EXPECTED DA – DA FROM JULY 2012 WILL BE 72%

EXPECTED DA FROM JULY 2012 :- We expect the dearness allowance from the month of July, 2012 may stand at 72%.

As per the statistics of All India Consumer Price Index Numbers released by the Labour Bureau for the month of April 2012, the expected dearness allowance calculation turned to steep. The index raised by four points due to price hike of essential commodities in last month across the nation. By the way for next month index also will be the same, because the fuel prices increased more. At this moment, the calculation of dearness allowance is estimated to be 72%, i.e. central staff and pensioners may be enhanced from the existing rate of 65% to 72% with effect from July 2012.

The below table denotes the calculation for the month of Aril 2012…