Search News, Order, Rules etc. in more than 4700 articles type keywords and hit enter

Friday, August 30, 2013

4 point rise in July, 2013 ACPIN: DA for Jan, 2014 may reach 100%

100+percent+dearness+allowance
100% DA/DR from Jan, 2014
All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). According to this increase Dearness Allowance for Central Government Employees & Dearness Relief for CG Pensioner confirmed to be 98% from January, 2014.  This increase and present economic scenario are also indicating that the DA/DR for Jan, 2014 may reach 100%.  This time the DA/DR from July, 2013 is yet to be announced by govt and as per previous trend  it will be announced in third week of September, 2013. See following table for thee different situation to Expected DA/DR for Jan, 2014 :-

Expectation 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 Dec-12 219 2512 209.33 80.83% 80%

DA/DR from July, 2013 @ 90% is yet to be announced. 
2 Jan-13 221 2535 211.25 82.49% 90%
2 Feb-13 223 2559 213.25 84.22%
1 Mar-13 224 2582 215.17 85.87%
2 Apr-13 226 2603 216.92 87.38%
2 May-13 228 2625 218.75 88.97%
3 Jun-13 231 2648 220.67 90.62%
4 Jul-13 235 2671 222.58 92.28%
100%
1st Expection Min 2 point in two next month 2 Aug-13 237 2694 224.50 93.94%
2 Sep-13 239 2718 226.50 95.66%
0 Oct-13 239 2740 228.33 97.25%
0 Nov-13 239 2761 230.08 98.76%
0 Dec-13 239 2781 231.75 100.20%
Expected DA/DR from January, 2014
2nd Expectation minimum 1 point in every month and 2 point in any one month 1 Aug-13 236 2693 224.42 93.86% 100%
2 Sep-13 238 2716 226.33 95.52%
1 Oct-13 239 2738 228.17 97.10%
1 Nov-13 240 2760 230.00 98.69%
1 Dec-13 241 2782 231.83 100.27%
Expected DA/DR from January, 2014
3rd Expectation: Point 1 in every month 1 Aug-13 236 2693 224.42 93.86% 99%
1 Sep-13 237 2715 226.25 95.45%
1 Oct-13 238 2736 228.00 96.96%
1 Nov-13 239 2757 229.75 98.47%
1 Dec-13 240 2778 231.50 99.98%
Expected DA/DR from January, 2014

must read what will happen if DA reached 100%.


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-August-2013 17:38 IST
Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013 

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). On 1-month percentage change, it increased by 1.73 per cent between June and July compared with 1.92 per cent between the same two months a year ago. 

The largest upward pressure to the change in current index came from Food group contributing 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato & other Vegetables. Electricity Charges, Firewood, Bus Fare, Petrol, etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Primary and secondary School Fees putting downward pressure on the index. 

The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July, 2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year. 

At centre level, Giridih recorded the highest increase of 16 points each followed by Kodarma (11 points), Durgapur (10 points) and Jharia, Surat, Ghaziabad and Godavarikhani (9 points each). Among others, 8 points rise was registered in 7 centres, 7 points in 6 centres, 6 points in 10 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 6 centres, and 1 point in five centres. On the contrary, Faridabad reported a decline of 6 points followed by Madurai (5 points), Coonoor (3 points), Tiruchirapally (2 points) and 5 other centres by 1 point each. Rest of the 7 centres’ indices remained stationary. 

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

The next index of CPI-IW for the month of August, 2013 will be released on Monday, 30 September, 2013. The same will also be available on the office website www.labourbureau.gov.in. 

*****
Admin

No comments:

Post a Comment

Don't hesitate to express yourself. Please write your valuable comments.

* 7th Pay Commission – Estimated Pay Scales shows substantial increase in salary for CG Employees
* Projected 7th CPC Pay for each cadre/Post, Pension and all service matter: Submission of oral evidence by BPMS
* Expected Pension / Family Pension Table in 7th Pay Commission
* 7th Pay Commission will bring fortune for central government employees
* Decisions taken National Joint Council of Action meeting held on 16.02.2015 on 7th CPC, DA Merger issues
* Importance of other allowances in 7th CPC report
* Modi Government is set to big announcement on Budget in view of 7th Pay Commission Read more
* 7th CPC may recommend no increment for lazy central government employees
* Budget demand for Seventh Pay Commission Read more
* Expected DA DR from July 2015: AICPIN released for Feb, 2015
* Government refused interim relief and merger of dearness allowance, assured for 7th CPC report on time
* Meetings Schedule of 7th Pay Commission with Union/Association
* 7th Pay Commission is likely to seek extension, delay in report is expected
* What central government employees can expect from the 7th Pay Commission
* Proposal to 7th CPC: 3.7 multiplication factor, Minimum Wage of Rs.26000/-, 5% Increment rate, 5 promotions, HRA - 60%,40%,20%, Wage ratio 1:8, CEA for Higher Studies, Minimum Pension 67%
* 7th Pay commission may drop the Pay Band-Grade Pay System
* Budget: Government may relax LTC norms to boost tourism
* New Pension Scheme in Railways may be scrapped
* Pension can’t be less than 50% of pay: Supreme Court
* Guidelines for Educational Qualifications and Experience for framing/ amendment of Recruitment Rules
* Income Tax Exemption Limit in the Budget 2015-16
* Budget will decide actual date of implementation of 7th Pay Commission
* Seventh Pay Commission likely to submit report in October 2015
* Schedule for Admission in Kendriya Vidyalayas for the year 2015-16 Click for form & more
* Budget 2015: Income tax expectations for the salaried from PM Narendra Modi's government
*  Meeting by 7th CPC
* Latest on One Rank One Pension 
* Revised Railway Concessional Certificate Forms
Adhar Based Biometric Attendence System
Update on Bank Staff Wages Revision  
Usage of Other Bank's ATM: RBI Clarification
* Time to reform CGHS: An article  
* Pre-2006 Pensioner Case: Law Ministry's Advice
* Latest on Income Tax
* 7th CPC News   Terms of Reference  Composition  Demands
* Cadre Restructuring * Income Tax CBEC  * CAT Order
* Interim Relief   * Merger of DA  *  7th CPC Interim Report
* MACP on Promotional Hierarchy: Latest Update
* Pension Arrears from 01.01.2006 as per Court Order
* Frequently Asked Questions on Service Matters
* Job on Deputation/Absorption/Contract for Retired/Working
List of Gazetted/Restricted Holidays 2015
* One Rank One Pension Orders * Impact of DA Merger
Top Generated search terms/ keywords used by our visitors to  arrive in Central Government Employee News.
KeywordCount

Recent Comments