Expected DA for January 2015 – DA Hike Almost Decided..!

Expected DA for January 2015 – DA Hike Almost Decided..!

Until the 6th CPC, the Dearness Allowance didn’t increase by more than 1 or 2%. It was only after the 6th Pay Commission that it began to increase substantially. With the skyrocketing prices of essential commodities, Dearness Allowance too began to rise. Twice, it touched double digits. In July 2013 and Jan 2014, within 12 months the DA has leapt on to the 100%. We cannot forget that the each installment gave 10%. Then, it slumped.

Dearness Allowance, which is given once every six months, is likely to be 6% hike from January 2015. This is 1% less than the previous hike of additional DA from July 2014. The total DA from Jan 2015 will become 113%.

As soon as the first instalment is confirmed, expectations will start growing about the second installment, i.e., ‘Expected Da from July 2015‘. The second instalment of the year will cover the months between July and December 2015. This will be the last time that the DA hike will be calculated based on the method recommended by the 6th Pay Commission. DA of 2016 will be calculated based on the recommendations made by the 7th Pay Commission.

7th Pay Commission on DA Calculation..? Is there any possible to change in the method of calculation..?
First, we have to know about the calculation of Dearness Allowance…

How DA is calculated..?
Month Year /  CPI(IW) BY 2001=100 / Total / Average / App. DA / DA%

First is the month and year. Then the CPI (IW) Base Year 2001=100 and the relevant data. In the next column, you have the sum total of all the 12 months, i.e., the total of the declared AIPCIN numbers for the past 12 months. Next comes the division of the sum total by 12.

The next step is the most crucial one. You will have to find out by how much it exceeds 115.76. You will have to calculate the excess as percentage of 115.76.

(12 Monthly Average) – 115.76
————————————————–  X  100 = Percentage increase in prices
115.76

DA Calculation

Source: http://7thpaycommissionnews.in/

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Expected AICPIN for Nov 2014 – Will the AICPIN rise?

Expected AICPIN for Nov 2014 – Will the AICPIN rise?

It looks as if there is scarcely any curiosity among Central Government employees to know about the next DA hike percentage. With just about everybody trying to predict the percentage hike, the topic has lost its novelty. Moreover, with DA increase not amounting to anything much, the curiosity to know has also nosedived.

Consumer Price Indices (CPI) measure changes over time in general level of prices of goods and services that households acquire for the purpose of consumption. CPI is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the national accounts. CPI is also used for indexing dearness allowance to employees for increase in prices.

There is huge change in CPI (General) and CFPI, have a look the comparison table is given below…
November’s AICPIN number will be announced next week. The index, which stood nailed to its spot for the past three months, is actually expected to fall this time.

Therefore, no matter which direction the AICPIN moves, the DA hike this time is not likely to go beyond 6%.

Source: http://7thpaycommissionnews.in/

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Expected DA from Jan 2015 – Almost confirmed 6% increase

Expected Dearness Allowance from January 2015 for Central Govt Employees and Pensioners, almost confirmed 6% increase…
 

Expected DA from Jan 2015 is on fourth step, no change in the index of CPI(IW) for the month of October 2014, stands at 253 only.

Increase in Dearness allowance for Central Govt employees and Pensioners from Jan 2015 is likely to be 6% and the total Dearness allowance will go up to 113%.

When comparing with previous instalments of additional DA, this is some what low. In July 2013 and Jan 2014, both the installments was in double digit.

After this DA, there will be only another instalment in July 2015 which is the last instalment of additional DA in Sixth Pay Commission. And the first installment for the year 2016, the DA calculation may be change with the recommendations of 7th CPC.

The below table describes the position of AICPIN with DA Calculation…

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Expected DA phrase losing interest amidst Central Government employees..!

“Expected DA” phrase losing interest amidst Central Government employees..!

Nowadays, the attractive and magical word of “Expected DA” is losing interest amidst Central Government employees..!

We are proud to claim that we were the first to introduce the phrase, “Expected DA”.

Central Govt employees are getting additional Dearness Allowance twice in a year according to the fluctuation of Consumer Price Index. Generally all employees, including state and central government employees are showing interest to know the hike of additional Dearness allowance in advance.

In 2009, when, for the first time we wrote an article under the title “Expected DA (Dearness Allowance) from Jan 2009 for Central Government Employees“, we did feel a bit uneasy. We were wondering if the readers would comprehend the title properly. Even the familiar publications like “Swamy’s News” didn’t have such phrases that time.

The phrase “Expected DA”, received tremendous response from the Central Government employees and earned a place for itself in their hearts. It wouldn’t be an exaggeration for us to claim that after the magical ‘Central Government Employees News’, this was the most exciting phrase that we had come up with.

As far as we know, “Swamy’s News” was the only publication that had successfully predicted the Dearness Allowance accurately for a number of years. It is not an ordinary feat for a private publication to be treated on par with a Government Order. This is the reason why, despite the onslaught of the internet, the publication is still gaining tremendous growth.

In January 2009, we announced a 6% expected additional DA. Since then, with Dearness Allowance rising continuously, the curiosity and eagerness to hear the forecast continued to grow. With two 10% hikes in 2010, the response to our forecasts was nothing short of mind-boggling.

Normally, Government employees are more than eager to receive positive news about salary hike, like increment, DA, Arrears, Bonus etc.,. Yet, strangely, there is a slight dip in the kind of interest that the phrase “Expected DA” triggers nowadays.

In 2009 Our Forecasts in additional Dearness Allowance…

Source: 90PAISA
[http://90paisa.blogspot.in/2014/10/expected-da-phrase-losing-interest.html]

#Expected DA, #Expected DA Jan 2015, #Expected DA January 2015 , #Expected DA for CG Staff, #Expected DA for CG Staff and Pensioners, #Central Government employees, #Indian Government Employees news

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Expected DA from January 2015 – The Next Episode Begins…!

Expected DA from January 2015 – The Next Episode Begins…!

The Centre has announced a  hike of 7% Dearness Allowance and Dearness Relief for Central Government employees and Pensioners, with effect from July 2014 on 4th of this month. Soon, Finance Ministry will issue appropriate orders for payment of Dearness allowance to all. As and when orders are published by the Ministry of Finance, we will be posted in our website immediately.

According to the fluctuation of price index past six months from Jan to Jun 2014, the additional Dearness allowance has been arrived as 7% only. It seems there are a few employees who are unhappy with the single-digit number because until then they have been getting double-digit DA hikes.

The disappointment also reflects the high expectations that people have from the Modi government. Our readers have been raising a number of questions in this regard. While the previous Manmohan Singh government had twice given them DA hike of 10%, why has Modi government given them only 7% increase?

First of all, the ruling party at the Centre has no direct impact on the DA calculations. DA is calculated on the basis of AICPIN points, which are based on price rise.

The current system of DA calculations, which is being done as per the recommendations of the 6th Pay Commission, will come to an end after two more instalments (Jan 2015 and July 2015). Recommendations of the 7th Pay Commission are expected to come into effect from Jan 2016 onwards.

Now, the next episode begins…’Expected DA from January 2015′

It is highly unlikely that there will be a two-digit DA hike in the next two instalments (January 2015 and July 2015). Kindly keep in mind the fact that despite a 6 point increase of the AICPIN from 246 to 252 for the month of July 2014, there was hardly an impact. Even if it increases by 3 points over the next five months, the DA would increase to 9% only. It is impossible for AICPIN to constantly increase in future.

We believe that, under current circumstances, the next installment of additional Dearness allowance from Jan 2015 hike would only be about 6% or 7%.

 

We have analyzed the impact of CPI number on increasing DA and given below a table to express the same for your information…

Month/Year	CPI(IW) 2001=100	Points Increased	Total of 12 Months	12 Months Average	% Increase over 115.763	App. DA	DA %	DA Increased in %
July 2014	252	6	2896	241.33	125.57	108.47	108	1.22

Month/Year	CPI(IW) 2001=100	Points Increased	Total of 12 Months	12 Months Average	% Increase over 115.763	App. DA	DA %	DA Increased in %
Jun-13	231	3	2648	220.67	104.91	90.62	90	1.66
Jul-13	235	4	2671	222.58	106.82	92.28	92	1.66
Aug-13	237	2	2694	224.50	108.74	93.93	93	1.66
Sep-13	238	1	2717	226.42	110.66	95.59	95	1.66
Oct-13	241	3	2741	228.42	112.66	97.32	97	1.73
Nov-13	243	2	2766	230.50	114.74	99.12	99	1.80

Source: CGEN.in

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7% DA from July 2014 – Prompt decision is worth appreciating..!

7% DA from July 2014 – Prompt decision is worth appreciating..!

The Centre has announced an additional 7% DA hike for the Central Government employees and Pensioners from July 2014.

Usually, agendas for central government employees’ DA hike are presented at the Cabinet meeting only on the third or fourth Thursdays of the month. There are times when these decisions were made during the last cabinet meeting of the season. Sometimes, these decisions are not made even during the last meeting and are taken up only during special meeting or at critical times.

On the 4th of this month, out of the blue, the Government announced a 7% DA hike. The cabinet’s announcement gives a positive conclusion to the relentless waiting of the past few weeks.

DA is calculated twice a year (from January to June, and from July to December) based on the changes in the Consumer Price Index (IW) BY 2001=100. The AICPIN numbers of the month are released by the Labour Bureau the following month.

In the month of August, the Labour Bureau sends the AICPIN data for the months of January to July, to the Finance Ministry. Based on the data, the Finance Ministry calculates the DA hike and the additional expense likely to be incurred, and presents the findings and reports towards the end of August to the Cabinet for its approval. The final decision is made in the month of September. This is the usual procedure.

Irrespective of the date of the Cabinet approval in the month of September, the DA hikes are calculated and given along with the salary for the month of September. Increase for the month of July and August are calculated and given as arrears to the employees and pensioners too.

Although 7% hike has been confirmed already, the prompt decision is worth appreciating!

Source : www.cgstaffnews.in

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DA TABLE from 2008 to 2014 : DEARNESS ALLOWANCE TABLE

DA TABLE from 2008 to 2014
DEARNESS ALLOWANCE TABLE

2008

Month	Base Year 2001=100	Total	Average	App. DA	DA
May	139	1613	–	–	–
June	140	1623	135.25	16.84	16
July	143	1634	–	–	–
Aug	145	1646	–	–	–
Sep	146	1659	–	–	–
Oct	148	1673	–	–	–
Nov	148	1687	–	–	–
Dec	147	1700	141.67	22.38	22

2009

Jan	148	1714	–	–	–
Feb	148	1727	–	–	–
Mar	148	1738	–	–	–
Apr	150	1750	–	–	–
May	151	1762	–	–	–
June	153	1775	147.92	27.78	27
July	160	1792	149.33	29.00	—
Aug	162	1809	150.75	30.23	—
Sep	163	1826	152.17	31.45	—
Oct	165	1843	153.58	32.67	—
Nov	168	1863	155.25	34.11	—
Dec	169	1885	157.08	35.70	35

2010

Jan	172	1909	159.08	37.42	—
Feb	170	1931	160.92	39.01	—
Mar	170	1953	162.75	40.59	—
Apr	170	1973	164.42	42.03	—
May	172	1994	166.17	43.54	—
Jun	174	2015	167.92	40.05	45
July	178	2033	169.42	46.35	—
August	178	2049	170.75	47.50	—
Sep	179	2065	172.08	48.65	—
Oct	181	2081	173.42	49.81	—
Nov	182	2095	174.58	50.81	—
Dec	185	2111	175.92	51.97	51

2011

Jan	188	2127	177.25	53.12	—
Feb	185	2142	178.50	54.20	—
Mar	185	2157	179.75	55.28	—
Apr	186	2173	181.08	56.43	—
May	187	2188	182.33	57.51	—
Jun	189	2203	183.58	58.59	58
July	193	2218	184.83	59.67	—
August	194	2234	186.17	60.82	—
Sep	197	2252	187.67	62.12	—
Oct	198	2269	189.08	63.34	—
Nov	199	2286	190.50	64.56	—
Dec	197	2298	191.50	65.43	65

2012

Jan	198	2308	192.33	66.15	—
Feb	199	2322	193.50	67.15	—
Mar	201	2338	194.83	68.31	—
Apr	205	2357	196.42	69.67	—
May	206	2376	198.00	71.04	—
Jun	208	2395	199.58	72.41	72
Jul	212	2414	201.17	73.78	—
August	214	2434	202.83	75.22	—
Sep	215	2452	204.33	76.51	—
Oct	217	2471	205.92	77.88	—
Nov	218	2490	207.50	79.25	—
Dec	219	2512	209.33	80.83	80

2013

Jan	221	2535	211.25	82.49	—
Feb	223	2559	213.25	84.22	—
Mar	224	2582	215.17	85.87	—
Apr	226	2603	216.92	87.38	—
May	228	2625	218.75	88.97	—
Jun	231	2648	220.67	90.62	90
Jul	235	2671	222.58	92.28
Aug	237	2694	224.50	93.93
Sep	238	2717	226.42	95.59
Oct	241	2741	228.42	97.32
Nov	243	2766	230.50	99.12
Dec	239	2786	232.17	100.56	100

2014

Jan	237	2802	233.50	101.71
Feb	238	2817	234.75	102.79
Mar	239	2832	236.00	103.87
Apr	242	2848	237.33	105.02
May	244	2864	238.67	106.17
Jun	246	2879	239.92	107.25	107

Via: CGEN.in

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AICPIN for July 2014 – 6 Points increased and stands at 252

AICPIN for July 2014 – 6 Points increased and stands at 252

No. 5/1/2014-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: the 29th August, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2014

The All-India CPI-IW for July, 2014 increased by 6 points and pegged at 252 (two hundred and fifty two). On 1-month percentage change, it increased by 2.44 per cent between June, 2014 and July, 2014 when compared with the rise of 1.73 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 4.42 percentage points to the total change. The House Rent index further accentuated the overall index by 1.08 percentage points. At item level, Rice, Eggs, Milk, Onion, Chillies Green, Tomato, Potato and other Vegetables & Fruits, Sugar, Tea (Readymade), Pan Finished, Doctors’ Fee, College Fee, Petrol, Rail Fare, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Wheat, Soft Coke, Medicine (Allopathic), etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 7.23 per cent for July, 2014 as compared to 6.49 per cent for the previous month and 10.85 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.11 per cent against 5.88 per cent of the previous month and 14.10 per cent during the corresponding month of the previous year.

At centre level, Nagpur recorded the maximum increase of 12 points followed by Ludhiana (10 points). Among others, 9 points rise was observed in 7 centres, 8 points in 3 centres, 7 points in 9 centres, 6 points in 23 centres, 5 points in 14 centres, 4 points in 10 centres, 3 points in 4 centres, 2 points in 4 centres and I point in 2 centres.

The indices of 35 centres are above and other 41 centres are below national average. The indices of Ernakulam and Varanasi are at par with all-India index.

The next index of CPI-IW for the month of August, 2014 will be released on Tuesday, 30 September, 2014. The same will also be available on the office website www.labourbureau.gov. in.

(S.S.NEGI)
DIRECTOR

Source: www.labourbureau.gov.in

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Expected DA July 2014 – Finally it concludes at 7%

Expected DA July 2014 – Finally it concludes at 7%

As anticipated by all, the expected DA from July 2014 concluded at 7%.

With the announcement of the AICPI(IW) points for the month of June, the calculation of the additional dearness allowance for central government employees and pensioners from July onwards have ended. The percentage of Dearness allowance and Dearness relief to be paid from July 2014 will be increased by 7%.
Based on the recommendations of the 6th Central Pay Commission, in order to meet the rising expenses of essential commodities and inflation, dearness allowance is given twice every year to the central government employees – from January to June and from July to December – calculated on the basis of the All India Consumer Price Index of Industrial Workers Base Year 2001=100.

The most recently released AICPIN points for the month of June have increased by two and now stands at 246. Since the AICPIN points have increased by two, the dearness allowance percentage arrived at 107.25, is to be calculated, after ignoring the decimal points, as 7%. This will be officially announced by the Central Government after approval of Unionn Cabinet committee in the month of September.

The last two installments, 10% dearness allowance was being paid to the employees. Many wonder why it has come down to 7% this time. There are two main reasons for this, one is AICPIN points, and another is the method of calculating DA. One has to also keep in mind the fact that dearness allowance of 10% was also given based on the same calculations.

The fact is, the next two additional dearness allowances (Expected DA from January 2015, and expected DA from July 2015) are not likely to cross 5%.

The method of calculating dearness allowance is given in detail in the table below:



Source: CGEN.in
[http://centralgovernmentemployeesnews.in/2014/08/expected-da-july-2014-finally-it-concludes-at-7/]

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