DA and DR from July to Dec 2015 – Cabinet Committee may approve tomorrow

DA and DR from July to Dec 2015 – Cabinet Committee may approve tomorrow

As per media news, the Cabinet committee in its meeting tomorrow is likely to approve an additional Dearness Allowance for Central Government employees due from July 2015.

The second installment of this year, from July to December 2015, an additional DA is finalized hike by 6% as per the calculations recommended by 6th CPC. Now the Central Government employees and pensioners are getting 113% DA and DR, after the declaration by the Cabinet Committee on DA, it will become 119%.

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Expected DA from July 2015 – To wait for the month of June AICPIN data that will be released on July 31 to find out.

Expected DA from July 2015 – To wait for the month of June AICPIN data that will be released on July 31 to find out.

Expected DA from July to Dec 2015

What will the additional Dearness Allowance increase be from the month of July to Dec 2015? One has to wait for the AICPIN data for the month of June 2015 that will be released on July 31 to find out.
Central Government employees are not the only ones who are eagerly waiting to find out what the DA percentage hike will be from July to December 2015. Central Pensioners and employees of the banking sectors too are curious to know. Additionally, the employees are working under state governments are also covered in this circle.

It has almost been confirmed that there will be a 6% hike in DA this time. But, it will be absolutely confirmed once the June AICPIN statistics is revealed. The fluctuations of the June AICPIN is not expected to dramatically affect the fate of July’s DA hike, but it will have some impact on the DA hike that will be announced for January 2016.

You can understand this better if you refer to the table given below:

 

Source: www.cgstaffnews.in

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The rate of DA from July 2015 will have an increase of 6 percent

The rate of DA from July 2015 will have an increase of 6 percent

The Labour bureau has released the Consumer Price Index numbers for industrial workers for the Month of May 2015 today.

As Expected the All-India CPI-IW for May, 2015 increased by 2 points and pegged at 258. So the expected DA from July 2015 can be arrived with the available 11 Months AICPIN points now. Because the left out one month AICPIN will not have much impact on Expected DA from July 2015 until it increase by 7 points.  The rate of Dearness Allowance which will be paid from July 2015 can however be arrived exactly with these eleven months AICPIN points by assuming the 12th Month ie June 2015 will be 258 plus or Minus 5 points.  Enter these AICPIN  points in the calculator provided in this website to find out the expected DA from July 2015.

Assuming the AICPIN for the Month of June as 260 points, the Average 12 Months AICPIN is 254.33.

By applying the above AICPIN  average in the prescribed formula, which results the 6% increase in the rate of DA from July 2015. So the Dearness Allowance to be paid for central Government employees will be 119% from July 2015.

Source: www.gservants.com

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AICPIN for the month of May 2015 – 2 Points increased from 256 to 258

AICPIN for the month of May 2015 – 2 Points increased from 256 to 258

AICPIN for the month of May 2015

According to the press release of Labour Bureau, the All-India CPI-IW for May, 2015 increased by 2 points and pegged at 258 (two hundred and fifty eight).

Click to view the official press release issued by Labour Bureau

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‘Expected DA July 2015’ to be finalized – May 2015 AICPIN to be announced today

‘Expected DA July 2015’ to be finalized – May 2015 AICPIN to be announced today

‘DA from July 2015’ will most likely be finalized today; DA calculation stands at nearly 6%, as of now.

The price of petrol and diesel is one of the most important factors that influence the prices of general commodities. Petrol and diesel prices had increased by 10 to 15% in the month of May. Experts believe that it will have a huge impact on the prices of essential commodities too.

The Labour Bureau calculates the AICPIN points based on the prices of essential commodities at 78 select towns and cities from all over the country. The Consumer Price Index for Industrial Workers (CPI-IW) is an important statistical/economic indicator. It was first introduced on scientific lines with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres. The series was then, updated on base 1982=100 and a revision in 1999-2000 has further updated the base on 2001=100.

The CPI (IW) Base Year 2001=100 index points for the month of May will be announced today. Based on today’s announcement, one can calculate, the Dearness Allowance that will be given from July onwards.

Source: www.cgstaffportal.in

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AICPIN points for the month of May to be announced Tomorrow

AICPIN points for the month of May to be announced Tomorrow

“The Ministry of Labour will announce the ‘All India Consumer Price Index for Industrial Workers’ for the month of May, tomorrow; AICPIN indicates the rise and fall of prices of essential commodities across important towns and cities in the country”.

After significant changes in the Agricultural and Rural AICPIN points in the month of May, there is tremendous curiosity regarding the AICPIN points for the industrial workers. The index of Agricultural and Rural AICPIN had increased by 6 and 7 points to 811 and 816 respectively.

CPI (IW) BY 2001=100 points indicate the fluctuation of prices of essential commodities. If the CPI (IW) points increase, it leads to an increase in the percentage of additional Dearness Allowance for Central Government employees and Pensioners.

If the AICPIN for the month of May increases by 4 points, then the Dearness Allowance for July could be higher by 7%. In other words, from 113%, it could go up to 120%.

The AICPIN points of each month are calculated on the basis of the fluctuations in the prices of 24 commodities, including rice and wheat, in 78 selected cities and towns. The CPI (IW) BY 2001=100 of this month is released towards the end of the following month.

The present method of calculation was recommended by the 6th Central Pay Commission. From 01.01.2016 onwards, it will be calculated based on the recommendations of the 7th Central Pay Commission.

Source: www.cgstaffnews.in

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NFIR View on Expected DA from July 2015

NFIR View on Expected DA from July 2015

‘National Federation of Indian Railwaymen’ – NFIR circulated to its all affiliated unions regarding the ‘Expected DA from July 2015′ after the announcement of AICPIN for the month of March 2015 yesterday by the Labour Bureau. It is expected that the additional dearness allowance is likely to be 118% of pay from July 2015. The letter is reproduced and given below for your information…

EXPECTED DEARNESS ALLOWANCE FROM 01st July 2015

NFIR
National Federation of Indian Railwaymen
3. CHELMSFORD ROAD, NEW DELHI – 110 055

No.1/5(A)Part.1

Dated: 01/05/2015

The General Secretaries of Affiliated Unions of NFIR
Dear Brother,

Sub: Dearness Allowance with effect from 01.07.2015 – reg.

The All India Consumer Price Index for March 2015 was 254 and if it remains as it is for next three (3) months or if it rises to 256, the average is expected to be 253. Consequently, the Dearness Allowance increase is likely to be 118% of pay from July 2015.

The above is for information of affiliates. You are aware that the Government normally announces D.A. revision in September, to be given effect from July.

Yours fraternally,
sd/-
(Dr. M. Raghavaiah)
General Secretary

Source: NFIR

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CENTRAL GOVERNMENT EMPLOYEES NEWS All about Central Government Employees News Home DOPT Orders 6CPC 7CPC AICPIN Allowance Bonus BSNL CCS Central Government Jobs CGDA CGHS CPSE CSD CSS DA Over 50% Dearness Allowance Defence Directorate of Estates DOPT Orders Employees News EPFO Expected DA General news Holidays HRA Income Tax IT Exemption KV School Latest News LDC-UDC Loan LTC MACP Pension Postal Department Promotion Railways Rank Pay Reservation Retirement Age Uncategorized Expected DA From July 2015 – AICPIN for the month of Feb 2015

Expected DA From July 2015 – AICPIN for the month of Feb 2015

The Labour Bureau just now released the index of CPI(IW) for Industrial Workers for the month of February 2015.

According to the press release, the index is decreased by one point and pegged at 253.

No.5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT, SHIMLA-171004
DATED: the 31st March, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – February, 2015

The All-India CPI-IW for February, 2015 decreased by 1 point and pegged at 253 (two hundred and fifty three). On 1-month percentage change, it decreased by (-) 0.39 per cent between January, 2015 and February, 2015 when compared with the increase of (+) 0.42 per cent between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 0.66 percentage points to the total change. At item level, Rice, Eggs (Hen), Fish Fresh, Onion, Vegetable items, Sugar, Petrol, Flower/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was neutralised by Wheat, Wheat Atta, Arhar Dal, Groundnut Oil, Goat Meat, Tea (Readymade), etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent for February, 2015 as compared to 7.17 per cent for the previous month and 6.73 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.42 per cent against 7.81 per cent of the previous month and 7.56 per cent during the corresponding month of the previous year.

At centre level, Tiruchirapally recorded the highest decline of 7 points followed by Guntur (4 points), Mysore, Chhindwara Siliguri and Puducherry (3 Points each) Among others, 2 points decrease was observed in 15 centres and 1 point in 18 centres. On the contrary, Belgaum and Kodarma centres reported a highest increase of 3 points each followed by Kanpur, Bokaro and Doom-Dooma Tinsukia (2 points each). Among others 1 point increase was observed in 13 centres. Rest of the 21 centres’ indices remained stationary.

The indices of 37 centres are above All India Index and other 40 centres’ indices are below national average. The index of Vishakhapathnam centre remained at par with all-India index.

The next index of CPI-IW for the month of March, 2015 will be released on Thursday, 30th April, 2015. The same will also be available on the office website www.labourbureau.gov.in.

sd/-
(S.S.NEGI)
DIRECTOR

 Source: http://labourbureau.nic.in/press%20note%20eng%20feb%202015.pdf

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EXPECTED DA FROM JULY 2015: Central Government Employees News

EXPECTED DA FROM JULY 2015

We can compare the AICPIN values of the past twelve months and calculate the Dearness Allowance for July 2015 for the Central Government Employees and for pensioners

The AICPIN value for Jan 2015 has been released and it stands at 254. For the past five months, the AICPIN value has remained constant at 253.(Aug to Dec) Now, it has risen by a point and stands as 254.
If the AICPIN rises by 1 point each month in the coming five months, then the DA for July 2015 shall be 6 %. If the AICPIN rises few month 2 points other month 1 points, then in July 2015, we can expect to get a raised DA of 7 %.

The DA that we are about to receive may be the last one that we will get during the 6th CPC period (i.e. during the past 10 years). This is because from Jan 2016, the 7th CPC is expected to be put in to effect,then 7th CPC DA will be continue.

Table 1

Month-Year	B.Y. 2001=100	Total of 12 Months	12 Months Average	% Increase over 115.763	App. DA	DA %
Jan-15	254	2980	248.33	132.57	114.52
Feb-15	255*	2997	249.75	133.99	115.74
Mar-15	256*	3014	251.17	135.4	116.97
April-15	257*	3029	252.42	136.65	118.05
May-15	258*	3043	253.58	137.82	119.05
Jun-15	259*	3056	254.67	138.9	119.99	119

Note *Expected value Aicpin

Table 2

Month-Year	B.Y. 2001=100	Total of 12 Months	12 Months Average	% Increase over 115.763	App. DA	DA %
Jan-15	254	2980	248.33	132.57	114.52
Feb-15	255*	2997	249.75	133.99	115.74
Mar-15	256*	3014	251.17	135.4	116.97
April-15	258*	3030	252.5	136.74	118.12
May-15	260*	3046	253.83	138.07	119.27
Jun-15	262*	3062	255.17	139.4	120.42	120

Note * Expected value Aicpin

Source-http://www.geod.in

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DA from January 2015 will be 113%

DA from January 2015 will be 113%

The Expectation is over now, after the Labour Bureau released the AICPIN for the Month of December 2014 on 30th January 2015. From the Month of August 2014, the consumer price Index numbers for Industrial Workers remained same at 253. As we told in the previous post on “expected dearness allowance from January 2015” that if the AICPIN Points remain same for the next consecutive two months there will not be any change in our prediction. According to the formula prescribed for calculating DA for Central government employees, these 12 months AIPCIN points made the rate of Dearness Allowance to reach 113% level. This new rate will be paid to central government employees with effect from 1.1.2015. The Union Cabinet gave its approval for the previous installment of Dearness without any hype on 4th September 2014. So we can expect now this government will announce its decision over increasing rate dearness allowance in the first week of March 2015.

Expected DA from July 2015

So its all over now and here after our focus will be on expected DA from July 2015. The magic number 253, being static for last five months will play a vital role in the calculation of expected DA from July 2015. There is no scope for increase in AICPIN points for next four or five months. If this trend continues for next five months, we cannot expect more hike from this trend. The hike in the rate of Dearness allowance from July 2015 will be restricted with in the limit of 5% to 6%.

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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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