Dearness Allowance/Relief from January, 2014 will be 100%: December, 2013 AICPIN issued

Dearness Allowance/Relief from January, 2014 will be 100%: December, 2013 AICPIN issued

As already mentioned and calculated in our previous post that Dearness Allowance from January-2014 will be 100% now continued in view of All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for the month of December, 2013 declined by 4 points and pegged at 239 (two hundred and thirty nine).  Now it is absolutely confirmed that Dearness Allowance for Central Govt Employee & Dearness Relief for Central Govt Pensioner from Jan-2014 will be 100%. Decline in AICPIN of Dec, 2013 vanished the expectation of crossing the DA from 100%.  The final chart for calculation for DA/DR is given below:-

PIB Release of CPI-IW:

Press Information Bureau
Government of India
Ministry of Labour & Employment

31-January, 2014

Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239(two hundred and thirty nine). On 1-month percentage change, it decreased by 1.65 per cent between November and December compared with the rise of 0.46 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 -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013, as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year.

At centre level, Giridih recorded the highest decline of 12 points each followed by Ahmedabad, Chhindwara, Varanasi, Munger, Jamalpur, Nagpur and Bhavnagar (10 points each).Jamshedpur (09 points), Rourkela, Ludhiana, Tripura and Angul Talcher (08 points each) Among others, 7 points decrease was registered in 9 centres, 6 points in 8 centres, 5 points in 11 centres, 4 points in 8 centres, 3 points in 7 centres, 2 points in 9 centres and 1 point in 7 centres. On the contrary, Sholapur centre reported an increase of 4 points followed by Puducherry (2 points), Coimbatore and Srinagar centres 1 point each. Rest of the 3 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Varanasi and Vijaywada centre remained at par with all-India index.

The next index of CPI-IW for the month of January, 2014 will be released on Friday, 28 February, 2014. The same will also be available on the official website www.labourbureau.gov.in.

via: karnmk.blogspot.in