Expected DA from July 2021 likely around 30% or 31% as CPI-IW of Jan 2021 drops by 0.6 points

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Expected DA from July 2021 likely around 30% or 31% as CPI-IW of Jan 2021 drops by 0.6 points

Expected DA from July 2021 likely around 30% or 31% as CPI-IW of Jan 2021 drops by 0.6 points The Labour Bureau has publishes the All India Consumer

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Expected DA – AICPIN for the month of May, 2020 increased by 1 points

Expected DA from July 2021 likely around 30% or 31% as CPI-IW of Jan 2021 drops by 0.6 points

The Labour Bureau has publishes the All India Consumer Price Index for Industrial Workers (AI CPI-IW) for the month of January 2021. The index decreased by 0.6 points and stood at 118.2 (one hundred eighteen and point two). On 1-month percentage change, it decreased by 0.51 with respect to the previous month whereas no change was observed between corresponding months a year ago. The figure for the previous month had also seen a decrease by 1.1 points.

View: Expected DA – AICPIN for the month of January 2021 decreased by 0.6 points and stood at 118.2

The decrease in the index is mainly contributed by the decrease in the prices of items in the basket under the Food & Beverages group. The contributors are Rice, Wheat Atta, Arhar Dal, Poultry (Chicken), Eggs-Hen, Banana, Brinjal, Cabbage, Carrot, Cauliflower, Chilies Green, Garlic, Ginger, Onion, Peas, Potato, Tomato etc.

The reduction is a minor one and will not impact the Dearness Allowance considerably, The CPI-IW for the month of January 2021 will be used for the calculation of the Dearness Allowance from July 2021 and five more figures are required for this. The government has frozen the DA till June 2021. Hence it is expected that the Hike DA will be available from the month of July 2021 or even earlier. Read: Dearness Allowance de-freezing as Holy Bonanza?It is too early to comment on DA from July 2021 as only 7 of the 12 indices are available. A rough estimation suggests it will be somewhere around 30% to 31%

Expected DA from July 2021 – Dearness Allowance 30%: Table by staffnews.in

Expected DA from July, 2021 – Table by staffnews.in
Month Base Year 2001 = 100 Base Year 2001 = 100 Total of 12 Months Twelve monthly Average % increase over 115.76 for 6CPC DA % increase over 261.42 for 7CPC DA 7CPC DA announced or computed
Aug,19 320 3710 309.17 167.08% 18.26%  
Sep,19 322 3731 310.92 168.59% 18.93%  
Oct,19 325 3754 312.83 170.24% 19.67%  
Nov,19 328 3780 315.00 172.11% 20.50%  
Dec,19 330 3809 317.42 174.20% 21.42% 21%
Jan,20 330 3832 319.33 175.86% 22.15%  
Feb,20 328 3853 321.08 177.37% 22.82%  
Mar,20 326 3870 322.50 178.59% 23.36%  
Apr,20 329 3887 323.92 179.82% 23.91%  
May,20 330 3903 325.25 180.97% 24.42%  
Jun,20 332 3919 326.58 182.12% 24.93% 24%
Jul,20 336 3936 328.00 183.34% 25.47%  
Aug,20 338 3954 329.50 184.64% 26.04%  
Sep,20 118.1 340 3972 331.00 185.94% 26.62%  
Oct,20 119.5 344 3991 332.58 187.30% 27.22%  
Nov,20 119.9 345 4008 334.00 188.53% 27.76%  
Dec,20 118.8 342 4020 335.00 189.39% 28.15% 28%
Jan,21 118.2 340 4030 335.83 190.11% 28.47%  
Feb,21 118.2 340 4042 336.83 190.98% 28.85%  
Mar,21 118.2 340 4056 338.00 191.98% 29.29%  
Apr,21 118.2 340 4067 338.92 192.78% 29.64%  
May,21 118.2 340 4077 339.75 193.50% 29.96%  
Jun,21 118.2 340 4085 340.42 194.07% 30.22%  
Jul,21 118.2 340 4089 340.75 194.36% 30.35% 30%

Table of 7th Central Pay Commission Dearness Allowance  announced or computed

Month

CPI (IW) Base Year 2016 = 100 CPI (IW) Base Year 2001 = 100 7CPC DA announced or computed

Jan,16

269 0%
Jul,16 280

2%

Jan,17

274 4%
Jul,17 285

5%

Jan,18

288 7%
Jul,18 301

9%

Jan,19

307 12%
Jul,19 319

17%

Jan,20

330 21%
Jul,20 336

24%

Jan,21

118.2 340

28%

Jul,21 118.2 340

30%

expected-da-from-july-2021-likely-around-30-or-31

COMMENTS

WORDPRESS: 1
  • M. Mukherjee 4 months ago

    D.A for West Bengal govt employees from July is not declared clearly in all newspapers. Is D.A not finalized. It should be declared clearly before July.