Dearness Allowance/Relief from July, 2014 will be 107%: June, 2014 AICPIN issued

Dearness Allowance/Relief from July, 2014 will be 107%: June, 2014 AICPIN
issued.

As already mentioned and calculated in previous post that

Expected DA from July 2014: AICPIN for May, 2014 – May be 107% is now
confirmed after issuance of 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
June, 2014 increased by 2 points and pegged at 246 (two hundred and forty Six).
 Additional increment of @ 7% in  DA/DR from July, 2014 may be approved in
the month of September, 2014.  The final chart for updated calculation for
DA/DR is given below:-

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]

Consumer Price Index for Industrial Workers (CPI-IW) June, 2014

The All-India CPI-1W for June, 2014 increased by 2 points and pegged at 246(two hundred and forty six). On 1-month percentage change. it increased by 0.82 percent between May, 2014 and June, 2014 when compared with the rise of 1.32 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 1.37 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Poultry Chicken, Milk, Onion, Potato, Tomato and other vegetables, Sugar, Cigarette. Electricity Charges, Bus Fare. Barber & Tailoring Charges. Toilet Soap, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Wheat & Wheat Alla, Edible Oils, Fruits, Soft Coke. Medicine (Allopathic), etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-1W stood ai 6.49 percent for June, 2014 as compared to 7.02 per cent for the previous month and 11.06 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.88 per cent against 7.66 per cent of the previous month and 14.86 per cent during the corresponding month of the previous year.

At centre level, Goa. Mudurai. Vishakhapathnarn. Ilengluru and Kodarma recorded the maximum increase of 6 points each followed by Ahmedabad and Hubli Dharwar (5 points each). Among others. 4 points rise was observed in 8 centres. 3 points in 11 centres. 2 points in 16 centres and 1 point in another 16 centres. On the contrary, a decline of 8 points was reported in Giridih, 2 points each in Yamunanagar and Sholapur and 1 point in 5 centres. Indices of’remaining 12 centres experienced no change.

The indices of’ 36 centres are above and other 42 centres are below national average.

The next index of CPI-IW for the month of July,2014 will be released on Friday. 29 August. 2014. The same will also be available, on the office website www.labourburea.gov. in.