HomeDearness Allowance

Expected DA from July, 2013 will be 90%: Hike in future DA – 10% now confirmed after May, 2013 AICPIN

According the press release the All-India CPI-IW for April, 2013 rose by 2 points and pegged at 226 (two hundred and twenty
six).  This two point increase confirmed 10% increase in Dearness Allowance from July, 2013 as already expected on this site click here to see.  Therefore DA from July, 2013 will be 90% and will be announced in September or October in this year.  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%
2 Apr-13 226 2603 216.92 87.38% 87%
First 1 May-13 227 2624 218.67 88.90% 88%
1 Jun-13 228 2644 220.33 90.34% 90%
Jul-13 Expected DA from July-2013 90%
Second 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 May-13 226 2623 218.58 88.82% 88%
0 Jun-13 226 2641 220.08 90.12% 90%
Jul-13 Expected DA from July-2013 90%

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-May-2013 18:07 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW) April 2013

                According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for April, 2013 rose by 2 point and pegged at 226 (two hundred and twenty six). On 1-month percentage change, it increased by 0.89 per cent between March and April  compared with 1.99 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 2.08 per cent, contributing 2.07 percentage points to the total change. This was followed by Fuel & Light group with 0.91 percent increase contributing 0.12 percentage points to the change.  At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Arhar Dal, Milk (Cow), Ginger, Root & Green Non-leafy vegetables, Tea Leaf, Tea (Readymade), Snack Saltish, Cigaratte, Electricity Charges, Medicine (Allopathic) etc. However, this was  compensated by Mustard Oil and Petrol putting downward pressure on the index. 
                The year-on-year inflation measured by monthly CPI-IW stood at 10.24 per cent for April, 2013 as compared to 11.44 per cent for the previous month and 10.22  per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 12.39 per cent against 13.21 per cent of the previous month and 10.66 per cent during the corresponding month of the previous year. 
                At centre level, Mysore recorded the largest increase of 13 points followed by Giridih, Bengaluru  and Puducherry (8 points each) and Darjeeling (7 points). Among others, 6 points rise was registered in 6 centres, 5 points in 2 centres, 4 points in 7 centres, 3 points in 15 centres, 2 points in 17 centres and  and 1 point in 13 centres. On the contrary, a decline of 4 points was reported in  Godavarikhani, 2 points in 4 centres and 1 point in one centre. Rest of the  7 centresโ€™ indices remained stationary. 
                The indices of 40 centres are above All-India Index and other 35 centresโ€™ indices are below national average. The index of  Chandigarh, Haldia and Ahmedabad centres remained at par with all-India index. 
                The next index of CPI-IW for the month of May, 2013 will be released on Friday, 28 June, 2013. The same will also be available on the office website www.labourbureau.gov.in.

*****

(Release ID :96347)

Stay connected with us via Facebook, Google+ or Email Subscription.

Subscribe to Central Government Employee News & Tools by Email [Click Here]
Follow us: Twitter [click here] | Facebook [click here] Google+ [click here]
Admin

COMMENTS

WORDPRESS: 0