Posts Tagged ‘Expected Dearness Allowance’

AICPIN for August 2017 – Expected DA from January 2018

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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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Be the first to comment - What do you think?  Posted by admin - September 30, 2017 at 12:52 pm

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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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AICPIN for the month of June 2017

AICPIN for the month of June 2017

Consumer Price Index for Industrial Workers (CPI_IW) – June 2017

The All India CPI_IW for June, 2017 increased by two points and pegged at 280.

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

‘CLEREMONT’, SHIMLA-171004
DATED: 31st July, 2017

Press Release

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

The All-India CPI-IW for June, 2017 increased by 2 points and pegged at 280 (two hundred and eighty). On 1-month percentage change, it increased by (+) 0.72 per cent between May, 2017 and June, 2017 when compared with the increase of (+) 0.73 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 (+) 2.59 percentage points to the total change. At item level, Rice, Wheat, Fish Fresh, Eggs (Hen), Poultry (Chicken), Milk, Pure Ghee, Chillies Green, Onion, Brinjal, Cabbage, Cauliflower, Gourd, Green Coriander Leaves, Palak, Potato, Radish, Tomato, Torai, Coconut, Cooking Gas, Medicine (Allopathic), Toilet Soap, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Masur Dal, Groundnut Oil, Mustard Oil, Chillies Dry, French Beans, Electricity Charges, Petrol, Flower/Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 1.08 per cent for June, 2017 as compared to 1.09 per cent for the previous month and 6.13 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (-) 1.28 per cent against (-) 1.63 per cent of the previous month and 8.33 per cent during the corresponding month of the previous year.

At centre level, Lucknow reported the maximum increase of 8 points followed by Agra (7 points) and Rajkot, Madurai, Varanasi, Quilon and Surat (6 points each). Among others, 5 points increase was observed in 8 centres, 4 points in 8 centres, 3 points in 9 centres, 2 points in 15 centres and 1 point in 13 centres. On the contrary, Darjeeling, Tripura, Belgaum, Rangapara-Tezpur and Chandigarh recorded maximum decrease of 2 points each followed by 1 point decrease in Guwahati. Rest of the 12 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and other 45 centres’ indices are below national average.

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

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

expected-da-july-2017-is-over

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AICPIN for the month of May 2017 – Expected DA Almost Final!

AICPIN for the month of May 2017 – Expected DA Almost Final!

All India Consumer Price Index for the month of May 2017

The official Press Release has been released by the Labour Bureau today on its official portal, the index has increased by one point and stands at 278. Expected Dearness Allowance and Dearness Relief for Central Government Employees and Pensioners is almost decided to hike by 1 percent with effect from 1st July 2017. The total DA and DR from 1.7.2017 may be revised as 5%.

The image of the Press Release is given below for your further reference…

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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

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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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Expected DA July 2016 – AICPIN For February 2016

Expected DA July 2016 – AICPIN For February 2016

Expected-DA-july-2016-AICPIN

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

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

Press Release

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

The All-India CPI-IW for February, 2016 decreased by 2 points and pegged at 267 (two hundred and sixty seven). On 1-month percentage change, it decreased by (-) 0.74 per cent between January, 2016 and February, 2016 when compared with the decrease of (-) 0.39 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, (-) 2.21 percentage points to the total change. At item level, Rice, Arhar Dal. Masur Dal, Moong Dal, Urd Dal, Groundnut Oil, Mustard Oil, Poultry (Chicken), Eggs (Hen), Garlic, Onion, Vegetable and Fruit items, Flower/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was checked by Wheat and Wheat Atta, Fish Fresh, Goat Meat, Milk, Tea (Readymade), Sugar, Cigarette, Tailoring Charges, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.53 per cent tbr February, 2016 as compared to 5.91 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 6.18 per cent against 7.61 per cent of the previous month and 7.42 per cent during the corresponding month of the previous year.
At centre level, Giridih reported the maximum decrease of 8 points followed by Madurai, Tiruchirapally, Munger-Jamalpur and Bengaluru (7 points each) and Sholapur. Mundakkayam and Belgaum (6 points each). Among others. 5 points decrease was observed in 3 centres, 4 points in 8 centres, 3 points in another 8 centres. 2 points in 14 centres and 1 point in 10 centres. On the contrary, Quilon recorded a maximum increase of 5 points followed by Mysore and Rajkot (3 points each) and Kodarma (2 points). Among others, 1 point increase was observed in 9 centres. Rest or the 14 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and other 44 centres’ indices are below national average.

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

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

PIB

Click to view Press Release in English
Click to view Dettailed Report of AICPIN

Be the first to comment - What do you think?  Posted by admin - March 31, 2016 at 6:24 pm

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Expected DA from January 2016 which is crucial for 7th CPC Pay

Expected DA from January 2016 is 125% after release of AICPI (IW) for September 2015 – Estimation of Dearness Allowance applicable to Central Government Employees and Pensioners

Ministry of Labour and Employment has released All India Consumer Price Index for the month of September 2015. It has reached 266 which is two point increase over the previous month. Unlike penultimate DA Installment estimation, the pattern of Consumer Price Indices that are available for arriving at expected Dearness Allowances from January 2016 provides us precise idea on expected DA from January 2016. Hence, we thought of making a prediction analysis a bit earlier this time.

In fact, the quantum of DA with effect from 1st January 2016, is very crucial for Central Government Employees and Pensioners, as it is going to determine the DA merged Pay and increase in allowances after implementation of 7th Pay Commission.

As a first step let us list the Actual AICPI – IW which are available as on date, for estimating DA from January 2016.

Month Actual AICPI-IW
Jan-2015 254
Feb-2015 253
Mar-2015 254
Apr-2015 256
May-2015 258
Jun-2015 261
July-2015 263
Aug-2015 264
Sep-2015 266
Oct-2015 Not released
Nov-2015 Not released
Dec-2015 Not released

Out of 12 Consumer Price Indices which are required to determine DA with effect from January 2016, nine indices are already available. So, consumer price indices for remaining three months will have to be assumed.

We have taken three possible assumptions this time, such that each assumption gives different quantum of increase in DA from January 2016.

Assumption 1: (Assumption of CPI for getting least possible increase in DA from January 2016)

The least increase in DA from January 2016 will be 5% (i.e., DA from January will be 124% ). Under this assumption, DA from January 2016 will be 124% only if CPI falls below the present level of 266 in at least two of three coming months. Though Chances for this scenario coming to reality is possible but the increasing trend in consumer price index from February 2015 negates this possibility.

DA from Jan 2016= [(254+253+254+256+258+
261+263+264+266+265+
265+266)-115.76]*100/115.76
= 124 % (5% increase in DA from Jan 2016)

Assumption 2: (Assumption of CPI for getting maximum possible DA from January 2016):

DA from January 2016 is calculated to be 126%, only if CPI touches 272 from the present level of 266, at least two times in the coming three months with at least one point increase in the remaining month.  We feel that this scenario is remotely possible considering the trend of CPI, which shows only moderate inflation.

DA from Jan 2016= [(254+253+254+256+258+
261+263+264+266+267+
272+272)-115.76]*100/115.76
= 126 % (7% increase in DA from Jan 2016)

Assumption 3: (Assumption of Most Possible Consumer Indices ):

Steady increase in AICPI-IW could be found from February 2015 at the rate of one to two point increase over previous month.

Even if CPI from October 2015 to December 2015 remains at 266 , DA from January 2016 will be 125%. Considering the trend in CPI in the recent months, it could be safely presumed that indices would increase one or two points in the coming months or at least remains in the same level. In both of these cases, DA from January 2016 will be 125%.

DA from Jan 2016= [(254+253+254+256+
258+261+263+264+266+
267+272+272)-115.76]*100/115.76
= 125 % (6% increase in DA from Jan 2016)

It is apparent that Assumption 3 has got better chances out of these three assumptions. Hence we can safely bet that DA from January 2016 will be 125%.

Source: gconnect.in

Be the first to comment - What do you think?  Posted by admin - November 2, 2015 at 3:03 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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Expected DA July 2015 to be finalized – May 2015 AICPIN to be announced today

‘Expected DA July 2015’ to be finalized – May 2015 AICPIN to be announced today

‘DA from July 2015’ will most likely be finalized today; DA calculation stands at nearly 6%, as of now.

The price of petrol and diesel is one of the most important factors that influence the prices of general commodities. Petrol and diesel prices had increased by 10 to 15% in the month of May. Experts believe that it will have a huge impact on the prices of essential commodities too.

The Labour Bureau calculates the AICPIN points based on the prices of essential commodities at 78 select towns and cities from all over the country. 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 CPI (IW) Base Year 2001=100 index points for the month of May will be announced today. Based on today’s announcement, one can calculate, the Dearness Allowance that will be given from July onwards.

Source: www.cgstaffportal.in

Be the first to comment - What do you think?  Posted by admin - June 30, 2015 at 11:52 am

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Expected Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission

Expected Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission

Expected or Additional Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission i.e., July 2015 and Jan 2016.

After releasing the CPI(IW) for the month of December 2014, the second instalment of additional Dearness Allowance for the year of 2014 is confirmed to hike by 6%. This calculation effective from 1.1.2015 for the purpose of DA / DR to CG Employees and Pensioners upto June 2014. The total DA and DR will go up to 113%.

After the completion of 2014, two more instalments are balance for the year of 2015. These additional instalments are effective from 1.7.2015 and 1.1.2016. The index of ‘All India Consumer Price Index for Industrial Workers Base Year 2001=100′ upto December 2015 is essential to arrive the additional percentage of dearness allowance for the tenure of Jan to June 2014 and July to Dec 2014.

The 6th Pay Commission recommended the calculation method of additional DA for the period of 2006 to 2015, and from Jan 2016 is expected to begin with the recommendation of 7th Pay Commission.

A table is given for better understand the position of dearness allowance and remaining the additional DA…

Two More Instalments for the tenure of 6th Pay Commission

Source: www.cgstaffnews.in

Be the first to comment - What do you think?  Posted by admin - February 2, 2015 at 4:24 pm

Categories: 6CPC, 7CPC, CGDA, Dearness Allowance, Employees News, Expected DA, General news, Latest News   Tags: , , , , , , ,

6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released

6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released

The 6% hike in DA/DR from January, 2015 with total 113% is now FINAL after release of December, 2014 AICPIN.  All Central Government Employees & Pensioner are now eligible to get 6% hike in current DA/DR which is 107%.  All India Consumer Price Index Number (AICPIN) for Industrial Worker is remained stationery at 253 (two hundred and fifty three) for the month of December, 2014.   The additional installment of 6% DA/DR from January, 2015 will be approved by the Govt. in the month of March, 2015 and the arrears of the month from January to March, 2015 will be paid in the staring of next financial year i.e. April, 2015.
The Final table is for calculation of DA/DR for the month from January, 2015 is given below:-

Expect-
ation
Increase/

Decrease

Index

Month Base

Year

2001

100

Total

of 12

Months

Twelve

monthly

Average

% increase

over 115.76

for   DA

DA

announced

or will be

announced

-4 Dec,13 239 2786 232.17 100.56% 100%
DA/DR from
July, 2014
-2 Jan,14 237 2802 233.5 101.71% 107%
1 Feb,14 238 2817 234.75 102.79%
1 Mar,14 239 2832 236 103.87%
3 Apr,14 242 2848 237.33 105.02%
2 May,14 244 2864 238.67 106.17%
2 Jun,14 246 2879 239.92 107.25%
JUL+AICPIN 6 Jul,14 252 2896 241.33 108.48% 113%
Aug+AICPIN 1 Aug,14 253 2912 242.67 109.63%
Sep+AICPIN 0 Sep,14 253 2927 243.92 110.71%
Oct+AICPIN 0 Oct,14 253 2939 244.92 111.57%
Nov+AICPIN 0 Nov,14 253 2949 245.75 112.29%
Dec+AICPIN 0 Dec,14 253 2963 246.92 113.30%

Dearness Allowance/Relief from January, 2015 will be

You may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF 

Press Release for CPI(IW) Base 2001=100 Monthly Index Letter – DECEMBER 2014

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

 ‘CLEREMONT’, SHIMLA-171004
DATED: the 30th January, 2015

 Press Release

Consumer Price Index for Industrial Workers (CPHW) – December, 2014

The All-India CPHW for December, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between November, 2014 and December, 2014 when compared with the decrease of (-) 1.65 per cent between the same two months a year ago.

The largest downward pressure to the change in current index came from Food group contributing (-) 1.09 percentage points to the total change. At item level, Coconut Oil, Poultry (Chicken), Chillies Green, Ginger, Onion, Vegetable & Fruit items, Sugar, Petrol, etc. are responsible for the decrease in index. However, this decrease was restricted to some extent by Rice, Wheat, Wheat Atta, Arhar Dal, Masur Dal, Moong Dal, Mustard Oil, Fish Fresh,’Goat Meat, Eggs (Hen), Dairy Milk, Milk (Cow & Buffalo), Tea (Readymade), Cigarette, Electricity Charges, Firewood, E.S.I. Contribution, Cable Charges, Private Tuition Fee, Taxi Fare, Barber Charges, Flower/F lower Garlands, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPHW stood at 5.86 per cent for December, 2014 as compared to 4.12 per cent for the previous month and 9.13 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.73 per cent against 2.56 per cent of the previous month and 11.49 per cent during the corresponding month of the previous year.

At centre level, Kodarma reported a maximum decrease of 12 points followed by Ranchi Hatia (7 points), Tripura (6 points) and Varanasi & Agra (5 points each). Among others, 4 points fall was observed in 5 centres, 3 points in 4 centres, 2 points in 18 centres and 1 point in 16 centres. On the contrary, Bhilwara & Tiruchirapally recorded maximum increase of 5 points each followed by Mumbai & Puduchery (3 points each). Among others, 2 points rise was registered in 5 centres and 1 point in 9 centres. Rest of the 12 centres’ indices remained stationary.

The indices of 38 centres are below and other 39 centres’ indices are above national average. The index of Varanasi centre remained at par with all-India index.

The next index of CPI-1W for the month of January, 2015 will be released on Friday, 27 February, 2015. The same will also be available on the office website www. labourbureau. gov. in.

sd/-
(S.S. NEGI)
DIRECTOR

Source: http://labourbureau.nic.in/press%20note%20eng%20dec%202014.pdf

Be the first to comment - What do you think?  Posted by admin - February 1, 2015 at 7:09 am

Categories: CGDA, DA Over 50%, Dearness Allowance, Employees News, Expected DA, General news, Latest News   Tags: , , , , , , ,

Expected DA Jan 2015 is now confirmed to hike by 6% – AICPIN for Dec 2014 released…

AICPIN for December 2014 – No change and stands at 253

Labour Bureau just now released the index of CPI(IW) for the month of December 2014. The index is remained stationary at 253.

As we expected earlier, the expected dearness allowance from january 2015 is now confirmed to hike by 6% only.

And AICPIN for the month of January 2015 will be published on 27th February 2015.

Click to read official report of AICPIN FOR DEC 2014

Be the first to comment - What do you think?  Posted by admin - January 30, 2015 at 4:25 pm

Categories: AICPIN, CGDA, DA Over 50%, Dearness Allowance, Employees News, Expected DA, General news, Latest News   Tags: , , , , ,

Expected Dearness Allowance: 113% DA-DR from January, 2015 confirmed after November, 2014 AICPIN

113% DA-DR from January, 2015 confirmed after November, 2014 AICPIN
Expected DA/DR is now entered in 2nd last step.  All India  Consumer Price Index Number (AICPIN) for Industrial Worker is remained stationery at 253 (two hundred and fifty three) for the month of November, 2014. Estimation of 113% with 6% increase in expected DA/DR for Central Govt Employees/Pensioner is also stationery as previous month November-2014.   CPI-IW for next two months is yet to be announced.   Following table showing that estimation of 113% is constant with 9 points’ increase in CPI-IW index and with 5 point decline in next month speculate 112% of future DA/DR.  Therefore it is mostly confirm that 6% increase in future DA/DR for Central Government.
Employees/Pensioner.  See the table of Expected DA/DR given below:
Expect-

ation

Increase/

Decrease

Index

Month Base

Year

2001

100

Total

of 12

Months

Twelve

monthly

Average

% increase

over 115.76

for   DA

DA

announced

or will be

announced

-4 Dec,13 239 2786 232.17 100.56% 100%
DA/DR from

July, 2014

-2 Jan,14 237 2802 233.5 101.71% 107%
1 Feb,14 238 2817 234.75 102.79%
1 Mar,14 239 2832 236 103.87%
3 Apr,14 242 2848 237.33 105.02%
2 May,14 244 2864 238.67 106.17%
2 Jun,14 246 2879 239.92 107.25%
JUL+AICPIN 6 Jul,14 252 2896 241.33 108.48% 113%
Aug+AICPIN 1 Aug,14 253 2912 242.67 109.63%
Sep+AICPIN 0 Sep,14 253 2927 243.92 110.71%
Oct+AICPIN 0 Oct,14 253 2939 244.92 111.57%
Nov+AICPIN 0 Nov,14 253 2949 245.75 112.29%
Expected

AICPIN

for Dec

2014 –

Expected

DA/DR is

constant to

113% from

-4 point

decline to

9 point

increase

0 Dec,14 253 2963 246.92 113.30%
2 Dec,14 255 2965 247.08 113.44% 113%
8 Dec,14 261 2971 247.58 113.88% 113%
9 Dec,14 262 2972 247.67 113.95% 113%
10 Dec,14 263 2973 247.75 114.02% 114%
-2 Dec,14 251 2961 246.75 113.16% 113%
-4 Dec,14 249 2959 246.58 113.01% 113%
-5 Dec,14 248 2958 246.50 112.94% 112%
Hence expected DA/DR from Jan, 2015 is 113%

 

Press Release for CPI(IW) Base 2001=100 Monthly Index Letter – NOVEMBER 2014

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004
DATED: the 3lst December, 2014
Press Release

Consumer Price Index for Industrial Workers (CPI-1W) – November, 2014

The All-India CPI-1W for November, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between October, 2014 and November, 2014 when compared with the rise of 0.83 per cent between the same two months a year ago.
The largest upward pressure to the change in current index came from Miscellaneous group contributing (+) 0.17 percentage points to the total change. At item level, Wheat, Rice, Moong Dal, Masur Dal, Arhar Dal, Eggs (Hen), Goat Meat, Milk (Cow), Onion, Tea (Readymade), Private Tution Fee, Flower/F lower Garlands, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Ginger, Chillies green, Vegetable items, Sugar, Petrol, etc., putting downward pressure on the index.

 

The year-on-year inflation measured by monthly CPI-1W stood at 4.12 per cent for November, 2014 as compared to 4.98 per cent for the previous month and 11.47 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.56 per cent against 4.48 per cent of the previous month and 16.17 per cent during the corresponding month of the previous year.
At centre level, Madurai reported an increase of 12 points followed by Chennai (11 points), Tiruchirapally (7 points), Coonoor (6 points), Salem and Coimbatore (5 points each) and Bangluru (4 points). Among others, 3 points rise was observed in 3 centres, 2 points in 7 centres and 1 point in 9 centres. On the contrary, Srinagar recorded a decrease of 6 points and Ghaziabad (5 points). Among others, 4 points fall was registered in 2 centres, 3 points in 6 centres, 2 points in 12 centres and 1 point in 19 centres. Rest of the 11 centres’ indices remained stationary.
The indices of 38 centres are above and other 39 centres’ indices are below  national average. The index of Bhopal centre remained at par with all-India index.
The next index of CPI-1W for the month of December, 2014 will be released on Friday, 30 January, 2015. The same will also be available on the office website www.1abourbureau. gov. in.
(S.S. NEGI)
DIRECTOR

Source: http://labourbureau.nic.in/press_note_eng_nov_2014.pdf

Be the first to comment - What do you think?  Posted by admin - January 1, 2015 at 11:09 am

Categories: Dearness Allowance, Directorate of Estates, Employees News, Expected DA, Pension   Tags: , , , , , ,

Expected Dearness Allowance from January 2015 for Central Govt Employees and Pensioners, almost confirmed 6% increase…

Expected Dearness Allowance from January 2015 for Central Govt Employees and Pensioners, almost confirmed 6% increase…

 

Expected DA from Jan 2015 is on fourth step, no change in the index of CPI(IW) for the month of October 2014, stands at 253 only.

 

Increase in Dearness allowance for Central Govt employees and Pensioners from Jan 2015 is likely to be 6% and the total Dearness allowance will go up to 113%.

 

When comparing with previous instalments of additional DA, this is some what low. In July 2013 and Jan 2014, both the installments was in double digit.

 

After this DA, there will be only another instalment in July 2015 which is the last instalment of additional DA in Sixth Pay Commission. And the first installment for the year 2016, the DA calculation may be change with the recommendations of 7th CPC.

 

The below table describes the position of AICPIN with DA Calculation…

Expected DA 2015

Expected DA from Jan 2015

 

Source: http://7thpaycommissionnews.in

Be the first to comment - What do you think?  Posted by admin - December 1, 2014 at 2:52 am

Categories: 7CPC, AICPIN, Allowance, Dearness Allowance, Employees News, Expected DA   Tags: , , , , , ,

Suggestion on Dearness Allowance for 7th Pay Commission – NC JCM STAFF SIDE

Suggestion on Dearness Allowance for 7th Pay Commission – NC JCM STAFF SIDE

National Council JCM Staff Side suggested on the issue of Dearness Allowance in 7th Pay Commission, the existing formula of computation of Dearness allowance and its payment with effect from 1st January, and 1st July may continue…

Dearness allowance

The neutralisation envisaged under the present system of computation of dearness compensation is supposed to be cent per cent, but in reality it is not the case. Actual consumer price index is much higher than the level at which DA is calculated on the basis of 12 monthly average. The average is always lower than the actual cost of living.

The calculation of consumer price index, its basis, the basket of goods on which it is based, are questionable and has become a matter of dispute. Since the Pay Commission being not the forum at which these issues could be taken, we do not propose to go into the details of this aspects.

We suggest, therefore, that the existing formula of computation of DA and its payment with effect from 1st January, and 1st July, may continue.

Source: 90paisa.blogspot.in
[http://90paisa.blogspot.in/2014/06/suggestion-on-dearness-allowance-for.html]

Be the first to comment - What do you think?  Posted by admin - June 25, 2014 at 11:40 am

Categories: 7CPC, Dearness Allowance, Employees News, Expected DA   Tags: , , , , , , ,

Expected DA- Status, as of March 2014

Expected Dearness Allowance from July 2014 for Central Govt Employees and Pensioners…

Expected DA- Status, as of March 2014
Expected Dearness Allowance from July 2014 : This time there is a considerable slackening in the pace of the expected DA. It looks as if there are plenty of reasons for it.
As of March, the AICPIN has increased by one point and is at 239. The rapid increase in Consumer Price Index (IW) has been brought under control now. Election is believed to be one of the reasons for it. Since price rise and inflation are under control, there is not much of an increase in All India Consumer Price Index for Industrial Workers. With a fall in the prices of essential commodities, the AICPIN points have actually reduced.
Another reason is the reduction of AICPIN by 4 points in December 2013. The Consumer Price Index, which was steadily rising till then, slumped by 4 points. It wasn’t much of a shock then because the Additional DA for the month of January 2014 increased by 10% and had touched 100%.
The All India Consumer Price Index for Industrial Workers Base Year 2001=100, which was at 243, fell by 4 points to end up at 239. It again fell by 2 points to touch 237, thus dampening the expectations surrounding the next additional Dearness Allowance announcements. It looks highly unlikely that the AICPIN would rise by 4 points to return to its previous levels.
To calculate the additional DA for July 2014 based on your expected or desired AICPIN points, click the link given below:
We are of the opinion that there will not be much of a change in what we had said last time(Expected da from Jul 14 – Feb).
The table given below will easily explain you why…
Month/
Year
AICPIN
(IW) Base Year 2001=100
Increased/
Decreased Points
in AICPIN
Total Points Increased Total of 12 Months 12 Months Average % Increase over 115.763 Approximate DA Total DA % DA%
Increase Month wise
Jan-13 221 2 2535 211.25 95.49 82.49 82 2
Feb-13 223 2 2559 213.25 97.49 84.22 84 4
Mar-13 224 1 2582 215.17 99.41 85.87 85 5
Apr-13 226 2 2603 216.92 101.16 87.38 87 7
May-13 228 2 2625 218.75 102.99 88.97 88 8
Jun-13 231 3 12 2648 220.67 104.91 90.62 90 10
Jul-13 235 4 2671 222.58 106.82 92.28 92 2
Aug-13 237 2 2694 224.5 108.74 93.93 93 3
Sep-13 238 1 2717 226.42 110.66 95.59 95 5
Oct-13 241 3 2741 228.42 112.66 97.32 97 7
Nov-13 243 2 2766 230.5 114.74 99.12 99 9
Dec-13 239 -4 8 2786 232.17 116.41 100.56 100 10
Jan-14 237 -2 2802 233.5 117.74 101.71 101 1
Feb-14 238 1 2817 234.75 118.99 102.79 102 2
Mar-14 239 1 0 2832 236 120.24 103.86 103 3
Apr-14
May-14
Jun-14

 

‘Expected DA from July 2014’ completed its third step..!

Source: 90paisa.blogspot.in
[http://90paisa.blogspot.in/2014/05/expected-da-status-as-of-march-2014.html]

Be the first to comment - What do you think?  Posted by admin - May 22, 2014 at 4:46 pm

Categories: DA Over 50%, Dearness Allowance, Expected DA, Latest News   Tags: , , , , ,

Finmin Orders on DA applicable to employees drawing their pay in the pre-revised scale as per 5th CPC

Finmin Orders on DA applicable to employees drawing their pay in the pre-revised scale as per 5th CPC

Finmin Orders on  Rates of Dearness Allowance applicable w.e.f. 1.1.2014 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised scale as per 5th Central Pay Commission.

No.1(3)/2008-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 22nd April, 2014.

OFFICE MEMORANDUM

Subject: Rates of Dearness Allowance applicable w.e.f. 1.1.2014 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay In the pre-revised scale as per 5th Central Pay Commission.

The undersigned is directed to refer to this Department’s O.M. of even No. dated 7th October, 2013 revising the rates of Dearness Allowance in respect of employees of Central Government and Central Autonomous Bodies who continue to draw their pay and allowances in the pre-revised scales of pay as per 5th Central Pay Commission.

2. The rates of Dearness Allowance admissible to the above categories of employees of Central Government and Central Autonomous bodies shall be enhanced from the existing rate of 183% to 200% w.e.f. 1.1.2014. All other conditions as laid down in the O.M. of even number dated 3rd October, 2008 will continue to apply.

3. The contents of this Office Memorandum may also be brought to the notice of the organizations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay.

sd/-
(Subhash Chand)
Deputy Secretary to the Government of India

Source: www.finmin.nic.in
[http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/da_order_cab01012014.pdf]

 

Be the first to comment - What do you think?  Posted by admin - April 24, 2014 at 2:21 pm

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AICPIN FOR THE MONTH OF FEBRUARY 2014

AICPIN FOR THE MONTH OF FEBRUARY 2014

No. 5/1/2014-CPI

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004
DATED: the 31st March, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – February, 2014

The All-India CPI-IW for February, 2014 increased by 1 point and pegged at 238 (two hundred and thirty eight). On 1-month percentage change, it increased by 0.42 per cent between January, 2014 and February, 2014 when compared with the rise of 0.90 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Miscellaneous group contributing 0.34 percentage points to the total change. At item level, Rice, Wheat, Moong Dal, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Medicine, Barber Charges, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Arhar Dal, Groundnut Oil, Onion, Vegetable & Fruit items, Sugar, etc. putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 6.73 per cent for February, 2014 as compared to 7.24 per cent for the previous month and 12.06 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.56 per cent against 8.94 per cent of the previous month and 14.98 per cent during the corresponding month of the previous year.

At centre level, Quilon recorded the highest increase of 9 points followed by Tiruchirapally & Conoor (6 points each) and Lucknow (5 points). Among others, 4 points rise was registered in 3 centres, 3 points in 2 centres, 2 points in 8 centres and 1 point in 10 centres. On the contrary, Chhindwara reported a decline of 5 points followed by Rourkela & Ajmer (4 points each), 3 points decline was observed in 6 centres, 2 points in 10 centres and 1 point in 12 centres. Rest of the 20′ 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 index of CPI-IW for the month of March, 2014 will be released on Wednesday, 30 April, 2014. The same will also be available on the office website www.labourbureau,gov. in.

(S.S.NEGI)
DIRECTOR

Source: www.labourbureau,gov. in.

Be the first to comment - What do you think?  Posted by admin - April 1, 2014 at 11:20 am

Categories: AICPIN, Dearness Allowance, Employees News, Expected DA, Latest News   Tags: , , , , , ,

Expected DA from July 2014 – AICPIN for the month of Feb 2014

Expected DA from July 2014 – AICPIN for the month of Feb 2014

According to the press release of Labour Bureau, Consumer Price Index (Industrial Workers) for February 2014 increased by one point and pegged at 238 from the existing level of 237.

The detailed report of the index will be published soon.

Source: 7thpaycommisionnews.in

Be the first to comment - What do you think?  Posted by admin - at 11:15 am

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