Search News, Order, Rules etc. in more than 5,000 articles type keywords and hit enter

Wednesday, January 1, 2014

Dearness Allowance from January-2014 may touch 101% in view of November, 2013 AICPIN

100+percent+dearness+allowance
100% DA/DR from Jan, 2014
As already mentioned and calculated in our previous post that Dearness Allowance from January-2014 may touch 101% 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 November, 2013 rose by 2 points and pegged at 243 (two hundred and forty three).  Now it is absolutely confirmed that expectation DA from Jan-2014 will not reduce from 100%.  As per increase and present economic scenario if AICPIN of Dec, 2014 will rose by by 3 or 4 points, Dearness Allowance from Jan, 2014 will computed at 101%.

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 from
July, 2013
order has
been issued
by finmin
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%
Jul AICPIN 4 Jul,13 235 2671 222.58 92.28%
Aug AICPIN 2 Aug,13 237 2694 224.50 93.94%
Sep AICPIN 1 Sep,13 238 2717 226.42 95.59%
Oct AICPIN 3 Oct,13 241 2741 228.42 97.32%
Nov AICPIN 2 Nov,13 243 2766 230.50 99.12%
1st
Expection
0 Dec,13 243 2790 232.50 100.85% 100%
Expected DA/DR from January, 2014
2nd
Expectation
1 Dec,13 244 2791 232.58 100.92% 100%
Expected DA/DR from January, 2014
3rd
Expectation
2 Dec,13 245 2792 232.67 100.99% 100%
Expected DA/DR from January, 2014
4th
Expectation
3 Dec,13 246 2793 232.75 101.06%
101%
Expected DA/DR from January, 2014

must read what will happen if DA reached 100%.


, you may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

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
31-December-2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243(two hundred and forty three). On 1-month percentage change, it increased by 0.83 per cent between October and November compared with 0.46 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 2.23 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta Milk, Pure Ghee, Garlic, Potato, Tomato and other vegetable items, Tea Readymade etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Fish Fresh, Poultry, Onion, Ginger, Electric Charges, Medicine (Allopathic), Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.47 per cent for November, 2013, as compared to 11.06 per cent for the previous month and 9.55 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 16.17 per cent against 15.02 per cent of the previous month and 10.85 per cent during the corresponding month of the previous year.

At centre level, Bokaro recorded the highest increase of 11 points each followed by Giridih, Kodarma and Angul-Talcher (9 points each), Munger-Jamalpur (8 points) and Rourkela, Sholapurand Raniganj (7 points each). Among others, 6 points rise was registered in 5 centres, 5 points in 5 centres, 4 points in 8 centres, 3 points in 15 centres, 2 points in 14 centres and 1 point in 12 centres. On the contrary, Surat centre reported a decline of 6 points followed by Amritsar, Bhavnagar and Vadodara (4 points each), Coonoor and Nagpur (2 points each) and Ahmedabad centre I point. Rest of the 4 centres’ indices remained stationary.

The indices of 40 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Tiruchirapally centre remained at par with all-India index.

The next index of CPI-IW for the month of December, 2013 will be released on Thursday, 31 January, 2014. The same will also be available on the office website www.labourbureau.gov.in.

*****

No comments:

Post a Comment

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

This Month's Popular Posts

Top Generated search terms/ keywords used by our visitors to  arrive in Central Government Employee News.
KeywordCount
* 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

All Time Popular Posts

Recent Comments