Expected DA from July 2014: AICPIN for Jan 14

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:-

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%
DA from
Jan, 2014
approved
by govt
finmin order
awaited
click here
Dec AICPIN
4 Jul,13 235 2671 222.58 92.28%
2 Aug,13 237 2694 224.50 93.94%
1 Sep,13 238 2717 226.42 95.59%
3 Oct,13 241 2741 228.42 97.32%
2 Nov,13 243 2766 230.50 99.12%
-4 Dec,13 239 2786 232.17 100.56%
100%
Jan AICPIN -2 Jan,14 237 2802 233.50 101.71%
Feb AICPIN 0 Feb,14 237 2816 234.67 102.72%
Mar AICPIN 0 Mar,14 237 2829 235.75 103.65%
Apr AICPIN 0 Apr,14 237 2840 236.67 104.45%
May AICPIN 0 May,14 237 2849 237.42 105.09%
Jun AICPIN 0 Jun,14 237 2855 237.92 105.53%
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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item
Central Government Employee News and Tools: Expected DA from July 2014: AICPIN for Jan 14
Expected DA from July 2014: AICPIN for Jan 14
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)
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