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Monday, September 3, 2012

Expected DA from January 2013 will be more than 80%

Expectation of future Dearness Allowance from January, 2013 before formal announcement of DA from July, 2013 is not fair. But 4 points jump in CPI-IW for the month of July, 2012 giving expectation for DA 80% or more from January 2013.

All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for July, 2012 showing increase in 4 points and stood at 212 (Two hundred & twelve). If we expect only 1 point increase in this index for every month the Dearness Allowance for Central Government Employee will touch 80% in January, 2013. In view of draught, petro price etc. we expect more monthly increase in Index and similarly in future DA. Please go through the following calculation:-

Expected Dearness Allowance DA for Jan, 2013 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76



Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for  DA
DA announced or will be announced
Dec-11
197
2298
191.50
65.43%
65%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
208
2395
199.58
72.41%
Jul-12
212
2414
201.17
73.78%
Aug-12
213
2433
202.75
75.15%
80%
Sep-12
214
2450
204.17
76.37%
Oct-12
215
2467
205.58
77.59%
Nov-12
216
2484
207.00
78.82%
Dec-12
217
2504
208.67
80.26%
Jan-13
Expected DA from January, 2013

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

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7 comments:

  1. U R doing good job by providing us such great and current news

    ReplyDelete
  2. Thanks to Defence Cdr president P MUKHAR G
    Congratulation to all Ex service personals.

    ReplyDelete
  3. Dear Sir

    I want to know about Increment . If a Person join as fresh recruitment on 13 Jan 2006 then when he will get first increment is it on 01 july2007 or any, please let me know the same or any order related to it . replay me shashi_109@yahoo.com

    S. P. Singh

    ReplyDelete
  4. Dear Sir

    I want to know about Increment . If a Person join as fresh recruitment on 13 Jan 2006 then when he will get first increment is it on 01 july2007 or any, please let me know the same or any order related to it . replay me shashi_109@yahoo.com

    S. P. Singh

    ReplyDelete
  5. its depend on which emplyer u r?all have there own policy.as a banker u will be eligible frim jan for first increame.t

    ReplyDelete

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