Expected DA from July 2021 almost be 31% subject to non-reduction in next month AICPIN
The Labour Bureau has publishes the All India Consumer Price Index for Industrial Workers (AI CPI-IW) for the month of April 2021. The index increased by 0.5 points and stood at 120.1 (one hundred twenty and point one). On 1-month percentage change, it increased by 0.42 per cent with respect to previous month whereas there was a decline of 0.92 per cent between corresponding months a year ago. View: Expected DA – AICPIN for the month of April 2021 increased by 0.5 points and stood at 120.1
The maximum upward pressure in current index came from Food & Beverages group contributing 0.43 percentage points to the total change.
DA from July, 2021 almost be 31% if next month AICPIN will not be reduced.
The increase is a minor one but giving considerable impact on expected Dearness Allowance, the CPI-IW upto the month of April 2021 is using for the calculation of the Dearness Allowance from July 2021 and two 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. Following table is showing that DA/DR from July, 2021 is expected to be 31%. If next months CPI (IW) will reduce to more than 0.2 points be less than 119.9 point the DA/DR from July, 2021 can be stop at 30%. With this four months figure it is now clear that rate of DA from July, 2021 almost be 31%. View: Expected DA from July 2021 not be less than 30% and more than 31%
Expected DA from July 2021 – Dearness Allowance almost be 31%: 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|
Table of 7th Central Pay Commission Dearness Allowance announced or computed
|CPI (IW) Base Year 2016 = 100||CPI (IW) Base Year 2001 = 100||7CPC DA announced or computed|