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 January, 2014 declined by 2 points and pegged at 237 (two hundred and thirty seven)
The Dearness Allowance from July-2014 as DA/DR from January, 2014 is to be paid to employees/pensioner. Release of additional installment of DA/DR effected from January, 2014 today approved by govt. and will be paid from Salary/Pension of March, 2014 means arrear and increased DA will be paid in April, 2014. On the other hand 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 January, 2014 declined by 2 points and pegged at 237 (two hundred and thirty seven). AICPI Number declined by 6 points in two months and this tendency is showing 4-5 percent increase in future DA/DR. April or May AICPIN will give confirm picture of expected DA/DR from July, 2014. Expectation of DA/DR for July, 2014 may understood with table is given below:-
or will be
|Expected DA/DR from January, 2014||105%|
, 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
28-February-2014 19:08 IST
Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237(two hundred and thirty Seven). On 1-month percentage change, it decreased by 0.84 per cent between December and January compared with the rise of 0.91 per cent between the same two months a year ago.
The largest downward pressure to the change in current index came from Food group contributing -2.78 percentage points to the total change. At item level, Groundnut Oil, Onion, Brinjal Cabbage, Carrot, Gourd, Palak, Peas, Potato, Tomato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Housing Index and the prices of Rice, Wheat, Fish Fresh, Goat Meat, Poultry, Cooking Gas, Electricity Charges, Petrol etc. putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 7.24 per cent for January, 2014, as compared to 9.13 per cent for the previous month and 11.62 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.94 per cent against 11.49 per cent of the previous month and 14.08 per cent during the corresponding month of the previous year.
At centre level, Bhilwara recorded the highest decline of 8 points each followed by Kodarma (7 Points), Bokaro and Surat (6 Points each), Varanasi and Munger Jamalpur (5 Points each). Among others, 4 points decrease was registered in 8 centres, 3 points in 13 centres, 2 points in 12 centres and 1points in 9 centres. On the contrary, Amritsar and Quilon centres reported an increase of 4 points followed by Jharia (3 points). Among others, 2 points increase was observed in 6 centres and 1 point in 7 centres. Rest of the 14 centres’ indices remained stationary.
The indices of 38 centres are above All-India Index and other 39 centres’ indices are below national average. The index of Bhilwara centre remained at par with all-India index.
The next index of CPI-IW for the month of February, 2014 will be released on Monday, 31 March, 2014. The same will also be available on the office website www.labourbureau.gov.in.
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