible for the decrease in index. However, this decrease checked by Rice, Wheal, Wheat Alta, Coconut OiL Fish Fresh, Goat Meat, Milk Snack Saltish, Cooking Gas, ESI Premium Contribution, Petrol, Flowe/Flower Garlands, Toilet Soap, etc., putting upward on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.23 per cent for December, 2016 as compared to 2.59 per cent for the pervious month and 6.32 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 0.67 per cent against 1.66 per cent of the previous month and 7.94 per cent during the corresponding month or the previous year.

At centre level, Rourkela reported the maximum decrease or 10 points followed by Vadodara (9 points), Nagpur and Lucknow (8 points each) and Amritsar, Varanasi and Monger Jamalpur (6 points each). Among others, 5 points decrease was observed in 7 centres, 4 points in 12 centres, 3 points in 9 centres, 2 points in 15 centres and 1 point in 10 centres. On the contrary, Quilon recorded maximum increase of 6 points followed by Ernakulam and Mundakkayam (3 points each). Among others, 2 points increase was observed in 4 centres and 1 point in 4 centres. Rest or the 7 centres indices remained stationary.

The indices or centres are above All-India Index and other 43 centres indices are below national average. The index or Vishakhapathnam centre remained at par with All-India Index. The next or CPI-IW fer the month of January, 2017 will be released on Tuesday, 28th February, 2017. The same will also be available on the office website www.labourbureaunew.gov.in

sd/-
(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

Authority: www.labourbureaunew.gov.in

Be the first to comment - What do you think?  Posted by admin - February 1, 2017 at 8:05 am

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DA from January 2017 will be 4% or 5% – Dearness Allowance Estimation

DA from January 2017 will be 4% or 5% – Dearness Allowance Estimation

DA from January 2017 will be 4% or 5% based on Consumer Price Index (Industrial Workers) from January 2016 to December 2016 – Net increase in DA with effect from January 2017 is estimated to be 2% or 3%

All India Consumer Price Index (Industrial Workers) for the month of November 2016 has been released by Ministry of Labour few days back.

What do we need for estimating DA from January 2017 ?

After implementation of 7th Pay Commission report, same inflation index i.e Consumer Price Index (Industrial Workers) with base year 2001=100, which was used for 6th Pay Commission Pay, is adopted for determining Dearness Allowance of Central Government Employees and Pensioners.

The only difference in DA calculation as far as DA from January 2016 will be, will be taking the Average of CPI-IW recorded in 2015 in the place of Average of CPI-IW recorded in 2005 which was used in 6th CPC DA calculation

Dearness Allowance payable after implementation of 7th Pay Commission = (Avg of CPI-IW for the past 12 months – Average of CPI-IW recorded in 2015)*100/(Average of CPI-IW recorded in 2015)

In order to determine DA with effect from January 2017, based on the above formula we need Consumer Price Index for the months from January 2016 to December 2016

Now that Consumer Price Index for the months from January 2016 to November 2016 is available, we have made an attempt to estimate Dearness Allowance applicable to Central Government Employees and Pensioners with effect from 1st January 2016, by assuming the possible CPI (IW) for the month of December 2016.

Month Actual AICPI-IW
Jan-2016 269
Feb-2016 267
Mar-2016 268
Apr-2016 271
May-2016 275
Jun-2016 277
Jul-2016 280
Aug-2016 278
Sep-2016 277
Oct-2016 278
Nov-2016 277
Dec-2016 Yet to be released

Estimation of DA from 1st January 2017:

Scenario 1 : No increase in AICPI (IW) in December 2016

AICPI (IW) for November 2016 is 277. If AICPI (IW) for December 2016 remains the same as November 2016, there will be additional 1% increase in DA from January 2017 which would make overall DA as 5%.

DA with effect from 1st January 2017 = [ (269+267+268+271+
275+277+280+278+
277+278+277+277)/12]-(261.4)
X100/261.4
= 5 %

Scenario 2: Decrease in AICPI (IW) in December 2016

Even if All India Consumer Price Index (Industrial Workers) decreases by 31 point and pegged at 246 in the month of December 2016, DA from January 2017 will be 4% . At the same time even for 1 point decrease in the index for December 2016 will result in lesser DA increase from January 2017 compared to Sceanrio 1 in which index is unaltered in Dec 2016.

DA with effect from 1st January 2017 = [ (269+267+268+271+
275+277+280+278+
277+278+277+246)/12]-(261.4)
X100/261.4
= 4 %
DA with effect from 1st January 2017 = [ (269+267+268+271+
275+277+280+278+
277+278+277+276)/12]-(261.4)
X100/261.4
= 4 %

Scenario 3 : Increase in AICPI (IW) in December 2016

It is very interesting to note here that, even for increase in consumer price index in the month of December up to 31 points, i.e Increase in AICPI (IW) for December 2016 to 308 points from 277 points in November 2016, DA from January 2017 will be 5% only.

DA with effect from 1st January 2017 = [ (269+267+268+271+
275+277+280+278+277+
278+277+308)/12]-(261.4)
X100/261.4
= 5 %

The other scenario that increase of more than 31 points in AICPI (IW) in the month of December 2016 for making DA with effect from January 2017 more than 5% is most unlikely.

Hence, it is more logical to conclude that DA from January 2017 will be either 4% or 5%.

Be the first to comment - What do you think?  Posted by admin - January 3, 2017 at 6:14 pm

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Expected DA from Jan 2017 : AICPIN for November 2016

Expected DA from Jan 2017 : AICPIN for November 2016

Press Release

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

CPI(IW) Base 2001=100 Monthly Index Letter – November 2016

JANUARY 2016 269
FEBRUARY 2016 267
MARCH 2016 268
APRIL 2016 271
MAY 2016 275
JUNE 2016 277
JULY 2016 280
AUGUST 2016 278
SEPTEMBER 2016 277
OCTOBER 2016 278
NOVEMBER 2016 277
DECEMBER 2016

No. 5/1/2016 – CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 30th December, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2016

The All-India CPI-IW for November, 2016 decreased by 1 point and stood at 277 (two hundred and seventy seven). On 1-month percentage change, it decreased by (-) 0.36 per cent between October and November, 2016 when compared with the increase of (+) 0.37 per cent between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.33 percentage points to the total change. At item level, Rice, Arhar Dal, Moong Dal, Urd Dal, Groundnut Oil, Chillies Green, Banana, Brinjal, Cabbage, Cauliflower, French Beans, Gourd, Green Coriander Leaves, Lady’s Finger, Methi, Palak, Potato, Radish, Tomato, etc. are responsible for the decrease in index. However, this decrease was checked by Wheat, Wheat Atta, Gram Dal, Goat Meat, Tea (Readymade), Cooking Gas, Electricity Charges, Petrol, Toilet Soap, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.59 per cent for November, 2016 as compared to 3.35 per cent for the previous month and 6.72 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 1.66 per cent against 2.99 per cent of the previous month and 7.86 per cent during the corresponding month of the previous year.

At centre level, Salem reported the maximum decrease of 10 points followed by Bokaro (9 points), Raniganj and Kolkata (6 points each) and Ahmedabad (5 points). Among others, 4 points decrease was observed in 2 centres, 3 points in 8 centres, 2 points in 8 centres and 1 point in 15 centres. On the contrary, Jaipur recorded a maximum increase of 6 points followed by Rourkela and Srinagar (3 points each). Among others, 2 points increase was observed in 5 centres and 1 point in 7 centres. Rest of the 25 centres’ indices remained stationary.

The indices of 35 centres are above All-India Index and other 40 centres’ indices are below national average. The index of Jabalpur, Vishakhapathnam and Ludhiana centres remained at par with All-India Index.

The next issue of CPI-IW for the month of December, 2016 will be released on Tuesday, 31st January, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.

Be the first to comment - What do you think?  Posted by admin - December 31, 2016 at 11:23 am

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AICPIN for October 2016

AICPIN for October 2016 : All-India Average Consumer Price Index Numbers for Industrial Workers (Base 2001=100)

Item General Index
Jan-16 269
Feb-16 267
Mar-16 268
Apr-16 271
May-16 275
Jun-16 277
Jul-16 280
Aug-16 278
Sep-16 277
Oct-16 278
Nov-16
Dec-16
Average

Be the first to comment - What do you think?  Posted by admin - December 2, 2016 at 10:18 pm

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Expected DA from Jan 2017 : AICPIN for September 2016

All India Consumer Price Index Numbers for the month of Sep, 2016 released.

The Consumer Price Index for Industrial Workers Base Year 2001=100 for the month of September 2016 has been released by the Labour Bureau today through its official web portal. The index decreased by one point and stands at 277.

aicpin-sep-2016

No.5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 31st October, 2016

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2016

The All-India CPI-IW for September, 2016 decreased by 1 point and stood at 277 (two hundred and seventy seven). On I-month percentage change, it decreased by (-) 0.36 per cent between August and September, 2016 when compared with the increase of(+) 0.76 per cent between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.17 percentage points to the total change. At item level, Arhar Dal, Moong Dal, Masur Dal, Urd Dal, Fish Fresh, Eggs (Hen), Poultry (Chicken), Chillies Green, Onion, Brinjal, Cabbage, Carrot, Gourd, Green Coriander Leaves, Potato, Pumpkin, Tomato, Apple, Banana, Medicine (Allopathic), etc. are responsible for the decrease in index. However, this decrease was checked by Wheat, Wheat Atta, Gram Dal, Mustard Oil, Cauliflower, Parval, Radish, Coconut, Lemon,
Tea (Readymade), Snack Saltish, Private Tuition Fee, Petrol, etc.

The year-on-year inflation measured by monthly CPI-IW stood at 4.14 per cent for September, 2016 as compared to 5.30 per cent for the previous month and 5.14 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 4.05 per cent against 6.16 per cent of the previous month and 5.71 per cent during the corresponding month of the previous year.

At centre level, Belgaum, Rajkot, Mumbai and Ahmedabad reported the maximum decrease of 4 points each followed by Ludhiana, Madurai, Agra, Chennai, Warrangal, Bhilwara and Surat (3 points each). Among others, 2 points decrease was observed in 12 centres and 1 point in 18 centres. On the contrary, Angul-Talcher recorded a maximum increase of 7 points followed by Howarah and Amritsar (3 points each). Among others, 2 points increase was observed in 8′ centres and 1 point in 7 centres. Rest of the 19 centres indices remained stationary.

The indices of 33 centres are above All-India Index and other 41 centres. indices are below national average. The indices of Jabalpur, LucknQw, Pune and Bhopal centres remained at par with All-India Index.

The next issue of CPI-IW for the month of October, 2016 will be released on Wednesday, 30th November, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

Click here to view the Press Release

Be the first to comment - What do you think?  Posted by admin - November 1, 2016 at 10:24 am

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DA Calculation with AICPIN: Labour Bureau released Index for August 2016

DA Calculation with AICPIN: Labour Bureau released Index for August 2016

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

CPI(IW) Base 2001=100 Monthly Index Letter : August 2016

Month / Year CPI(IW)
JANUARY 2016 269
FEBRUARY 2016 267
MARCH 2016 268
APRIL 2016 271
MAY 2016 275
JUNE 2016 277
JULY 2016 280
AUGUST 2016 278

The All India CPI-IW for August, 2016 decreased by 2 points and pegged at 278 (two hundred and seventy eight). On 1 month percentage change, it decreased by (-) 0.71 per cent between July, 2016 and August, 2016 when compared with the increase of (+) 0.38 per cent between the same two months a year ago.

Click here for press note

Authority: http://labourbureau.nic.in/

Be the first to comment - What do you think?  Posted by admin - October 1, 2016 at 7:30 am

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DA & Linking Factor : What is expected? : DA Announcement and linking factor explored

DA & Linking Factor  What’s expected?  DA Announcement and linking factor explored.

As you all know that DA is calculated based on AICPIN.

AICPIN is calculated based on the inflation and the cost of living in various cities. So, what’s going to happen in 7th Pay Commission, let’s read.

In Pay Commission III, the base year was used as (1960 =100).

In 4th Pay Commission, the DA was decided to pay twice a year and also for calculating the DA value the percentage increase in the 12 monthly average of All India Consumer Price Index (base 1960). Also the base year was (1982=100) as the base year.

In 5th Pay Commission, the DA was decided based on (1982=100) as the base year.

In 6th Pay Commission, the DA was decided based on (2001=100) as the base year.

In 7th Pay Commission, should we expect to have the base year as (2011=100)?

When the DA calculation change happened from base year 1982 to base year as 2001, there were a steep increase in the DA percentage, this is because the cost of living has increased multifold and also various cities and items was also included while calculating the real DA.

So, what’s been recommend in the 7th CPC Report

Keeping in mind that the present formulation of DA has worked well over the years, and there are no demands for its alteration, the Commission recommends continuance of the existing formula and methodology for calculating the Dearness Allowance.

and also check out the gazette notification changes where the linking factor has been included as on AICPIN value as 2016.

IV. Dearness Allowance

Sl.No. Recommendation of the Seventh Central Pay Commission Decision of the Chief Justice of India
1. Existing formula and methodology for calculating Dearness Allowance to continue (Para 8.17.37 of the Report) Accepted. The reference base for calculation of Dearness Allowance after coming into force of the revised Pay Structure shall undergo change accordingly and will be linked to the average index as on 01.01.2016

Though in (2001=100) the linking factor was 4.63, this lead to the calculation of DA with the average index as 115.76 as per 2005. For example, (2005 , 12 Month Average Index  536, so the linking factor as per record was 4.63).

All India and Centre-wise Linking factors between New Series of Consumer Price Index Numbers for Industrial Workers on base 2001 = 100 and the previous series on base 1982=100 (General Index).

Table No. 9.01

GROUP WISE LINKING FACTORS BETWEEN CURRENT SERIES OF ALL INDIA CONSUMER PRICE INDEX NUMBERS
FOR INDUSTRIAL WORKERS ON BASE: 2001 = 100 AND THE PREVIOUS SERIES ON BASE: 1982 = 100

Group Linking Factor
I-A Food Group 4.58
I-B Pan. Supari, Tobacco & Intoxicants 6.16
II Fuel & Light 4.77
III Housing 6.18
IV Clothing. Bedding & Footwear 3.22
V Miscellaneous 4.55
GENERAL INDEX 4.63

Note: Figures on previous base 1982 = 100 can be obtained by multiplying the Index Number on current base 2001 = 100 by the linking factor and rounding off the result to the nearest whole number.

As you all now understand that the linking factor play a major role in getting the DA value, but the linking factor for year 2016 .

I was not able to find this data in Labour Bureau . We assume that if the linking factor of 2016 used, then we expect to get a higher DA percentage (assumption). This means it would be a real DA value as it would include various cities and the current inflation and CPI.

We hope that when the results are out they would be using the linking factor of 2016 as the gazette notification has this mentioned. Normally the DA announcement is release in September 1st week or 2nd week and hope this is announced shortly.

Source :  7thpaycommissionnews.com

Be the first to comment - What do you think?  Posted by admin - September 27, 2016 at 10:34 am

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Calculation starts for expected DA from January 2017

Expected DA Calculation starts from January 2017

People started to calculate expected DA from January 2017 as 7 Months AICPIN Points are released so far. The Labor Bureau has released Consumer Price Index Numbers for Industrial Workers for the Month of July 2016 today. Already It is confirmed that Dearness Allowance from July 2016 might be 2% as per the revised DA calculation.

Expected-DA-from-January-2017

Now, see the 7th CPC DA calculation Formula.

DA calculation Expected DA from July 2016 in Sixth and 7th Pay Commission

There are three main factors which determine the increase in percentage of DA in every pay Commission

1.DA calculation Formula
2.AICPIN for Industrial Workers
3. Base Average Index

1. Formula for DA calculation

Expected-DA-from-July-2016

2. AICPIN for Industrial Workers

The Consumer Price Index for Industrial Workers (CPI-IW) is an important statistical/economic indicator. It was first introduced on scientific lines with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres. The series was then, updated on base 1982=100 and a revision in 1999-2000 has further updated the base on 2001=100. The current series of CPI-IW with base year 2001=100 covers 78 industrially important centers spread across the country

3. Base Average Index

After neutralization of DA to revise the Pay and Allowance in Every Pay Commission, the Base Average Index will be modified taking into the account of 12 Months AICPIN points of previous year to neutralization of DA

1. From 1996 onwards, the average base Index was 306.33 (with base 1982=100)
How 306.33 was arrived?

To calculate the DA in Fifth pay commission, the 12 Month Average of AICPIN for the year 1995 was taken. The 12 months AICPIN Average of 1995 was 306.33

2. From 2006 onwards, the Avarage Base Index is 115.76 (with Base 2001 = 100)
How 115.76 was arrived…?

The Government has developed a new series with base 2001, with effect from January 2006. Back data series with base 2001 can be generated using linking factor 4.63

So the AICPIN Average of 2005 (with base 1982=100) i.e 536 had to be modified using linking factor 4.63 to adopt the new series in DA calculation. Thus the Base Index Number 115.76 was arrived

3. For 7th Pay Commission what will be the Base Index…?

As the 7th Pay commission recommendations will be implemented with effect from 1.1.2016, the AICPIN average of 2005 will be the Base Index for calculation of DA for 7th Pay Commission

So formula for Calculation of DA in 7th Pay Commission is

Expected-DA

Now expectation turned towards January 2017 DA. We need 12 Months AICPIN from January 2016 to December 2016 to calculate the expected DA from January 2017. The 7 month AICPIN Points released so far is given below.

January :269
February :267
March :268
April :271
May :275
June :277
July :280

Remaining Five months AICPIN Points from August to December are Required to calculate the rate of DA from January 2017. But assuming the trend of AICPIN Index by following three possibilities we can arrive the percentage of increase in Dearness Allowance approximately.

Assumption 1

If the AICPIN for Industrial workers remain stationary at 280 for next five months

The increase in DA from January 2017 will be 5 %

So the Total DA to be paid to CG staff from January 2017 will be 7%

Assumption II

If the CPI Index fluctuates between 282 to 278 points, even then there will be an increase of 5% DA from Jan 2017

Assumption III

If the AICPIN increases steadily by 2 points for successive months from August 2016 to December 2016

Then the DA to be paid from January will be enhanced by 6 %

So the trend of AICPIN Index if goes with above expectation, 5% to 6% increase can be expected in DA from January 2017.

Via : gservants.com

Be the first to comment - What do you think?  Posted by admin - September 21, 2016 at 4:35 pm

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Expected DA From July, 2016: AICPIN for the Month of May, 2016

Expected DA from July, 2016: AICPIN for the Month of May, 2016 released

No. 5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

 

`CLEREMONT’, SHIMLA-171004

DATED: 30th June, 2016
 
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — May, 2016

The All-India CPI-IW for May, 2016 increased by 4 points and pegged at 275 (two hundred and seventy five). On 1-month percentage change, it increased by (+) 1.48 per cent between April, 2016 and May, 2016 when compared with the increase of (+) 0.78 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 3.69 percentage points to the total change. At item level, Rice, Wheat, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Eggs (I len), Fish Fresh, Milk, Chillies Green, Brinjal, Cabbage, French Bean, Potato, Tomato, Sugar, Petrol, etc. are responsible for the increase in index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.59 per cent for May, 2016 as compared to 5.86 per cent for the previous month and 5.74 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.48 per cent against 7.55 per cent of the previous month and 5.99 per cent during the corresponding month of the previous year.

At centre level, Salem reported the maximum increase of 12 points followed by Puducherry and Mysore (11 points each), Bengluru (10 points), Quilon, Warrangal and Coonoor (9 points each). Among others, 8 points increase was observed in 3 centres, 7 points in 5 centres, 6 points in 5 centres, 5 points in 9 centres, 4 points in 6 centres, 3 points in 9 centres, 2 points in 6 centres and I point in 17 centres. On the contrary, Amritsar recorded a decrease of 1 point. Rest of the 10 centres’ indices remained stationary.

The indices of 31 centres are above All-India Index and other 42 centres’ indices are below national average. The indices of Pune, Salem, Vishakhapatnam, Bokaro and Varanasi centres remained at par with All-India Index.

The next issue of CPI-IW for the month of June, 2016 will be released on Friday, 29th July, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.

Sd/-
(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

Source:- AICPIN May, 2016

Be the first to comment - What do you think?  Posted by admin - June 30, 2016 at 10:30 pm

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AICPIN March 2016 – Expected DA July 2016 – 3rd Stage Completed

AICPIN March 2016 – Expected DA July 2016 – 3rd Stage Completed

AICPIN March 2016 expected DA

Press Release of AICPIN for the month of march 2016

No. 5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: 29th April, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – March, 2016

The All-India CPI-IW for March, 2016 increased by 1 point and pegged at 268 (two hundred and sixty eight). On 1-month percentage change, it increased by (+) 0.37 per cent between February, 2016 and March, 2016 when compared with the increase of (+) 0.40 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came From Food group contributing, (+) 0.37 percentage points to the total change. At item level. Wheat and Wheat Atta, Fish Fresh, Goat Meat, Poultry (Chicken), Milk, Chillies Dry. Chillies Green, Potato, Seasonal Green Vegetables and Fruit items, Tea (Readymade). Sugar, Private Tuition Fee, etc. are responsible for the increase in index. However, this increase was checked by Rice, Arhar Dal. Mustard Oil, Eggs (Hen), Garlic. Onion. Tomato, Supari. Petrol, Flower/Flower Garlands, etc.. putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.51 per cent for March, 2016 as compared to 5.53 per cent for the previous month and 6.28 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.16 per cent against 6.18 per cent of the previous month and 6.98 per cent during the corresponding month of the previous year.

At centre level, Munger-Jamalpur reported the maximum increase of 10 points followed by Raniganj (9 points) and Ludhiana (7 points). Among others, 5 points increase was observed in 4 centres, 3 points in another 9 centres, 2 points in 9 centres and I point in 14 centres. On the contrary, Mundakkayam recorded a maximum decrease of 6 points followed by Ernakulam and Puducherry (5 points each). Tiruchirapally and Warrangal (4 points each). Among others, 3 points decrease was observed in 2 centres, 2 points in 9 centres and 1 point in another 9 centres. Rest of the 14 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and other 43 centres indices are below national average. The indices of Bokaro and Varanasi centres remained at par with All-India Index.

The next issue of CPI-IW for the month of April, 2016 will be released on Tuesday, 31st May, 2016. The same will also be available on the office website www.labourbureaunew.gov. in.

Authority: www.labourbureaunew.gov. in

Be the first to comment - What do you think?  Posted by admin - April 30, 2016 at 9:47 am

Categories: AICPIN, Dearness Allowance, Expected DA   Tags: , , , ,

AICPIN for the month of March 2016

AICPIN for the month of March 2016

Consumer Price Index for Industrial Workers (CPI-IW) – March, 2016

The All-India CPI-IW for March, 2016 increased by 1 point and pegged at 268 (two hundred and sixty eight). On 1-month percentage change, it increased by (+) 0.37 per cent between February, 2016 and March, 2016 when compared with the decrease of (+) 0.40 per cent between the same two months a year ago.

More details awaited…

Be the first to comment - What do you think?  Posted by admin - April 29, 2016 at 9:43 pm

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AICPIN FOR JANUARY 2016 – EXPECTED DA FROM JULY 2016 BEGINS..!

AICPIN FOR JANUARY 2016 – EXPECTED DA FROM JULY 2016 BEGINS..!

All India Consumer Price Index for Industrial Workers on Base 2001=100

The Labour Bureau, under the Ministry of Labour and Employment has now released the AICPIN points for the month of January 2016, the index stands at 269.

The first index point for the year 2016 has been released by the Central Government and the 7th Pay Commission DA Calculation also starts with this first index.

The next issue of CPI-IW for the month of February, 2016 will be released on Thursday, 31st March, 2016

aicpin for jan 2016

No.5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 29th February, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – January, 2016

The All-India CPI-IW for January, 2016 remained stationary at 269 (two hundred and sixty nine). On 1-month percentage change, it remained static between December, 2015 and January, 2016 when compared with the rise of 0.40 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Housing group contributing (+) 1.11 percentage points to the total change. At item level, Wheat, Wheat Atta, Groundnut Oil, Fish Fresh, Eggs (Hen), Goat Meat, Poultry (Chicken), Milk (Buffalo & Cow), Garlic, Sugar, Bidi, Firewood, Medicine (Allopathic), Barber Charges, Flower/Flower Garlands, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Rice, Arhar Dal, Gram Dal, Masur Dal, Moong Dal, Urd Dal, Mustard Oil, Coconut Oil, Onion, Vegetable and Fruit items, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.91 per cent for January, 2016 as compared to 6.32 per cent for the previous month and 7.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.61 per cent against 7.94 per cent of the previous month and 7.81 per cent during the corresponding month of the previous year.

At centre level, Haldia reported the maximum increase of 8 points followed by Jamshedpur (7 points) and Labac-Silchar (5 points). Among others, 4 points increase was observed in 6 centres, 3 points in another 6 centres, 2 points in 9 centres and 1 point in 14 centres. On the contrary, Bhilai recorded a maximum decrease of 9 points followed by Bokaro (6 points) and Ranchi-Hatia and Varanasi (4 points each). Among others, 3 points decrease was observed in 2 centres, 2 points in 11 centres and 1 point in 10 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and other 40 centres’ indices are below national average. The indices of Salem, Varanasi, Jabalpur and Vishakhapathnam centres remained at par with All-India Index.

The next issue of CPI-IW for the month of February, 2016 will be released on Thursday, 31st March, 2016. The same will also be available on the office website WWW. labourbureaunew.gov.in.

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

Source: www.labourbureau.nic.in

Be the first to comment - What do you think?  Posted by admin - February 29, 2016 at 6:49 pm

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7th Pay Commission DA Calculation – Jan 2016 AICPIN starts with new episode of ‘Expected DA July 2016

7th Pay Commission DA Calculation – Jan 2016 AICPIN starts with new episode of ‘Expected DA July 2016’

“The first AICPIN points of 2016 will be released tomorrow”

The Dearness Allowance given to Central Government employees and Pensioners will henceforth be calculated on the basis of the 7th Pay Commission recommendations
from 1.1.2016.(Expects its recommendations to be implemented by the Government)

The first All India Consumer Price Index – CPI (IW) Base Year 2001=100, used for calculating the Dearness Allowance will be announced tomorrow by the Central Government.

The current DA, according to the 6th Pay Commission, began at zero on 01.01.2006, and ended at 125%. It will restart again at zero from 01.01.2016 onwards.
There is no Dearness Allowance for the six months from January to June 2016. 
From July 2016 onwards, the new and first Dearness Allowance will be announced based on the recommendations of the 7th Pay Commission. In other words, the Dearness Allowance for the six months between July and December 2016 will be based on the fluctuations in the prices of essential commodities, called the AICPIN points, between January and June 2016.
The 7th Pay Commission has not prescribed any dramatic changes in the method of calculation of the Dearness Allowance. Instead, the previous method is all set to continue.
But, final announcements will be made in this regard only after the Central Government makes its decisions clear.

6TH CPC DA TABLE

7CPC-EXPECTED-DA-FROM-JULY-2016-AS-PER-7TH-PAY-COMMISSION
 

Be the first to comment - What do you think?  Posted by admin - February 28, 2016 at 9:00 pm

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Expected DA on Jan 2016 – AICPIN for December 2015

Expected DA on Jan 2016 – AICPIN for December 2015

No.5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: 29th January, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – December, 2015

The All-India CPI-IW for December, 2015 decreased by I point and pegged at 269 (two hundred and sixty nine). On 1-month percentage change, it decreased by (-) 0.37 per cent between November and December, 2015 which was static between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.36 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Onion, Potato, Tomato, Peas and other Green Vegetables & Fruit items, Petrol, etc. are responsible for the fall in index. However, this decrease was checked by Rice, Wheat, Wheat Atta, Fish Fresh, Eggs (Hen), Poultry (Chicken), Goat Meat, Milk (Buffalo), ESI Contribution, Rail Fare, Barber Charges, Flower/Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.32 per cent for December, 2015 as compared to 6.72 per cent for the previous month and 5.86 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.94 per cent against 7.86 per cent of the previous month and 5.73 per cent during the corresponding month of the previous year.

At centre level, Ludhiana reported the maximum decrease of 7 points followed by Ahmedabad and Rourkela (6 points each), Tripura, Varanasi, Lucknow and Kodarma (5points each). Among others, 4 points decrease was observed in 9 centres, 3 points in 4 centres, 2 points in 11 centres and 1 point in 12 centres. On the contrary, Quilon recorded a highest increase of 7 points followed by Warangal (4 points), and Rangapara-Tezpur, Chhindwara and Mundakkayam (3 points each). Among others, 2 points increase was observed in 5 centres and 1 point in 9 centres. Rest of the 16 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and other 40 centres’ indices are below national average. The index of Jabalpur centre remained at par with All-India Index.

The next issue of CPI-IW for the month of January, 2016 will be released on Monday, 29th February, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.

 

sd/-

(SHYAM SINGH NEGI)

DEPUTY DIRECTOR GENERAL

Click to view the order in Hindi

Click to view the order in English

 

Authority: www.labourbureau.nic.in

Be the first to comment - What do you think?  Posted by admin - January 30, 2016 at 8:39 am

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AICPIN for November 2015 – Expected DA from Jan 2016

AICPIN for November 2015 – Expected DA from Jan 2016

 No. 5/1/2015-CPI

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: 31st December, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2015

The All-India CPI-IW for November, 2015 increased by 1 point and pegged at 270 (two hundred and seventy). On 1-month percentage change, it increased by (+) 0.37 per cent between October and November, 2015 which was static between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 0.64 percentage points to the total change. At item level, Wheat, Urd Dal, Mustard Oil, Eggs (Hen), Milk, Chillies-Dry, Garlic, Carrot, Lady’s Finger, Peas, Potato, Tomato, Tea (Readymade), Sugar, Flower/Flower Garlands, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted by Chillies Green, Onion, Brinjal, Cauliflower, Green Coriander Leaves, Methi, Radish, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.72 per cent for November, 2015 as compared to 6.32 per cent for the previous month and 4.12 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.86 per cent against 7.50 per cent of the previous month and 2.56 per cent during the corresponding month of the previous year.

At centre level, Madurai reported the highest increase of 11 points followed by Tiruchirapally (9 points), Jalandhar, Puducherry and Salem (7points each) and Mundakkayam (6 points). Among others, 4 points rise was observed in 5 centres, 3 points in 7 centres, 2 points in 12 centres and 1 point in 10 centres. On the contrary, Jamshedpur, Tripura and Rangapara-Tezpur recorded a maximum decrease of 4 points each followed by Kolkata, Amritsar and Kodarma (3 points each). Among others, 2 points decrease was observed in 13 centres and 1 point in 8 centres. Rest of the 11 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 41 centres’ indices are below national average. The index of Salem centre remained at par with all-India index.

The next issue of CPI-IW for the month of December, 2015 will be released on Friday, 29th January, 2016. The same will also be available on the office website www.labourbureaunew.gov.in.

sd/-
(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

Authority: http://labourbureau.nic.in/

Be the first to comment - What do you think?  Posted by admin - January 1, 2016 at 9:21 am

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Expected DA Jan 2016 : AICPIN for the month of October 2015

Expected DA Jan 2016 : AICPIN for the month of October 2015

No. 5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONV, SHIMLA-171004
DATED : 30th October, 2015

Press Release

 

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2015

 

The All-India CPI-IW for September, 2015 increased by 2 points and pegged at 266 (two hundred and sixty six). On 1-month percentage change, it increased by (+) 0.76 per cent between August and September, 2015 which was static between the same two months a year ago.

 

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.78 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Urd Dal, Mustard Oil, Onion, Cauliflower, Green Coriander Leaves, Potato, Tea (Readymade), Sugar, Electricity Charges, Private Tuition Fee, Flower/Flower Garlands, etc. are responsible for the increase in index. However, this increase was restricted by Wheat, Fish Fresh, Poultry (Chicken), Eggs (Hen), Apple, Coconut, Tomato, Petrol, Washing Soap, etc., putting downward pressure on the index.

 

The year-on-year inflation measured by monthly CPI-IW stood at 5.14 per cent for September, 2015 as compared to 4.35 per cent for the previous month and 6.30 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.71 per cent against 3.55 per cent of the previous month and 6.46 per cent during the corresponding month of the previous year.

 

At centre level, Chhindwara reported the highest increase of 10 points followed by Varanasi (9 points), Pune, Tripura, Jalpaiguri and Bhilwara (6 points each). Among others, 5 points rise was observed in 5 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 16 centres and 1.point in 19 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Ernakulam 3 points. Among others, 2 points decrease was observed in 4 centres and 1 point in 2 centres. Rest of the 9 centres’ indices remained stationary.

 

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

 

The next issue of CPI-IW for the month of October, 2015 will be released on Monday, 30th November, 2015. The same will also be available on the office website www. labourbureau.gov. in.

 

(S. S. NEGI)
DEPUTY DIRECTOR GENERAL

 

Source : labour Bureau

Be the first to comment - What do you think?  Posted by admin - December 1, 2015 at 10:41 pm

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Bank Employees to Get 34 Slabs Increase in DA for the Next Quarter

Bank Employees to Get 34 Slabs Increase in DA for the Next Quarter
Bank Employees to Get 34 Slabs Increase in DA for the Next Quarter – Accordingly Bank workmen/Officers will have 34 slabs increase in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40% increase from Existing 36.40%)

With the two point increase of All India Consumer Price Index Numbers (AICPIN) for the month of SEPTEMBER ’15, which stood at 266 points , Bank employees will get hefty increase of 34 slabs of D.A. for Nov’15 to Jan’16 quarter.

Accordingly Bank workmen/Officers will have 34 slabs increase in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40% increase from Existing 36.40%)

“DA for Nov 2015 increase of 3.4% means increase of 34 Slabs. Now Total DA will be 39.80 %” the Vice President of NOBW Mr.Ashwani Rana said.

Index numbers are yet to be updated in official website of labour ministry.

we have three months data

  • July 2015 263 (6003.21)
  • August 2015 264 (6026.04)
  • September 266 (6071.69)

As of now based on the above data 30 slabs or 3.00% is sure.

Source: NOBW

Be the first to comment - What do you think?  Posted by admin - November 2, 2015 at 4:52 pm

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Expected DA January 2016 – AICPIN for September 2015

Expected DA January 2016 – AICPIN for September 2015

Expected DA January 2016 – AICPIN for September 2015

No.5/1/2015-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED : 30th October, 2015

Press Release

 

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2015

 

The All-India CPI-IW for September, 2015 increased by 2 points and pegged at 266 (two hundred and sixty six). On 1-month percentage change, it increased by (+) 0.76 per cent between August and September, 2015 which was static between the same two months a year ago.

 

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.78 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Urd Dal, Mustard Oil, Onion, Cauliflower, Green Coriander Leaves, Potato, Tea (Readymade), Sugar, Electricity Charges, Private Tuition Fee, Flower/Flower Garlands, etc. are responsible for the increase in index. However, this increase was restricted by Wheat, Fish Fresh, Poultry (Chicken), Eggs (Hen), Apple, Coconut, Tomato, Petrol, Washing Soap, etc., putting downward pressure on the index.

 

The year-on-year inflation measured by monthly CPI-IW stood at 5.14 per cent for September, 2015 as compared to 4.35 per cent for the previous month and 6.30 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.71 per cent against 3.55 per cent of the previous month and 6.46 per cent during the corresponding month of the previous year.

 

At centre level, Chhindwara reported the highest increase of 10 points followed by Varanasi (9 points), Pune, Tripura, Jalpaiguri and Bhilwara (6 points each). Among others, 5 points rise was observed in 5 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 16 centres and 1.point in 19 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Ernakulam 3 points. Among others, 2 points decrease was observed in 4 centres and 1 point in 2 centres. Rest of the 9 centres’ indices remained stationary.

 

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

 

The next issue of CPI-IW for the month of October, 2015 will be released on Monday, 30th November, 2015. The same will also be available on the office website www. labourbureau.gov. in.

(S.S.NEGI)
DEPUTY DIRECTOR GENERAL

Authority: http://labourbureau.nic.in/

Click to view the Press Release in Hindi & English

Be the first to comment - What do you think?  Posted by admin - October 30, 2015 at 6:00 pm

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AICPIN Points for the month of September to be released today

AICPIN Points for the month of September to be released today

“2015 September’s All India Consumer Price Index Points for the purpose of Dearness Allowance calculation to be released today”

The last ‘Expected DA from Jan 2016’ calculations based on the 6th Pay Commission recommendations for Central Government employees and pensioners are already started. The fluctuation in the prices of essential commodities will be taken into account for this calculations. The September’s points of CPI for Industrial Workers base year 2001=100 for the calculation of additional DA and DR is expected to be released today. Already Labour Bureau released the statistics points of AIPCIN for the months of July and August and today the third step is going to be completed.

The additional dearness allowance percentage from January 2016 will be calculated based on the AICPIN points for the six months starting from July 2015 upto December 2015. The dearness allowance to be issued in the month of January 2016 will be added to the salary drawn by the employee based on the recommendations of the 6th Pay Commission. Only after this will the recommendations of the 7th Pay Commission take effect.

Source: 90paisa.org

Be the first to comment - What do you think?  Posted by admin - at 11:41 am

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