Showing posts with label DA. Show all posts
Showing posts with label DA. Show all posts

Sunday, July 31, 2016

AICPIN for month of June 2016

The All-India CPI-IW for June, 2016 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month percentage change, it increased by (+) 0.73 per cent between May, 2016 and June, 2016 when compared with the increase of (+) 1.16 per cent between the same two months a year ago.

Calculate the DA for 01/01/2016, we find that the average AICPI in the year 2007 -118.95.
So, D.A. as on 01/01/2016 July (277-261.4)*100/261.4 = 2%

7th CPC Expected DA Calculator from July 2016


AICPIN for month of June 2016

No. 5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004

DATED: 29th July, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — June, 2016

The All-India CPI-IW for June, 2016 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month percentage change, it increased by (+) 0.73 per cent between May, 2016 and June, 2016 when compared with the increase of (+) 1.16 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.51 percentage points to the total change. At item level, Rice, Wheat, Besan, Black Gram, Gram Dal, Groundnut Oil, Eggs (Hen), Goat meat, Poultry (Chicken), Milk, Garlic, Onion, Tomato, Potato Brinjal, Cabbage, other seasonal Vegetables, Tea Leaf, Doctors’ Fee, Petrol, Repair Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Fish Fresh, Coconut, Mango (Ripe), Electricity Charges, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.13 per cent for June, 2016 as compared to 6.59 per cent for the previous month and 6.10 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.33 per cent against 8.48 per cent of the previous month and 6.67 per cent during the corresponding month of the previous year.

At centre level, Mercara reported the maximum increase of 13 points followed by Vadodara (12 points), Darjeeling and Ahmedabad (10 points each), Bhavnagar (9 points) and Nagpur (8 points). Among others, 7 points increase was observed in 2 centres, 6 points in 5 centres, 5 points in 5 centres, 4 points in 5 centres, 3 points in 12 centres, 2 points in 15 centres and I point in 14 centres. On the contrary, Quilon recorded a maximum decrease of 6 points followed by Chennai (4 points), Salem (3 points) and Coonoor (2 points). Among others, 1 point decrease was observed in 3 centres. Rest of the 7 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and other 44 centres’ indices are below national average.

The next issue of CPI-IW for the month of July, 2016 will be released on Wednesday, 31st August, 2016. The same will also be available on the office 


Thursday, April 9, 2015

Milestones in DA




Effective Dates
Percentage of DA
01.01.2015
113%
01.07.2014
107%
01.01.2014
100%
01.07.2013
90%
01.01.2013
80%
01.07.2012
72%
01.01.2012
65%
01.07.2011
58%
01.01.2011
51%
01.07.2010
45%
01.01.2010
35%
01.07.2009
27%
01.01.2009
22%
01.07.2008
16%
01.01.2008
12%
01.07.2007
9%
01.01.2007
6%
01.07.2006
2%
01.01.2006
0%
Rates of Dearness Allowance

Source : PA Legacy.

Monday, March 16, 2015

Central D.A. from Jan'15 : Likely to be declared next week

As per sources, 6% enhancement in D.A. payable to Central Govt. employees and pensioners is likely to be declared in the coming week. A note in this regard is likely to be forwarded in the next cabinet meeting for approval. With this hike, central D.A. will be 113% with effect from 1st january 2015. As per practice, arrears from January to March 2015 will be paid in cash in the month of April.

As most of the state Govt.s follow central D.A. pattern, employees and pensioners of various state are also waiting for central D.A. approval.

Thursday, March 22, 2012

DA news

Additional DA from 1.1.2012, Cabinet likely to approve tomorrow (22.03.12)...

We expected the same that didn’t happen last week, but this Thursday Cabinet may approve 7% additional Dearness allowance from 1.1.2012 for Central Government staff and pensioners.

Normally, the decision on announcing DA to the central government employees was to take place on the 2nd week of March and September every year. But this procedure was being postponed for various reasons. Last year, the announcement of DA from July 2011 was also postponed. The decision on the additional DA from March 2012 is expected to be finalized on 22.03.2012 at the Cabinet meeting scheduled on that day.  
As of now, an increase of 7% is expected which will raise the DA from 58% to 65%. As usual, the DA for March will be paid in April and the arrears for the other two months will be paid separately.

Source : CGE News.

Sunday, February 19, 2012

Expected DA from Jan 2012

Expected DA from 01.01.12 may be 65% (58 + 7)

Source : SwamysNews

Friday, September 16, 2011

7% DA

The Union Cabinet approved the 7% DA hike from July 11.
It will increase from 51% to 58%.

Thursday, September 15, 2011

Flash : 7% DA approved by Cabinet

7% DA was approved by Cabinet today.
Further details will follow.

Source : TV News.

DA - 7% likely to be decided by Today


The Cabinet may on Thursday raise dearness allowance (DA) for Central Govt Employees dearness relief (DR) for pensioners by 7 percentage points to 58% of the basic pay/pension.
The last hike in DA was in March when the government increased it by 6 percentage points. The Cabinet is expected to take a decision in this regard on Thursday, sources said. The Cabinet is also expected to clear a proposal for giving productivity linked bonus to Railway employees for the year 2010-11, sources added.
With the proposed DA hike, the basic pay of the central government employees (or pensioners as the case may be) would go up by 36% over a two-year period. The hikes will be implemented from July 1, 2011. The combined impact on the exchequer on account of both DA and DR increase between January 2009 and January 2011 is estimated to have crossed Rs 16,000 crore. The measure is set to provide relief to a total of around 5 million central government employees and around 4 million pensioners.
The change in DA, which is linked to the consumer price index, has lead to a further change in other allowance structure since rate breached the 50% of basic pay mark in March. For instance, payments like conveyance allowance and children’s education allowance have also gone up by 25%. This hike is in accordance to the formula given in the sixth pay commission report which says: “The rates of these allowances will be increased by 25% every time the DA payable on revised pay scales goes up by 50%.” As a result, there will also be an increase in the special compensatory allowance for the central government employees posted in remote areas such as the north-east and Jammu & Kashmir. Their special allowance also goes up by 25% the moment the 50% trigger was breached. The increased DA and DR are expected to help the households of central government employees and pensioners who are already exposed high inflation.
The Cabinet is also expected to clear the Delhi-Mumbai Industrial Corridor project being implemented in collaboration with Japan at Thursday’s meeting. The project was conceived five years ago and envisages setting up of industrial corridor along the Delhi-Mumbai stretch. It will comprise seven new cities, nine industrial parks, three ports, six airports and a 1,483 km high-speed rail and road line will be developed as a trading hub. The States covered by the project include Uttar Pradesh, Haryana, Rajasthan, Gujarat, Maharashtra and Madhya Pradesh.
The Cabinet will also take up for consideration the national manufacturing policy that aims at raising contribution of manufacturing in GDP from 16% to 26% by 2025 and creating 100 million jobs in next 10 years. Manufacturing sector contributes over 80% to the overall industrial production.

Saturday, July 30, 2011

Expected DA from July 11


Expected DA from July 11.


All India Consumer Price Index for Industrial Workers (CPI-IW) for the month of June 2011 has been announced by Ministry of labour and Employment.As per Press Information Bureau's report in this regard CPI-W for the month of June-2011 stood at 189.
With this announcement, all data required for estimation of increase in Dearness allowance for Central Government Employees with effect from 1st July 2011 have been given in black and white by Government. Let's have a look at the same.

Month
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
CPI(IW)
188
185
185
186
187
189

As we predicted last month (see this article), Dearness Allowance with effect from 1st July 2011 is estimated to be 58%. Consequently Central Government Employees may get an increase in DA of 7%, compared to the existing DA rate of 51%
Source : Gconnect

Wednesday, June 22, 2011

EXPECTED DEARNESS ALLOWANCE (DA) JULY 2011




The most eagerly awaited payment for a central government employee is his DEARNESS ALLOWANCE.We know that the Dearness Allowance which is announced twice in a year (ie: in the month of January and July.) is being calculated on the basis of  AICPIN(IW).

Of all the allowances begetted by a central govt employee, it is only the DA that holds a special place.

The AICPIN for the month of January,February,March and April have been published.Based on these presently the percentage of DA is 56 %.The AICPIN for the month of May and June have to be still announced.Then only  the exact percentage of DA can be calculated.

For reducing inflation Reserve Bank of India often increasing the interest rates .As a results the inflation is controlled but not reduced.Hence chances for reduction of numbers in AICPIN  for the month of May and June are not visible.At the same time increase in numbers are also not there immediately.

If the same condition pervades for longer times there would be no doubt that the percentage of  dearness Allowance July 2011 would be 57 or 58%.

 MONTHAICPIN  % OF DA
 January 188 53
 February  185 54
 March 185 55
 April 186 56
 May - -
 June expected57 or 58

Monday, June 6, 2011

Expected DA from Jul 11

Likely Dearness Allowance for July 2011 for Central Employees

Though it is very early to predict the D.A. for July 2011 at this point of time, we are being flooded by queries in this relation. It may be realized that D.A. is complete based on arithmetical calculation on All India CPI (IW) (Base 2001=100), the data for the entire six months is required to calculate the installment of D.A. payable. The labour bureau has released the figure for Jan, Feb and March as 188, 185 and 185 respectively. We are yet to know the figures of April, May and June. If we assume that there is no further increase or decrease in the numbers {maintains the cureent level for the next 3 months}, the D. A will be 7% from July 2011.

It is again reminded that it is only an assumption, the correct figure will be uploaded as soon as data available.

Source: Paycommissionupdate & Gconnect
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