• 7th Pay Commission

    Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which will revise the salaries of over 50 lakh central government employees.

  • 50% DA MERGER

    Federation demanded the central government to merge the 50 Percent DA with basic Pay. ...

  • DA JULY 2014

    Let us move on to ‘Expected dearness allowance from July 2014’. ...

  • RETIREMENT AGE 62

    Promotion would be greatly affected due to no retirement in the long span. ...

  • LDC-UDC ISSUES

    LDC-UDC whose cases have been ignored by successive pay commissions and Governments with regard to the payment of equal pay for equal work ...

Thursday, November 29, 2012

EXPECTED DEARNESS ALLOWANCE (DA) JANUARY 2013


Expectation of future Dearness Allowance from January, 2013 on the basis of 2 points jump in CPI-IW for the month of August, 2012 and 1 point jump in September, 2012 giving expectation for DA  80% or more from January 2013.
All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for September, 2012 showing increase in 1 point and stood at 215 (Two hundred and fifteen).

Expectation-1
 If we expect only 1 point increase in this index for every month the Dearness Allowance for Central Government Employee will touch 80% in January, 2013.  In view of increased LPG & Diesel price etc. we expect more monthly increase in Index and similarly in future DA.  Please go through the following calculation:-

Expected Dearness Allowance DA for Jan, 2013 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76

Month
Base Year 2001 = 100
Total of 12 Months
TwelvemonthlyAverage
% increase over 115.76 for   DA
DA announced or will be announced
Dec-11
197
2298
191.50
65.43%
65%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
206
2376
198.00
71.04%
Jun-12
208
2395
199.58
72.41%
Jul-12
212
2414
201.17
73.78%
Aug-12
214
2434
202.83
75.22%
80%
Sep-12
215
2452
204.33
76.51%
Oct-12
216
2470
205.83
77.81%
Nov-12
217
2488
207.33
79.11%
Dec-12
218
2509
209.08
80.62%
Jan-13
Expected DA from January, 2013


Expectation-2

 If we expect 2 point increase in this index for every month the Dearness Allowance for Central Government Employee will exceed 80% in January, 2013.  In view of increased LPG & Diesel price etc. we expect more monthly increase in Index and similarly in future DA.  Please go through the following calculation:-

Expected Dearness Allowance DA for Jan, 2013 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76

Aug-12
214
2434
202.83
75.22%
81%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
219
2491
207.58
79.32%
Dec-12
222
2516
209.67
81.12%
Jan-13
Expected DA from January, 2013

Courtesy:http://karnmk.blogspot.in/2012/10/expected-da-upto-81-from-january-2013.html



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