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Friday, February 1, 2013

Expected DA from January, 2013 calculated to 80% (8% increase) after 1 point increase December,2012 AICPIN(IW)


After releasing of All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for December, 2012 and in view of 1 point increase in index the expectation of future Dearness Allowance from January, 2013 is now ended up here with 80% i.e. 8% increase in declared dearness allowance for Central Government Employees w.e.f. July, 2012   Standard Calculation of Expected DA from January, 2013 is given below:- 

If it is expected from 1 to 3 points increase in this index for December, 2012 the Dearness Allowance for Central Government Employee will confirm 80% in January, 2013:


Expect-ation
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


Jul-12
212
2414
201.17
73.78%
72%

2
Aug-12
214
2434
202.83
75.22%
80%

1
Sep-12
215
2452
204.33
76.51%

2
Oct-12
217
2471
205.92
77.88%

1
Nov-12
218
2490
207.50
79.25%
1st
1
Dec-12
219
2512
209.33
80.83%









This increase will be effected from January, 2013 and may be notified by Govt. in March, 2013.  The arrears of difference of DA from Jan, 2013 to March, 2013 will be paid in April, 2013 as usual

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

PIB Release:

Ministry of Labour & Employment 31-January, 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2012 

The All-India CPI-IW for December, 2012 rose by 1 point and pegged at 219 (two hundred and nineteen). On 1-month percentage change, it increased by 0.46 per cent between .November and December compared with (–)1.01 per cent between the same two months a year ago.

The largest upward contribution to the change in current index came from Miscellaneous Group which increased by 1.08 per cent, contributing 0.49 percentage points to the total change. This was followed by Clothing, Bedding & Footwear and Fuel & Light groups with 1.17 and 0.92 percent respectively contributing 0.13 and 0.10 percentage points to the change. At item level , largest upward pressure came from Rice, Wheat Atta, Groundnut oil, Fish Fresh, Goat Meat, Poultry (Chicken), Onion, Tea (Leaf), Tea (readymade),Electricity charges, Firewood, Sweater, E.S.I. contribution, Medicine (Allopathic), Private Tution Fees, us fare, Flower/ Flower Garlands, Tailoring Charges, etc.

The largest downward contribution to the change in current index came from Vegetables & Fruits with a decline of (-) 8.33 per cent contributing (-) 1.21 percentage points to the total change.

The year-on-year inflation measured by monthly CPI-IW stood at 11.17 per cent for December, 2012 as compared to 9.55 per cent for the previous month and 6.49 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.53 per cent against 10.85 per cent of the previous month and 1.97 per cent during the corresponding month of the previous year.

At centre level, Hubli Dharwar recorded the largest increase of 10 points followed by Quilon (8 points) and Mundalakkayam and Ernaculam (7 points each) and Mysore (5 points). Among others, 4 per cent rise was registered in 2 centres, 3 points in one centre, 2 points in 11 centres and one point in 12 centres. Doom Dooma Tinsukiya centre reported a decline of 5 points followed by Jalpaiguri and Faridabad 4 points each. Among others 6 centres registered a fall of 3 points, 11 centres registered a fall of 2 points and 13 centres registered a fall of 1 point. Rest of the 14 centres indices remained stationary.

The indices of 37 centres are above All-India Index and other 37 centres’ indices are below national average. The indices of Jabalpur, Bengaluru, Chandigarh and Haldiya remained at par with all-India index.

The next index of CPI-IW for the month of January, 2013 will be released on Thursday, February 28, 2013 and will be uploaded on the office website www.labourbureau.nic.in on the same day.

*****


ST/-
(Release ID :91936)

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2 comments:

  1. primary teacher pay scale in 6cpc

    ReplyDelete
  2. As per latest labour bureau indications, Expected DA w.e.f. 1.7.2013 is not below 9%. Upto January,2013, it is 82.58%.

    ReplyDelete

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