Posts Tagged ‘Dearness Allowance Formula’

NFIR assumption on DA from Jan 2017

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NFIR assumption on DA from Jan 2017

 Probable DA rise w.e.f. 01-01-2017 if 277 continues 4.24% (round off to 4%)

 NFIR General Secreatry Shri M.Raghavaiah writes to its affiliates regarding the Dearness Allowance formula after 7th CPC and the expectation on next additional dearness allowance from Jan 2017.

NFIR
National Federation of Indian Railwaymen

3, Chelmsford Road, New Dlehi – 110055
No.I/5(A)/Part I

Dated: 01.11.2016

The General Secretaries of
Affiliated Unions of NFIR
Brother,

Sub: All India Consumer Price Index (IW) for the purpose of calculation of Dearness Allowance entitlement – reg.

 

The table placed below shows the year/month wise Consumer Price Index (CPI) :

DEARNESS ALLOWANCE

Dearness Allowance Formula = (Average of AICPIW for last 12 months) – 261.42 x 100 / 261.42

Year/Month wise CPI Jan Feb March April May June Average
2006 119 119 119 120 121 123
2007 127 128 127 128 129 130 126.92
2008 134 135 137 138 139 140 135.25
2009 148 148 148 150 151 153 147.92
2010 172  170  170  170 172 174 167.92
2011 188 185 185 186 187 189 183.33
2012 198 199 201 205 206 208 199.58
2013 221 223 224 226 228 231 220.67
2014 237 238 239 242 244 246 239.92
2015 254 253 254 256 258 261 254.42
2016 269 267 268 271 275 277 269.00
July August Sept Oct Nov Dec Average
124 124 125 127 127 127 122.92
132 133 133 134 134 134 130.75
143 145 146 148 148 147 141.67
160 162 163 165 168 169 157.08
178 178 179 181 182 185 175.92
193 194 197 198 199 197 191.25
212 214 215 217 218 219 209.33
235 237 238 241 243 239 232.17
252 253 253 253 253 253 246.92
263 264 266 269 270 269 261.42
280 278 277

Average for last 12 months = 272.50

Probable DA rise w.e.f. 01-01-2017 if 277 continues 4.24% (round off to 4%)

However the figures upto and inclusive December 2016 will be known during January 2017.

Yours fraternally,

sd/-

(Dr. M.Raghavaiah)

General Secretary

Source: NFIR

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