Posts Tagged ‘Expected DA’

AICPIN for the month of June 2018

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AICPIN for the month of June 2018

No. 5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 31st July, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-1W) – June, 2018

The All-India CPI-1W for June, 2018 increased by 2 points and pegged at 291 (two hundred and ninety one). On 1-month percentage change, it increased by (+) 0.69 per cent between May, 2018 and June, 2018 when compared with the increase of (+) 0.72 per cent between the corresponding months of previous year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.86 percentage points to the total change. At item level, Rice, Fish Fresh, Eggs (Hen), Onion, Brinjal, Cabbage, Cauliflower, French Bean, Gourd, Potato, Tomato, Sugar, Electricity Charges, Doctor’s Fee. Medicine (Allopathic), Sercondary School Fee, Petrol, etc. are responsible for the increase in index. However, this increase was checked by Groundnut Oil, Banana, Coconut, Lemon, Mango (Ripe), Parval, Primary School Fee, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 3.93 per cent for June, 2018 as compared to 3.96 per cent for the previous month and 1.08 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 0.97 per cent against 1.66 per cent of the previous month and (-) 1.28 per cent during the corresponding month of the previous year.

At centre level Quilon reported the maximum increase of 10 points followed by Jharia (7 points) and Rourkela (6 points). Among others, 5 points increase was observed in 4 centres, 4 points in 10 centres, 3 points in 12 centres, 2 points in 16 centres and 1 point in 18 centres. On the contrary, Darjeeling recorded a maximum decrease of 2 points followed by Hyderabad with 1 point. Rest of the 13 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and 39 centres’ indices are below national average. The indices of Jalandhar and Jabalpur centres remained at par with All-India Index.

The next issue of CPI-1W for the month of July, 2018 will be released on Friday, 31st August, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRIFLAL JANGID)
DEPUTY DIRECTOR

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Be the first to comment - What do you think?  Posted by admin - July 31, 2018 at 10:33 pm

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Expected DA From July 2018 : AICPIN : Expected DA would be only 2 % ?

Expected DA From July 2018 : AICPIN : Expected DA would be only 2 % ?

AICPIN for June 2018 is expected today, there won’t be any major changes in the AICPIN (One Or Two Points) Value, so the expected DA would be only 2 %

Month AICPIN DA%
Jun-17 280 5.94
Jul-17 285 6.1
Aug-17 285 6.32
Sep-17 285 6.57
Oct-17 287 6.86
Nov-17 288 7.21
Dec-17 286 7.56
Jan-18 288 8.01
Feb-18 287 8.42
Mar-18 287 8.81
Apr-18 288 9.16
May-18 289 9.51
Jun-18 291  9.86

Be the first to comment - What do you think?  Posted by admin - at 10:19 pm

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Expected DA July 2018 – AICPIN for March 2018 Stands at 287

Expected DA July 2018 – AICPIN for March 2018 Stands at 287

 Consumer Price Index for Industrial Workers (CPI-IW) – March, 2018

 The All-India CPI-IW for March, 2018 remained stationery at 287 (two hundred and eighty seven). On 1-month percentage change, it remained static between February and March, 2018 when compared with the increase of (+) 0.36 per cent between the corresponding months of previous year.

The maximum pressure to the change in current index came from Food group contributing (-) 0.25 percentage points to the total change. At item level, Wheat, Arhar Dal, Eggs (Hen), Poultry (Chicken), Onion, Tamarind, Coconut, Tomato, Sugar, Cooking Gas, Fire Wood, Flowers/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Fish Fresh, Apple, Bitter Gourd, Brinjal, French Bean, Lady Finger, Lemon, Parval, Peas, Potato, Radish, Doctor’s Fee, Bus Fare, etc., putting upward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 4.36 per cent for March, 2018 as compared to 4.74 per cent for the previous month and 2.61 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 1.68 per cent against 2.36 per cent of the previous month and 1.71 per cent during the corresponding month of the previous year.

 At centre level, Goa reported the maximum increase of 5 points followed by Jalpaiguri and Howrah (4 points each). Among others, 3 points increase was observed in 4 centres, 2 points in 7 centres and 1 point in 14 centres. On the contrary, Kodarma recorded a maximum decrease of 8 points followed by Nasik (5 points) and Tiruchirapally and Chennai (4 points each). Among others, 3 points decrease was observed in 4 centres, 2 points in another 4 centres and 1 point in 17 centres. Rest of the 21 centres indices remained stationary.

The indices of 37 centres are above All-India Index and 38 centres indices are below national average. The index of Mumbai, Chandigarh and Jabalpur centres remained at par with All-India Index.

The next issue of CPI-IW for the month of April, 2018 will be released on Thursday, 31st May, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

Source: PIB

Be the first to comment - What do you think?  Posted by admin - April 28, 2018 at 10:29 pm

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AICPIN March 2018 – Press Release in Hindi and English

AICPIN March 2018 – Press Release in Hindi and English

Labour Bureau released today the press release of All India Consumer Price Index for Industrial Workers) for the month of March, 2018. The index remain stands at 287 and when compare to the last month statistics, there is no change.

Dearness Allowance and Dearness Relief for Central Government Employees and Pensioners is calculated based on the CPI(IW) Base Year 2001=100.

AICPIN March 2018

aicpin-hindi

aicpin-english

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Central Government employees losing interest in Dearness Allowance?

Central Government employees losing interest in Dearness Allowance?

It is becoming very obvious these days that the Central Government employees and pensioners are fast losing interest in Dearness Allowance.

Dearness Allowance is given to the Central Government employees once every six months, in order to help them maintain their lifestyle against the rising prices. Fluctuations in the prices of 392 essential items are recorded regularly at 78 various locations and their data is tabulated once every month to calculate the All India Consumer Price Index Number (AICPIN), which is then released by the Centre. Dearness Allowance is thus calculated.

For ten years now, we have been calculating the Dearness Allowance in advance and releasing the numbers. This is why we are able to sense an acute loss of interest among the Central Government employees in recent times to know their next and expected Dearness Allowance.

Dearness Allowance is calculated with the employee’s basic salary. For example, a 7 percent Dearness Allowance for an employee who draws a basic salary of Rs.18000 per month, will translate into Rs. 1260.

All the Central Government employees, defence personnel and pensioners are now being paid as per the recommendations of the Seventh Pay Commission, from January 2016 onwards. The Seventh Pay Commission had recommended that no changes shall be made in the Dearness Allowance calculations and the method adopted by the Sixth Pay Commission continues to be followed. The centre too had accepted the recommendations.

Under the Sixth Pay Commission method, the Dearness Allowance had increased by 125 percent in the past ten years, from January 2006 to December 2015. It is worth mentioning that at least thrice, a Dearness Allowance of 10 percent was paid to the employees. The table below shows the Dearness Allowance that was paid once every six months.

Month/Year Dearness Allowance
January 2016 0
July 2016 2%
January 2017 4%
July 2017 5%
January 2018 7%
July 2018 ?

The loss of interest among the employees probably has something to do with the fact that the increase in Dearness Allowance has only been marginal ever since the Seventh Pay Commission was implemented.

There was no Dearness Allowance for the first six months, January to June 2016. Dearness Allowance of only 2 percent was given for July to December 2016. It looked as if something was wrong with the calculations, right from the start, but the employees thought that things will improve with time. The Dearness Allowance for January to June 2017 was a mere one percent, which came as a rude shock to all. And then, Jul to Dec 2017 is 5% and Jan to Jun 2018 is being fixed as 7% as per the calculations.

The centre claimed that it was because they have the prices under control.

So, what is the Dearness Allowance for the second term of 2018, July to December 2018, likely to be?

This time too, it is not expected to exceed 3 percent.

We expect the Dearness Allowance to be 9% or 10% with effect from July 2018.

Be the first to comment - What do you think?  Posted by admin - April 21, 2018 at 3:02 pm

Categories: Dearness Allowance   Tags: , , , , , ,

Expected DA Bank Employees From May to July 2018

Expected DA Bank Employees From May to July 2018

Payable for the Year Payable for the months Average CPI No. of slabs % of pay
2018  Feb March April 6551 527 52.7 
2017  November, December 2017 & January 2018 6505 516 51.6 
2017  August September October 6353.21 478 47.8 
2017  May June July 6261.91 456 45.6 
2017  February March April 6315 469 46.9 
2016-17  Nov Dec Jan 6353 478 47.8 
2016  Aug Sep Oct 6261.9 455 45.5 
2016  May June July 6117 420 42 
2016  Feb Mar Apr 6147 426 42.6 
2015-16  Nov Dec Jan 6033 398 39.8 
2015  Aug Sep Oct 5896 364 36.4 
2015  May Jun Jul 5790.17 738 110.7 
2015  Feb Mar Apr 5774.95 734 110.1 
2014-15  Nov Dec Jan 5767 732 109.8 
2014  Aug Sept Oct 5569.52 683 102.45 
2014  May Jun Jul 5432.56 650 97.5 
2014  Feb Mar Apr 5501.04 666 99.9 
2013-14  Nov Dec Jan 5402.13 641 96.15 
2013  Aug Sept Oct 5211.91 593 88.95 
2013  May Jun Jul 5082.57 561 84.15 
2013  Feb Mar Apr 4976.05 535 80.25 
2012-13  Nov Dec Jan 4877 510 76.5 
2012  Aug Sept Oct 4709 468 70.2 
2012  May June Jul 4549 428 64.2 
2012  Feb Mar Apr 4519 420 63 

Be the first to comment - What do you think?  Posted by admin - April 2, 2018 at 9:51 pm

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Expected DA July 2018: AICPIN for Feb 2018

Expected DA July 2018: AICPIN for Feb 2018

Press Release of All India Consumer Price Index for the month of February 2018 has been released by Labour Bureau on 28.3.2018. The index decreased by one point and stands at 287.

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 28th March, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – February, 2018

The All-India CPI-IW for February, 2018 decreased by 1 point and pegged at 287 (two hundred and eighty seven). On 1-month percentage change, it decreased by (-) 0.35 per cent between January and February, 2018 which was static between the two months a year back.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.87 points to the total change. At item level, Wheat & Wheat Atta, Gram Dal, Groundnut Oil, Egg (hen), Poultry (Chicken), Pure Ghee, Garlic, Onion, Brinjal, Cabbage Carrot, Cauliflower, Palak, Peas, Tomato, Sugar, Flowers/Flower Garlands. etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Goat Meat, Apple, Banana, Coconut, Tea Leaf, Bidi, Cigraette, Electricity Charges, Kerosene Oil, Medicine (Allopathic), Cinema Charges, Bus Fare, Petrol, Repair Charges, Hair Oil, Hand Bag/Brief Case, Tailoring Charges, etc., putting upward pressure on the index.

The year-on-year inflation uneasured by monthly CPI-IW stood at 4.74 per cent for February, 2018 as compared to 5.11 per cent for the previous month and 2.62 per cent during the corresponding month of the previous year. Similarly, the food inflation stood at 2.36 per cent against 3.36 per of the previous month and 1.71 per cent during the corresponding month of the previous year.

At centre level, Bokaro reported the maximum decrease of 5 points followed by Mumbai (4 points). Among others, 3 points decrease was observed in 16 centers, 2 points in 14 centres and 1 point in 16 centres. On the contrary, Coimbatore and Jamshedpur recorded a maximum increase of 4 points each followed by Lucknow, Goa and Chennai (3 points each). Among others, 2 points increase was observed in 3 centres and 1 point in 4 centres. Rest or the 18 centres indices remained stationary.

The indices of 38 centres are above All-India Index and 37 centers’ indices are below national average. The index of Varanasi, Bengaluru and Chandigarh centres remained at par with All-India Index.

The next issue of CPI-IW for the month of March, 2018 will released on Friday 27th April, 2018. The same will also be available the on the office website www.labourbureaunew.gov.in.

sd/-
(AMRIT LAL JANGID)
DEPUTY DIRECTOR

Source: http://labourbureaunew.gov.in/

Be the first to comment - What do you think?  Posted by admin - March 29, 2018 at 2:02 pm

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Now Trending: 2% Dearness Allowance to Central Government employees & Pensioners

2% Dearness Allowance

Now Trending: 2% Dearness Allowance to Central Government employees & Pensioners

Cabinet approves two percent Dearness Allowance to Central Government employees

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2018 representing an increase of 2% over the existing rate of 5% of the Basic Pay/Pension, to compensate for price rise.

This will benefit about 48.41 lakh Central Government employees and 61.17 lakh pensioners.

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.6077.72 crore per annum and Rs.7090.68 crore in the financial year 2018-19 (for a period of 14 months from January, 2018 to February, 2019).

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

Be the first to comment - What do you think?  Posted by admin - March 7, 2018 at 9:58 pm

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AICPIN for the month of January 2018 – Expected DA July 2018

AICPIN for the month of January 2018 – Expected DA July 2018

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 28th February, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – January, 2018

The All-India CPI-IW for January, 2018 increased by 2 points and pegged at 288 (two hundred and eighty eight). On 1-month percentage change, it increased by (+) 0.70 per cent between December, 2017 and January, 2018 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Housing group contributing (+) 3.99 percentage points to the total change. At item level, Goat Meat, Poultry (Chicken), Tea (Readymade), Pan Leaf, Doctor’s Fee, Medicine (Allopathic), Cinema Charges, Bus Fare, Petrol, Flowers/Flower Garlands, etc. are responsible for the increase in index. However, this increase was checked by Rice, Wheat & Wheat Atta, Gram Dal, Eggs (Hen), Fish Fresh, Onion, Brinjal Cabbage, Carrot, Cauliflower, French Bean, Gourd, Palak, Peas, Potato, Radish, Tomato, Sugar, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.11 per cent for January, 2018 as compared to 4.00 per cent for the previous month and 1.86 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.36 per cent against 4.32 per cent of the previous month and 0.34 per cent during the corresponding month of the previous year.

At centre level, Nasik reported the maximum increase of (16 points) followed by Nagpur (11 points), Pune, Lucknow and Goa (10 points each), Kodarma and Amritsar (9 points each), and Coonoor, Agra and Chandigarh (8 points each). Among others, 7 points increase was observed in 3 centres, 6 points in 1 centre, 5 points in 5 centres, 4 points in 1 centre, 3 points in 6 centres, 2 points in 7 centres and 1 point in 8 centres. On the contrary, Quilon recorded a maximum decrease of 6 points followed by Siliguri and Madurai (5 points each). Among others, 4 points decrease was observed in 3 centres, 3 points in 7 centres, 2 points in 8 centres and 1 point in 10 centres. Rest of the 6 centres’ indices remained stationary.

The indices of 36 centres are above All-India Index and 40 centres’ indices are below national average. The index of Varanasi and Jabalpur centres remained at par with All-India Index. The next issue of CPI-IW for the month of February, 2018 will be released on Wednesday, 28th March, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(ANIL KUMAR NEGI)
DEPUTY DIRECTOR

Be the first to comment - What do you think?  Posted by admin - March 1, 2018 at 2:40 pm

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DA from Jan 2018 – 7% to All CG Employees and Pensioners

DA from Jan 2018 – 7% to All CG Employees and Pensioners

AICPIN for December 2017 has been released and there is no impact on Central Dearness Allowance with effect from January 2018. As we expected earlier, the same 2% of additional Dearness Allowance for existing CG Employees and 2% Dearness Relief for CG Pensioners effective from 1.1.2018.

Even the All-India CPI-IW for December, 2017 decreased by 2 points and stands at 286 (two hundred and eighty six), the calculation of DA remains at same.

So, the total Dearness Allowance will be 7% with effect from 1st January 2018.

Month / Year AICPIN
JANUARY 2017 274 (-1)
FEBRUARY 2017 274 (0)
MARCH 2017 275 (+1)
APRIL 2017 277 (+2)
MAY 2017 278 (+1)
JUNE 2017 280 (+2)
Total Increased 6 Points
Month / Year AICPIN
JULY 2017 285 (+5)
AUGUST 2017 285 (0)
SEPTEMBER 2017 285 (0)
SEPTEMBER 2017 287 (+2)
SEPTEMBER 2017 288 (+1)
DECEMBER 2017  286 (-2)
Total Increased 6 Points

Be the first to comment - What do you think?  Posted by admin - February 7, 2018 at 12:45 am

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Expected DA Jan 2018- AICPIN for the Month of Dec, 2017

Expected DA Jan 2018- AICPIN for the Month of Dec, 2017

No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 31st January, 2018

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – December, 2017

The All-India CPI-IW for December, 2017 decreased by 2 points and pegged at 286 (two( hundred and eighty six). On 1-month percentage change, it decreased by (-) 0.69 per cent between November, 2017 and December, 2017 when compared with the decrease of (-) 0,72 per cent for the corresponding months of last year.

The maximum downward pressure to the change in current index came from Food grotip contributing (-) 2.37 percentage points to the total change. At item level, Rice, Arhar Dal, Gram Dal, Groundnut Oil, Chillies Green, Brinjal, Cabbage, Carrot, Cauliflower, French Beans, Green Coriander Leaves, Methi, Palak, Peas, Potato, Radish, Tomato, Banana, Sugar, ESI Premium Contribution, Toilet Soap, etc. are responsible for the decrease in index. However, this decrease was checked by Wheat Atta, Coconut Oil, Fish Fresh, Goat Meat, Onion, Tamarind, Coconut, Electricity Charges, Firewood. Secondary School Fee, Flowers/Flower Garlands, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 4.00 per cent for December, 2017 as compared to 3.97 per cent for the previous month and 2.23 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 4.32 per cent ‘against 3.91 per cent of the previous month and 0.67 per cent during the corresponding month of the previous year.

At centre level, Jamshedpur and Tiruchirapally reported the maximum decrease of (7 points each) followed by Doom Dooma Tinsukia, Siliguri, Godavarikhani and Jalpaiguri (6 points each). Among others, 5 points decrease was observed in 7 centres, 4 points in 10 centres, 3 points in 9 centres, 2 points in 21 centres and 1 point in 13 centres. On the contrary, Darjeeling recorded a maximum increase of 8 points followed by Maria’ (4 points) and Srinagar (3 points). Among others, 2 points increase was observed in 2 centres and 1 point in 2 centres. Rest of the 5 centres’ indices remained stationary.

The indices of 35 centres are above All-India Index and 43 centres’ indices are below national average.

The next issue of CPI-IW for the month of January, 2018 will be released on Wednesday, 28th February, 2018. The same will also be available on the office website www.labourbureanew.gov.in.

Sd/-
(AMRIT LAL JANGID)
DEPUTY DIRECTOR

PIB

Be the first to comment - What do you think?  Posted by admin - January 31, 2018 at 8:20 pm

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7% DA from January 2018

7% DA from January 2018

All India Consumer Price Index Numbers for Industrial Workers – CPI(IW) for November 2017 Increased by one point from 287 points to 288 points.

The DA as on November 2017 is 7.21 %. The Consumer Price Index Numbers for December is expected on Wednesday 31st January 2018, even if the CPI reduces or increase by 5 points , the DA for the January 2018 will remain at 7% . That means increase of 2% DA is assured.

Be the first to comment - What do you think?  Posted by admin - January 4, 2018 at 10:25 pm

Categories: Dearness Allowance   Tags: , , , , ,

AICPIN for the Month of November 2017

AICPIN for the Month of November 2017

No.5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 29th December, 2017

Press Release


Consumer Price Index for Industrial Workers (CPI-IW) – November, 2017

The All-India CPI-IW for November, 2017 increased by 1 point and pegged at 288 (two hundred and eighty eight). On 1-month percentage change, it increased by (+) 0.35 per cent between October, 2017 and November, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.10 percentage points to the total change. At item level, Wheat Atta, Eggs (Hen), Goat Meat, Milk (Cow), Onion, Tamarind, Bitter Gourd, Cabbage, Carrot, Coconut, Potato, Tomato, Cooking Gas, Electricity Charges, Firewood, Kerosene Oil, Private Tuition Fee, Petrol, Barber Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Fish Fresh, Poultry (Chicken), Chillies Green, Garlic, Ginger, Brinjal, Cauliflower, French Bean, Green Coriander Leaves, Methi, Palak, Radish, Apple, Banana, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month and 2.59 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.91 per cent against 2.26 per cent of the previous month and 1.66 per cent during the corresponding month of the previous year.

At centre level, Giridih reported the maximum increase of (7 points) followed by Salem and Puducherry (6 points each) and Rourkela, Sholapur, Mercara and Ghaziabad (5 points each). Among others, 4 points increase was observed in 5 centres, 3 points in 16 centres, 2 points in 13 centres and 1 point in 12 centres. On the contrary, Kolkata recorded a maximum decrease of 3 points followed by Munger-Jamalpur, Amritsar, Chandigarh and Doom Dooma Tinsukia (2 points each). Among others, 1 point decrease was observed in 7 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and 42 centres indices are below national average. The indices of Vishakhapathnam and Ghaziabad centres remained at par with All-India Index.

The next issue of CPI-IW for the month of December, 2017 will be released on Wednesday, 31st January, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRITLALJANGID)
DEPUTY DIRECTOR

PIB

Be the first to comment - What do you think?  Posted by admin - December 29, 2017 at 10:27 pm

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Expected DA Jan 2018: Central Government Employees losing interest in Expected DA?

Expected DA Jan 2018: Central Government Employees losing interest in Expected DA?

Central Government employees losing interest in Dearness Allowance?

It is becoming very obvious these days that the Central Government employees and pensioners are fast losing interest in Dearness Allowance.

Dearness Allowance is given to the Central Government employees once every six months, in order to help them maintain their lifestyle against the rising prices. Fluctuations in the prices of 392 essential items are recorded regularly at 78 various locations and their data is tabulated once every month to calculate the All India Consumer Price Index Number(AICPIN), which is then released by the Centre. Dearness Allowance is thus calculated.

For eight years now, we have been calculating the Dearness Allowance in advance and releasing the numbers. This is why we are able to sense an acute loss of interest among the Central Government employees in recent times to know their next and expected Dearness Allowance.

Dearness Allowance is calculated with the employee’s basic salary. For example, a 5 percent Dearness Allowance for an employee who draws a basic salary of Rs. 7000 per month, will translate into Rs. 350. An employee drawing basic salary of Rs. 20,000 will get an additional Rs. 200 if 1 percent Dearness Allowance is sanctioned.

All the Central Government employees, defence personnel and pensioners are now being paid as per the recommendations of the Seventh Pay Commission, from January 2016 onwards. The Seventh Pay Commission had recommended that no changes shall be made in the Dearness Allowance calculations and the method adopted by the Sixth Pay Commission continues to be followed. The centre too had accepted the recommendations.

Under the Sixth Pay Commission method, the Dearness Allowance had increased by 125 percent in the past ten years, from January 2006 to December 2015. It is worth mentioning that at least thrice, a Dearness Allowance of 10 percent was paid to the employees. The table below shows the Dearness Allowance that was paid once every six months.

The loss of interest among the employees probably has something to do with the fact that the increase in Dearness Allowance has only been marginal ever since the Seventh Pay Commission was implemented.

There was no Dearness Allowance for the first six months, January to June 2016. Dearness Allowance of only two percent was given for July to December 2016. It looked as if something was wrong with the calculations, right from the start, but the employees thought that things will improve with time. The Dearness Allowance for January to June 2017 was a mere one percent, which came as a rude shock to all.

The centre claimed that it was because they have the prices under control.

So, what is the Dearness Allowance for the second term of 2017, July to December 2017, likely to be?

This time too, it is not expected to exceed two percent.

We expect the Dearness Allowance to be 7% with effect from January 2018.

DA Table from 1.1.2016 as per 7th CPC

Month/Year CPI(IW)

BY2001=100

Total of

12 Months

12 Months

Average

DA with

Decimal

DA %
Jan-16 269 3152 262.67 0.48
Feb-16 267 3166 263.83 0.92
Mar-16 268 3180 265 1.37
Apr-16 271 3195 266.25 1.85
May-16 275 3212 267.67 2.39
Jun-16 277 3228 269 2.9 2%
Jul-16 280 3245 270.42 3.44
Aug-16 278 3259 271.58 3.89
Sep-16 277 3270 272.05 4.24
Oct-16 278 3279 273.25 4.53
Nov-16 277 3286 273.83 4.75
Dec-16 275 3292 274.33 4.94 4%
Jan-17 274 3297 274.75 5.1
Feb-17 274 3304 275.33 5.32
Mar-17 275 3311 275.92 5.55
Apr-17 277 3317 276.42 5.74
May-17 278 3320 276.67 5.83
Jun-17 280 3323 276.91 5.93 5%
Jul-17 285 3328 277.33 6.09
Aug-17 285 3335 277.92 6.31
Sep-17 285 3343 278.58 6.56
Oct-17 287 3352 279.33 6.85
Nov-17
Dec-17

Via: Expected DA

Be the first to comment - What do you think?  Posted by admin - December 17, 2017 at 5:59 pm

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Expected DA from January 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% – CPI(IW) Index of Oct, 17 released

Expected DA from January 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% – CPI(IW) Index of Oct, 17 released

All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of Oct, 2017 has been released yesterday by Labour Bureau and increased by 2 points and pegged at 287 (two hundred and eighty seven). With this increase 7th CPC Dearness Allowance/Dearness Relief for Central Govt Employees and Pensioner w.e.f. the month from January, 2018 will be 7% with 2% increase in July, 2017 DA/DR. On the other hand the 6th CPC DA speculated to be 143% with 4% increase in present DA Rate.

The speculation of month of Sept, 2017 while 5 points increase in All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of July, 2017 was indicating 7% 7th CPC Dearness Allowance with 2% increase & 142% 6th CPC DA with 3% increase in 6th CPC Dearness Allowance from January, 2018 has comes true after 3 months.

Only two months index is to be needed to give the calculated figure for the January, 2018 DA/DR but the confirm speculation is being given through the undermentioned table. The undermentioned speculations are checking the Expected DA 2018 by extreme up and down level of CPI(IW) Number. A major ups and down in index will give the confirm 7% 7th CPC DA and a minor change will give variation in 6th CPC DA as 142% or 143%. Have a look on expected DA table:

expected-da-january-2018

 Expected DA from Jan, 2018: ACPIN (IW) for Oct, 2017 released – 2 Points increased

No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 30th November, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – October, 2017

The All-India CPI-IW for October, 2017 increased by 2 points and pegged at 287 (two hundred and eighty seven). On l-month percentage change, it increased by (+)0.70 per cent between September, 2017 and October, 2017 when compared with the increase of (+) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.94 percentage points to the total change. At item level, Rice, Milk (Buffalo), Onion, Bitter Gourd, Brinjal, Cabbage, Cauliflower, Carrot, Gourd, Coconut, French Beans, Green Coriander Leaves, Lady’s Finger, Parval, Potato, Tomato, Torai, Cigarette, Cooking Gas, Doctor’s Fee, Cinema Charges, Repair Charges, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Fish Fresh, Poultry (Chicken), Chillies Green, Peas, Apple, Banana, Orange, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.24 per cent for October, 2017 as compared to 2.89 per cent for the previous month and 3.35 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.26 per cent against 1.30 per cent of the previous month and 2.99 per cent during the corresponding month of the previous year.

At centre level, Darjeeling and Tiruchirapally reported the maximum increase of (10 points each) followed by Munger-Jamalpur (8 points) and Puducherry (7 points). Among others, 6 points increase was observed in 2 centres, 5 points in 8 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 19 centres and 1 point in 14 centres. On the contrary, Mercara recorded a maximum decrease of 4 points. followed by Goa and Bhavnagar (3 points each). Among others, 2 points decrease was observed in l centre and 1 point in another 6 centres. Rest of the 6 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and 43 centres’ indices are below national average. The indices of Madurai and Amritsar centres remained at par with All-India Index.

The next issue of CPHW for the month of November, 2017 will be released on Friday, 29th December, 2017. The same will also be available on the office website www.labourbureaunew. gov. in.

(AMRIT LAL JANGID)

DEPUTY DIRECTOR

PIB

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Expected DA From Jan 2018 – AICPIN for the Month of September 2017

Expected DA From Jan 2018 – AICPIN for the Month of September 2017

AICPIN for the Month of September 2017

 

No.5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

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

Press Release

 Consumer Price Index for Industrial Workers (CPI-IW) – September, 2017

 

The All-India CPI-IW for September, 2017 remained stationary at 285 (two hundred and eighty five). On 1-month percentage change, it remained static between August, 2017 and September, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

 

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.26 percentage points to the total change. At item level, Fish Fresh, Onion, Bitter Gourd, Brinjal, Carrot, Gourd, Lady’s Finger, Potato, Tomato, Torai, Cucumber, Apple, Banana, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat Atta, Arhar Dal, Coconut Oil, Poultry (Chicken), Chillies Green, Cauliflower, Green Coriander Leaves, Peas, Coconut, Bidi, Cigarette, Cooking Gas, Petrol, Tailoring Charges, etc., putting downward pressure on the index.

 

The year-on-year inflation measured by monthly CPI-IW stood at 2.89 per cent for September, 2017 as compared to 2.52 per cent for the previous month and 4.14 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 1.30 per cent against (+) 1.61 per cent of the previous month and 4.05 per cent during the corresponding month of the previous year.

 

At centre level, Tiruchirapally, Varanasi, Lucknow, Quilon and Salem reported the maximum decrease of 4 points each followed by Giridih, Bhilwara, Raniganj, Bengaluru, Faridabad, Vishakhapathnam, Jamshedpur and Haldia (3 points each). Among others, 2 points decrease was observed in 12 centres and 1 point in 18 centres. On the contrary, Tripura recorded a maximum increase of 7 points followed by Bhilai (6 points), Siliguri and Doom-Dooma Tinsukia (5 points each). Among others, 4 points increase was observed in 2 centres, 3 points in 2 centres, 2 points in 4 centres and 1 point in 10 centres. Rest of the 13 centres indices remained stationary.

 

The indices of 44 centres are below All-India Index and 33 centres indices are above national average. The index of Tiruchirapally centre remained at par with All-India Index. The next issue of CPI-IW for the month of October, 2017 will be released on Thursday, 30th November, 2017. The same will also be available on the office website WWW. labourbureaunew.gov.in.

 

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

 

PIB

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AICPIN for August 2017 – Expected DA from January 2018

AICPIN for August 2017 – Expected DA from January 2018

The AICPIN (All India Consumer Price Index) for Industrial Workers Base Year 2001=100 for August, 2017 remained stationary at 285 (two hundred and eighty five).

No.5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: 29th September, 2017

PRESS RELEASE

Consumer Price Index for Industrial Workers (CPI-IW) – August, 2017

The All-India CPI-IW for August, 2017 remained stationary at 285 (two hundred and eighty five). On 1-month percentage change, it remained static between July, 2017 and August, 2017 when compared with the decrease of (-) 0.71 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Miscellaneous group contributing (+) 0.37 percentage points to the total change. At item level, Rice, Coconut Oil, Pure Ghee, Onion, Brinjal, Cabbage, Poi Sag, Pumpkin, Banana, Coconut, Mango, Tea (Readymade), Snack Saltish, Bide, Cinema Charges, Petrol, Flower/Flower Garlands, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Wheat Atta, Masur Dal, Fish Fresh, Poultry (Chicken), Carrot, French Beans, Green Coriander Leaves, Methi, Peas, Tomato, Torai, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.52 per cent for August, 2017 as compared to 1.79 per cent for the previous month and 5.30 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 1.61 per cent against (-) 0.32 per cent of the previous month and 6.16 per cent during the corresponding month of the previous year.

At centre level, Jalpaiguri reported the maximum increase of 11 points followed by Jalandhar and Rourkela (8 points each), Chhindwara (6 points) and Chandigarh and Vishakhapathnam (5 points each). Among others, 4 points increase was observed in 3 centres, 3 points in 7 centres, 2 points in 14 centres and 1 point in 16 centres. On the contrary, Coonoor recorded a maximum decrease of 6 points followed by Lucknow (4 points) and Mundakkayam, Chennai and Puducherry (3 points each). Among others, 2 points decrease was observed in 6 centres and 1 point in 5 centres. Rest of the 16 centres’ indices remained stationary.

The indices of 35 centres are above All-India Index and 42 centres’ indices are below national average. The indices of Vishakhapathnam centre remained at par with All-India Index.

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

sd/-
(AMRIT LALJANGID)
DEPUTY DIRECTOR

Click to view the Press Release

Authority: www.labourbureaunew.gov.in

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Expected DA from Jan 2018 for CG Employees and Pensioners

Expected DA from Jan 2018 for Central Govt Employees and Pensioners

The All India Consumer Price Index for Industrial Workers (CPI-IW) for July, 2017 increased by 5 points and pegged at 285. The Index increased by 1.79% between June, 2017 and July, 2017 when compared with the increase of 1.08% for the corresponding months of last year.

Dearness Allowance for CG Employees and Pensioners with effect from 1.1.2018 may be enhanced by 2% or 3% [Total DA percentage 7%(5% + 2%) or 8%(5% + 3%)]

Expected DA from Jan 2018 for CG Employees and Pensioners

Expected DA from Jan 2018 for CG Employees and Pensioners

Be the first to comment - What do you think?  Posted by admin - September 12, 2017 at 11:38 am

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Expected DA from January 2018 – DA would be 3% ?

Expected DA from January 2018 –  DA would be 3% ?

We have calculated the expected DA from January 2018 with different Scenarios, but most of the calculations comes around only 3 percent increase, lets us see the scenarios here

Scenario 1

In case the AICPIN value increase by 3 point for next FIVE months (example AUG 288, SEP 291, OCT 294, NOV 297, DEC 300,), then DA would be 3% (8.81-5 =3)

Scenario 2

In case the AICPIN value increase by 3 point for next FIVE months (example AUG 289, SEP 293, OCT 297, NOV 301, DEC 305) then DA would be 4% (9.28-5 =4)

EXPECTED-da-jan-2018-AICPIN

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Expected DA from January 2018 – AICPIN for the month of July 2017, 5 Points Increased (285)

AICPIN for the month of July 2017 – 5 Points Increased (285)

Consumer Price Index for Industrial Workers (CPI-IW) – July 2017

The All India CPI-IW for July, 2017 increased by 5 points and pegged at 285.

The Index increased by 1.79% between June, 2017 and July, 2017 when compared with the increase of 1.08% for the corresponding months of last year.

No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
CLEREMONT, SHIMLA-171004

DATED: 31st August, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – July 2017

The All-India CPI-IW for July, 2017 increased by 5 points and pegged at 285 (two hundred and eighty five). In terms of monthly change, it increased by (+) 1.79 per cent between June, 2017 and July, 2017 when compared with the increase of (+) 1.08 per cent for the corresponding months of last year.

 The maximum upward pressure to the change in current index came from Food group contributing (+) 3.12 percentage points to the total change. The House Rent index further accentuated the overall index by (+) 0.70 percentage points. At item level, Rice, Pure Ghee, Chillies (Green), Onion, Bitter Gourd, Brinjal, Gourd, Lady’s Finger, Palak, Parwal, Potato, Pumpkin, Tomato, Torai, Banana, Cucumber, Mango, Tea (Readymade), Bidi, Cooking Gas, Kerosene Oil, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Arhar Dal, Masur Dal, Urd Dal, Coconut Oil, Mustard Oil, Poultry (Chicken), Coconut, Lemon, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 1.79 per cent for July, 2017 as compared to 1.08 per cent for the previous month and 6.46 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (-) 0.32 per cent against (-) 1.28 per cent of the previous month and 9.34 per cent during the corresponding month of the previous year.

At centre level, Jamshedpur reported the maximum increase of 12 points followed by Delhi and Ranchi-Hatia (11 points each), Raniganj and Jaipur (10 points each) and Varanasi and Amritsar (9 points each). Among others, 8 points increase was observed in 2 centres, 7 points in 7 centres, 6 points in 7 centres, 5 points in 11 centres, 4 points in 10 centres, 3 points in 13 centres, 2 points in 9 centres and 1 point in 5 centres. On the contrary, Goa recorded a decrease of 1 point. Rest of the 6 centres indices remained stationary.

The indices of 34 centres are above All-India Index and 42 centres indices are below national average. The indices of Amritsar and Lucknow centres remained at par with All-India Index.

The next issue of CPI-IW for the month of August, 2017 will be released on Friday, 29th September, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.

(SHYAM SINGH NEGI)

DEPUTY DIRECTOR GENERAL

AICPIN-EXPECTED-DA-FROM-January-2018

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