Expected DA/DR from January, 2014 – 100% or 101%


Expected DA/DR from January, 2014 – 100% or 101%


All-India CPI-IW for August, 2013 rose by 2 points and pegged at 237 (two hundred and thirty seven). According to this increase Dearness Allowance for Central Government Employees & Dearness Relief for CG Pensioner confirmed to be 100% from January, 2014.  This increase and present economic scenario are also indicating that the DA/DR for Jan, 2014 may cross 100%.  Total 8 points increase in AICPIN for next 3 months, DA will cross the 100% and DA from Jan, 2014 will be at 101%.  With this 2 point increase all the Central Government Employees and Pensioner will get another two digit increase in next half yearly continuously. See following table for thee different situation to Expected DA/DR for Jan, 2014 :-

Expectation
Increase/
Decrease
Index
Month
Base
Year
2001
=100
Total
of 12
Months
Twelve
monthly
Average
%
increase
over
115.76
for DA
DA/DR
announced
or will be
announced
1
Dec-12
219
2512
209.33
80.83%
80%
DA from
July, 2013
order has
been issued
by finmin
2
Jan-13
221
2535
211.25
82.49%
90%
2
Feb-13
223
2559
213.25
84.22%
1
Mar-13
224
2582
215.17
85.87%
2
Apr-13
226
2603
216.92
87.38%
2
May-13
228
2625
218.75
88.97%
3
Jun-13
231
2648
220.67
90.62%
4
Jul-13
235
2671
222.58
92.28%


2
Aug-13
237
2694
224.50
93.94%

1st
Expectation
Min 2 point
in any
coming
month
2
Sep-13
239
2718
226.50
95.66%
100%
0
Oct-13
239
2740
228.33
97.25%
0
Nov-13
239
2761
230.08
98.76%
0
Dec-13
239
2781
231.75
100.20%
Expected DA/DR from January, 2014
2nd
Expectation
minimum
1 point in
next 2
months
1
Sep-13
238
2717
226.42
95.59%
100%
1
Oct-13
239
2739
228.25
97.18%
0
Nov-13
239
2760
230.00
98.69%
0
Dec-13
239
2780
231.67
100.13%
Expected DA/DR from January, 2014
3rd
Expectation
Point 2 in
every month
or total 8
point
2
Sep-13
239
2718
226.50
95.66%
101%
2
Oct-13
241
2742
228.50
97.39%
2
Nov-13
243
2767
230.58
99.19%
2
Dec-13
245
2793
232.75
101.06%
Expected DA/DR from January, 2014


PIB Release of CPI-IW:

Press Information Bureau
Government of India
Ministry of Labour & Employment

01-October-2013 13:16 IST

Consumer Price index Numbers for Industrial Workers (CPI-IW) August 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for August, 2013 rose by 2 points and pegged at 237 (two hundred and thirty seven). On 1-month percentage change, it increased by 0.85 per cent between July and August compared with 0.94 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 1.58 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta,Goat Meat, Dairy Milk, Milk (Cow & Buffalo),Onions, Chillies Green, Tea (Readymade), Firewood, Doctors Fee, Private Tution Fee. Secendory School Books, Petrol, Tailoring Charges are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Fish, Fresh Vegetables and Fruit items, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 10.75 per cent for August, 2013 as compared to 10.85 per cent for the previous month and 10.31 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.91 per cent against 14.10 per cent of the previous month and 12.20 per cent during the corresponding month of the previous year.

At centre level, Chindwara recorded the highest increase of 8 points each followed by Jalpaiguri and Siliguri (7 points), Durgapur (10 points) and Ranchi, Hatia, Nagpur, Kolkata, Asansol and Tiruchirapally (6 points each). Among others, 5 points rise was registered in 8 centres, 4 points in 6 centres, 3 points in 12 centres, 2 points in 13 centres and 1 point in 19 centres. On the contrary, Goa reported a decline of 5 points followed by Ernakulam, Quilon and Surat (2 points each) and 3 other centres by 1 point each. Rest of the 6 centres’ indices remained stationary.

The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Tiruchirapally centre remained at par with all-India index.

The next index of CPI-IW for the month of September, 2013 will be released on Thursday, 31 October, 2013. The same will also be available on the office website www.labourbureau.gov.in.

Source: PIB via: Expected DA

{ 0 comments... read them below or add one }

Post a Comment