AICPIN for June 2013, confirmed 90% DA from July 2013 and also indicates 7% minimum increase in Jan-2014
All-India CPI-IW for June, 2013 rose by 3 points and pegged at 231 (two hundred and thirty eight) and expected Dearness Allowance due from July, 2013 is unchanged in respect of previous month expectation of 90% means 10% increase in present DA. See following table:-
Therefore DA from July, 2013 will be 90% and will be announced in September or October in this year.
This 3 point increase in June, 13 AICPIN has also confirmed minimum 7% increase in Dearness Allowance in Jan-2014. Next two months’ AICPIN will give exact figure of expected DA. This time calculation says that if no any increase occurred in next 6 months in AICPIN the 7% increase in expected DA of Jan-2014 is confirm. See second table below:-
Now the above table and growth trends in AICPIN and inflation also indicates 100% DA from Jan-2014 and 25% increase in allowance.
DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF
Source: PIB copied from http://www.centralgovernmentnews.com/aicpin-for-june-2013-confirmed-90-da-from-july-2013-and-also-indicates-7-minimum-increase-in-jan-2014/
All-India CPI-IW for June, 2013 rose by 3 points and pegged at 231 (two hundred and thirty eight) and expected Dearness Allowance due from July, 2013 is unchanged in respect of previous month expectation of 90% means 10% increase in present DA. See following table:-
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 |
1 | Nov-12 | 218 | 2490 | 207.50 | 79.25% | 80% |
1 | Dec-12 | 219 | 2512 | 209.33 | 80.83% | |
2 | Jan-13 | 221 | 2535 | 211.25 | 82.49% | 82% |
2 | Feb-13 | 223 | 2559 | 213.25 | 84.22% | 84% |
1 | Mar-13 | 224 | 2582 | 215.17 | 85.87% | 85% |
2 | Apr-13 | 226 | 2603 | 216.92 | 87.38% | 87% |
2 | May-13 | 228 | 2625 | 218.75 | 88.97% | 88% |
3 | Jun-13 | 228 | 2645 | 220.42 | 90.41% | 90% |
Jul-13 | Expected DA from July-2013 | 90% |
Therefore DA from July, 2013 will be 90% and will be announced in September or October in this year.
This 3 point increase in June, 13 AICPIN has also confirmed minimum 7% increase in Dearness Allowance in Jan-2014. Next two months’ AICPIN will give exact figure of expected DA. This time calculation says that if no any increase occurred in next 6 months in AICPIN the 7% increase in expected DA of Jan-2014 is confirm. See second table below:-
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 |
2 | May-13 | 228 | 2625 | 218.75 | 88.97% | 88% |
3 | Jun-13 | 231 | 2648 | 220.67 | 90.62% | 90% |
0 | Jul-13 | 231 | 2667 | 222.25 | 91.99% | 91% |
0 | Aug-13 | 231 | 2684 | 223.67 | 93.22% | 93% |
0 | Sep-13 | 231 | 2700 | 225.00 | 94.37% | 94% |
0 | Oct-13 | 231 | 2714 | 226.17 | 95.38% | 95% |
0 | Nov-13 | 231 | 2727 | 227.25 | 96.31% | 96% |
0 | Dec-13 | 231 | 2739 | 228.25 | 97.18% | 97% |
Jan-14 |
Expected DA from Jan-2014
|
97% |
Now the above table and growth trends in AICPIN and inflation also indicates 100% DA from Jan-2014 and 25% increase in allowance.
DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF
Source: PIB copied from http://www.centralgovernmentnews.com/aicpin-for-june-2013-confirmed-90-da-from-july-2013-and-also-indicates-7-minimum-increase-in-jan-2014/
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