HomeDearness Allowance

Expected DA from July 2014: AICPIN for May, 2014 – May be 107%.

expected+da+july+2014+march+aicpin

Expected DA/DR from July, 2014 after May, 2014 AICPIN may be 107%.

Estimation of Dearness Allowance/Dearness Relief expected from July, 2014 on the basis of
May, 2014 AICPIN is in last step. After

3 points increase in last month
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
May, 2014 increased by 2 points and pegged at 244 (two hundred and forty Four).
 2 points increase in Index has giving now DA/DR may be 107% from July, 2014
with 7% increase.  Only more than 2 point unexpected decline in next months’ AICPIN will
stop DA/DR increase upto 106%.

Expectation of DA/DR for July, 2014 may
analyzed 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
3 Jun,13 231 2648 220.67 90.62%
90%
DA from
Jan, 2014
Orders

DR Order

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
1 Feb,14 238 2817 234.75 102.79%
Mar+AICPIN 1 Mar,14 239 2832 236.00 103.87%
Apr+AICPIN 3 Apr,14 242 2848 237.33 106.03%
May+AICPIN 2 May,14 244 2864 238.67 106.17%
Expectation
for
107% –
from (-)1 to
points 
increase
decrease
in 
AICPIN 
0
Jun,14
244
2877
239.75
107.11%
107%
1
Jun,14
245
2878
239.83
107.18%
2
Jun,14
246
2879
239.92
107.25%
3
Jun,14
247
2880
240.00
107.33%
4
Jun,14
248
2881
240.08
107.40%
-1
Jun,14
243
2876
239.67
107.04%
Expected DA/DR from July, 2014
for

106%
-2 Jun,14 242 2875 239.58 106.97% 106%
Expected DA/DR from July, 2014

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]

Press Release of CPI-IW for May, 2014:

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004
DATED: the 30th June, 2014
Press Release


Consumer Price Index for Industrial Workers (CPHW) – May, 2014

The A1l-India CP1-IW for May, 2014 increased by 2 points and pegged at 244 (two hundred and forty four). On 1-month percentage change, it increased by 0.83
per 
cent between April, 2014 and May, 2014 when compared with the rise of 0.88 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 1.65 percentage points to the total change. At item level,
Rice, 
Coconut Oil, Fish Fresh, Poultry, Milk, Onion, Vegetables & Fruits, Sugar,
Cigarette, 
Electricity Charges, etc. are responsible for the increase in index. However,
this 
increase was restricted to some extent by Petrol putting downward pressure on
the 
index.

The year-on-year inflation measured by monthly CPHW stood at 7.02 per cent for May, 2014 as compared to 7.08 per cent for the previous month and 10.68 per
cent 
during the corresponding month of the previous year. Similarly, the Food
inflation 
stood at 7.66 per cent against 7.76 per cent of the previous month and 13.24 per
cent 
during the corresponding month of the previous year.

At centre level, Coimbatore recorded the maximum increase of 9 points followed by Bhavnagar (7 points) and Amritsar, Mercara and Tiruchirapally (6
points 
each). Among others, 5 points rise was registered in 7 centres, 4 points in 1 1
centres, 3 
points in 13 centres, 2 points in 1 1 centres and 1 point in 10 centres. On the
contrary, a 
decline of 5 points was reported in Giridih, 4 points in Chhindwara, 3 points in
centres, 2 points in 1 centre and 1 point in 7 centres. Indices of remaining 9
centres 
observed no change.

The indices of 35 centres are above and other 41 centres are below national average. The index of Vishakhapathnam and Chandigarh is at par with all-India
index.

The next index of CPHW for the month of June, 2014 will be released on Thursday, 31 July, 2014. The same will also be available on the office website www. labourbureau.gov.in.

(S.S. NEGI)
DIRECTOR

Source: http://labourbureau.gov.in/Press_IW_MAY2014.pdf

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COMMENTS

WORDPRESS: 1
  • Anonymous 8 years ago

    DA should be given in three slabs ie higher rate for lower paid and lower rate for higher paid.