Expected DA from July 2012 : My view on this subject

Expected Dearness Allowance from July 2012 to Central Government Employees and Pensioners : My view on this subject...

Dearness allowance is a part of salary, which is given to compensate for the fluxuation of essential commodities. The compensation is provided for price rise twice in a year to all Central Government employees and pensioners too.

The estimation of hike in Dearness allowance in accordance with the price index of AICPIN (IW) 2001=100. This statistics is being calculated by Labour Bureau and publishing every month authentically in its website. This index is the main factor to calculate the Dearness allowance. 

Here is the calculation table…

The calculation is being completed after six months, at present we have the index for five months only. Last and 6th month of index number is needed to finalize the calculate the additional Dearness allowance from July 2012, but, however, the Dearness allowance should not be increased above 72% at this moment.

Expected DA from July 2012 : may be confirmed 7%


Month /
Year
B.Y. 2001=100Total of
12 Months
12 Months
Average
% Increase
over 115.763
App. DADA
%
Jun-111892203183.5867.8258.59
58
Jul-111932218184.8369.0759.6759
Aug-111942234186.1770.4160.8260
Sep-111972252187.6771.9162.1262
Oct-111982269189.0873.3263.3463
Nov-111992286190.5074.7464.5664
Dec-111972298191.5075.7465.43
65
Jan-121982308192.3376.5766.1566
Feb-121992322193.5077.7467.1567
Mar-122012338194.8379.0768.3168
Apr-122052357196.4280.6669.6769
May-122062376198.0082.2471.0471
Jun-12
Expected
72

The last month of June, 2012 AICPIN (All India Consumer Price Index Number) will be published by Labour Bureau on 31.7.2012 (Tuesday). 

Please keep on watch...

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