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 |
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 4 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:
Press Release of CPI-IW for May, 2014:
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Consumer Price Index for Industrial Workers (CPHW) – May, 2014
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.
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.
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.
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
2 centres, 2 points in 1 centre and 1 point in 7 centres. Indices of remaining 9
centres observed no change.
index.
Source: http://labourbureau.gov.in/Press_IW_MAY2014.pdf
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COMMENTS
DA should be given in three slabs ie higher rate for lower paid and lower rate for higher paid.