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Wednesday, May 1, 2013

Expected DA from July, 2013 likely to be 90% after AICPIN of March, 2013

According the press release the the All-India CPI-IW for March, 2013 rose by 1 point and pegged at 224 (two hundred and twenty four).  This one point increase showing again showing confirm 9% increase in Dearness Allowance from July, 2013 same as last months' expectation.  But this months increase in AICPIN also increased the chances for DA hike from July, 2013 to be 10%.  Therefore Expected DA from July, 2013 may be 90% .  It is also more clear from following table:-

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
1 Nov-12 218 2490 207.50 79.25%
80%
1 Dec-12 219 2512 209.33 80.83%
2 Jan-13 221 2535 211.25 82.49% 82%
2 Feb-13 223 2559 213.25 84.22% 84%
1 Mar-13 224 2582 215.17 85.87% 85%
First

1 Apr-13 225 2602 216.83 87.31% 87%
1 May-13 226 2622 218.50 88.75% 88%
1 Jun-13 227 2641 220.08 90.12% 90%
Jul-13
Expected DA from July-2013
90%

Second

2 Apr-13 226 2603 216.92 87.38% 87%
2 May-13 228 2625 218.75 88.97% 88%
2 Jun-13 230 2647 220.58 90.55% 90%
Jul-13 Expected DA from July-2013 90%
Third 0 Apr-13 224 2601 216.75 87.24% 87%
0 May-13 224 2619 218.25 88.54% 88%
0 Jun-13 224 2635 219.58 89.69% 89%
Jul-13
Expected DA from July-2013
89%

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

PIB Release of CPI-IW


Press Information Bureau 
Government of India
Ministry of Labour & Employment 
30-April-2013 17:43 IST
Consumer price index numbers for industrial workers (CPI-IW) March 2013 

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for March, 2013 rose by 1 point and pegged at 224 (two hundred and twentyfour). On 1-month percentage change, it increased by 0.45 per cent between February and March compared with 1.01 per cent between the same two months a year ago. 

The largest upward contribution to the change in current index came from Food group which increased by 0.84 per cent, contributing 0.82 percentage points to the total change. This was followed by Miscellaneous group with 0.53 per cent increase contributing 0.26 percentage points to the change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Fish Fresh, Goat Meat, Vegetable Green & non-Leafy, Apple, Tea (Readymade), Firewood, Medicine (Allopathic), Private Tuition Fee, Bus Fare, Petrol, etc. However, this was compensated by Mustard Oil, Eggs (Hen), Poultry (Chicken), Onion, Potato and Sugar putting downward pressure on the index. 

The year-on-year inflation measured by monthly CPI-IW stood at 11.44 per cent for February, 2013 as compared to 12.06 per cent for the previous month and 8.65 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.21 per cent against 14.98 per cent of the previous month and 8.16 per cent during the corresponding month of the previous year. 

At centre level, Salem recorded the largest increase of 7 points followed by Sholapur and Quilon (6 points each). Among others, 5 points rise was registered in 4 centres, 4 points in 2 centres, 3 points in 4 centres, 2 points in 12 centres and 1 point in 18 centres. On the contrary, a decline of 2 points was reported in Jharia, Chennai, Siliguri, Mariani-Jorhat, Asansol and Kodarma and 1 point in 10 centres. Rest of the 19 centres’ indices remained stationary. 

The indices of 34 centres are above All-India Index and other 43 centres’ indices are below national average. The index of Ajmer centre remained at par with all-India index. The next index of CPI-IW for the month of April, 2013 will be released on Friday, 31 May, 2013. The same will also be available on the office website www.labourbureau.gov.in. 

*****

(Release ID :95353)

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1 comment:

  1. DA W E F 1-7-2013 IS 10% [ OLD DA 80+ DUE DA 10= TOTAL DA 90% ] GOVT OF INDIA & STATES KULDIP SINGH BHAKNA 098152-68496-M & 0183-2257420-R

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