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Sunday, 1 June 2014

AICPIN FOR APRIL 2014 – EXPECTED DA JULY 2014 – 4th STEP COMPLETED

AICPIN FOR APRIL 2014 – EXPECTED DA JULY 2014 – 4th STEP COMPLETED

As per the press release of Labour Bureau, All India Consumer Price Index (Industrial workers Base Year 2001=100) for  the month of April, 2014 increased by three points from 239 to 242.

According to the hike of index for the month of April 14, the Expected DA from July 2014 is also increased by two percent from 3 to 5…

The below table is clearly indicate the movement of AICPIN with increasing additional Dearness allowance month wise…


AICPIN for the month of April 2014 begged at 242

Month/
Year
AICPIN (IW)
Base Year
2001=100
Increased/
Decreased
Points in
AICPIN
Total Points
Increased
Total of
12 Months
12 Months
Average
% Increase
over 115.763
Approximate
DA
Total DA % DA% Increase
Month wise
Jan-14 237 -2
2802 233.5 117.74 101.71 101 1
Feb-14 238 1
2817 234.75 118.99 102.79 102 2
Mar-14 239 1
2832 236 120.24 103.86 103 3
Apr-14 242 3 3 2848 237.33 121.57 105.02 105 5
 
Each month, the Central Government announces the AICPIN points based on prices and inflation. It is based on these points that the Dearness Allowance is calculated. A new calculator has been created that calculates the Dearness Allowance based on the AICPIN point given by the user. When you type in your anticipated AICPIN point for the following month at the ENTER VALUE field, the calculator will show you the change in Dearness Allowance.
 
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