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Tuesday, July 31, 2012

Expected DA from July, 2012 will be 7% after AICPIN of June, 2012 - Download Excel Sheet

As repeatedly mentioned and calculated in our previous posts that Dearness Allowance from July-2012 will be 72% now confirmed 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
June, 2012 increased by 2 points and stood at 208 (Two hundred & eight).  Now according to AICPIN DA from July-2012 will be 72% i.e. increase of 7% from 65% to 72%.  

As per standard calculation shown below we may wait for formal announcement of increase in Dearness allowance paid to Central Government Employee and Dearness Relief for Central Government Pensioner in mid October, 2012 means after September, 2012.  The arrears of Dearness Allowance for the month of July-2012, August-2012 and September-2012 may be drawn in October, 2012. 


Expected Dearness Allowance DA for July, 2012 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76



Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA announced or will be announced
Aug-11
194
2234
186.17
60.82%
65%
Sep-11
197
2252
187.67
62.12%
Oct-11
198
2269
189.08
63.34%
Nov-11
199
2286
190.50
64.56%
Dec-11
197
2298
191.50
65.43%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
208
2395
199.58
72.41%
Jul-12
Expected DA from Jul-2012

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF

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6 comments:

  1. The race between price rise of essential items

    on one hand and DA increase on the other goes on

    unabated. How long this can continue and at what cost. The solution lies in containing the cost
    and bringing down inflatioary pressuresrather than merely increasing DA.

    ReplyDelete
  2. The race between price rise of essential items

    on one hand and DA increase on the other goes on

    unabated. How long this can continue and at what cost. The solution lies in containing the cost
    and bringing down inflatioary pressuresrather than merely increasing DA.

    ReplyDelete
  3. when DA will go beyond 100% in sixth pay commission,what will happen

    ReplyDelete
    Replies
    1. The DA had gone beyond 160% in 1996 ,no worry pay commission will have to come to your rescue ,The HQ's sould be preparing for it otherwise same things will happen as in case 6th PC

      Delete
  4. Please give complete details about the NPS.

    ReplyDelete
  5. Will not be possible for the government to control the price?
    They should think of reducing the unnecessary expenses on Government
    Offices which will curtail the expenditure to the government.

    The government should not stock food items like wheat,rice etc, and allow
    them to become rotten.Instead they can allow to all ration card holders.The
    price will be low when supply is more in the market.

    To avoid fuel consumption all MPs and Ministers(Including P.M.) can
    use one single buses for for 40 nos.for attending sessions. This will save a lot.

    Though economy instructions issued for maintaining economy no body
    will monitor this after financial year close.It will be more always.This
    should be avoided. like wise many more measure can be taken.

    Raajendra

    ReplyDelete

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