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Showing posts with the label Expected DA

Additional DA from July 2014 : Dearness Allowance rises to 107% from July 1, 2014 onwards..!

Additional DA from July 2014 : Dearness Allowance rises to 107% from July 1, 2014 onwards..! The Dearness Allowance for Central Government employees and pensioners may increase to 107% from July 1, 2014 onwards. Following the increase in the CPI(I-W) BY 2001 = 100 price index, the twice-every-year Dearness Allowance that is issued to the Central Government employees, the second additional Dearness allowance may possible to  increase to 107% from 01.07.2014 onwards.

AICPIN Points on the Ascent Again..!

AICPIN Points on the Ascent Again! Previously, it was announced that the AICPIN points for the month of April will be released on the 30th. But the Labour Bureau and PIB didn’t release the statistics of AICPIN on that day. Instead of releasing the detailed information transparently in their official websites, the departments chose to unveil the number with an air of secrecy. We had managed to find the number and had published them. Countless people had benefitted from it (Press Release given below).

Expected DA - Status, as of March 2014

Expected Dearness Allowance from July 2014 for Central Govt Employees and Pensioners... Expected DA- Status, as of March 2014 Expected Dearness Allowance from July 2014 : This time there is a considerable slackening in the pace of the expected DA. It looks as if there are plenty of reasons for it. As of March, the AICPIN has increased by one point and is at 239. The rapid increase in Consumer Price Index (IW) has been brought under control now. Election is believed to be one of the reasons for it. Since price rise and inflation are under control, there is not much of an increase in All India Consumer Price Index for Industrial Workers. With a fall in the prices of essential commodities, the AICPIN points have actually reduced.

Expected DA from July 14 - Looks like the curiosity surrounding the expected DA is fast receding..!

Expected DA from July 14 - Looks like the curiosity surrounding the expected DA is fast receding..! One of the possible reasons for the dampening interest could be the fact that unlike last time, there is not going to be a DA hike. Although it is very well known that the hike is based on price rise and inflation, it probably feels to them as if something was lost. This time there is no double-digit increase. It is only going to be a single-digit hike. At the most, one can expect an increase of 7%. That too is not for sure. All that depends on the soon to be announced AICPIN points for balance months. After announcing the second additional DA for the year 2014, there are only two instalments left. With the instalments of January 2015 and July 2015, the 6th CPC comes to a close. The next additional DA will be based on the 7th CPC.

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014 An overview of articles about DEARNESS ALLOWANCE It is an appreciable trend that articles about Dearness Allowances continue to be churned each day. There are plenty of advantages and benefits in giving your own interpretation on a topic that millions are interested in. It helps a great deal in creating consensus opinion. Social media are especially useful in accomplishing this. A very famous example is the unity and camaraderie between pharmacists a few years ago, and their success. The contribution of social media in the current protests being conducted by LDCs and UDCs is worth taking note of. There is no denial to the fact that revolutionary new opinions expressed on social media have been useful for many in many different ways. There is also no doubt in the fact that members of the unions, associations, and federations continue to watch the social media. You can bet that in the near future almost all these leaders of unions and associ...

Consumer Price Index Numbers for Industrial Workers (CPI-IW)- February 2014

Consumer Price Index Numbers for Industrial Workers (CPI-IW)- February 2014 Press Information Bureau Government of India Ministry of Labour & Employment 01-April-2014 11:47 IST Consumer Price Index Numbers for Industrial Workers (CPI-IW)- February 2014 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for February, 2014 increased by 1 points and pegged at 238 (two hundred and thirty Eight). On 1-month percentage change, it increased by 0.42 per cent between January, 2014 and February, 2014 compared with the rise of 0.90 per cent between the same two months a year ago. The largest upward pressure to the change in current index came from Miscellaneous group contributing 0.34 percentage points to the total change. At item level, Rice, Wheat, Moong Dal, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Medicine, Barber Charges, etc. are responsible for the increase in index. However, this increase was rest...

AICPIN for the month of Feb 2014 - Expected DA from July 2014

Expected DA from July 2014 - AICPIN for the month of Feb 2014 According to the press release of Labour Bureau, Consumer Price Index (Industrial Workers) for February 2014 increased by one point and pegged at 238 from the existing level of 237. The detailed report of the index will be published soon.

When will the Finance Ministry’s Orders on the 10% DA Hike be Released?

When will the Finance Ministry’s Orders on the 10% DA Hike be Released? It is now known that the Cabinet Committee had, on 28.02.2014, given its approval to a 10% increase in the Dearness Allowance for Central Government employees and pensioners. Following this, the Finance Ministry usually issues orders to all the Ministries/Departments. No orders have been issued yet. The orders are expected before the end of this month. The orders are usually produced as “Payment of Dearness Allowance to Central Government Employees - Revised rates with effect from 01.01.2014”. The orders usually will begin as, the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 90% to 100% with effect from 1st January, 2014...” It will also be announced that the procedures published in the Finance Ministry’s orders issued on 29/08/2008 will be applicable this time too and that the enhanced amount will also be given as...

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014 This is the first thing that all Central and State Government employees alike would eagerly like to know! We are the first to calculate and write about ‘Expected DA’. We have been meticulously doing this task for the past five years. Without fail, we publish all the relevant information pertaining to DA, which is given twice every year (January 1, and July 1). It is our practice to calculate these numbers on the basis of certain indicators. Dearness Allowance is calculated entirely on the basis of price rise and inflation. Of utmost importance for the calculation is the AICPIN (All India Consumer Price Index). Labour Bureau, a Government agency releases these figures each month.

EXPECTED DA FROM JULY 2014 CALCULATOR

EXPECTED DA FROM JULY 2014 CALCULATOR We have been waiting eagerly for the announcement of 50% DA merger and interim relief for quite some time now, but still no announcement about it has come out! This is really disappointing. As you know, we got the 50% DA merger(5th paycommission) and interim relief(2nd to 4th paycommission) in the last pay commission to compensate for the increased commodity prices and economic burden. So our present expectation cannot be unreasonable. We only get our DA to manage the price rise of essential commodities. As of now it has reached 100% raise and some allowances are expected to rise only by 25%. When this is the case, calculating the DA rise in the coming July 2014 is somewhat difficult. As of now, the announcement of only one month’s AICPIN has come out. In the coming five months, we will get a complete picture of the AICPIN value. Only after that we can calculate the DA rise accurately.

AICPIN for Jan 2014 - Expected DA from Jul 2014

AICPIN for Jan 2014 - Expected DA from Jul 2014 All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237 Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014

DA Calculation for the month of December 2013 - CPI-IW declined 4 points

DA Calculation for the month of December 2013 - CPI-IW declined 4 points   Labour Bureau has published the detailed report of AICPIN for the month of December 2014 as press release on 31st Jan 2014 through its official portal, how the Consumer Price Index for Industrial Workers (CPI-IW) suddenly declined by four points and stands at 239 and Agricultural and Rural Labourers index also decreased by 12 and 11 points respectively in the same month... The impact of four points declined in CPI-IW will reflect in the " Expected DA from July 2014' ... For your information... DA calculation Sheet for the period between Jun to Dec 2013 as follows...

AICPIN for the month of December 2013

AICPIN for the month of December 2013 Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2013 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239(two hundred and thirty nine). On 1-month percentage change, it decreased by 1.65 per cent between November and December compared with the rise of 0.46 per cent between the same two months a year ago. The largest downward pressure to the change in current index came from Food group contributing -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.  ...

Expected AICPIN for December 2013 - Expected DA Jan 2014

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Expected AICPIN for December 2013 - Expected DA Jan 2014 'Expected DA from Jan 2014' will be an end and the last and final calculation is waiting for CPI(IW) December 2013. Consumer Price Index(IW) for the month of December 2013 will be announced today or tomorrow by the Labour Bureau. All we know that AICPIN is the magic number for the calculation of Dearness allowance. Especially, this is the last factor to decided for the purpose of additional Dearness allowance to CG Employees and Pensioners from January 2014. CPI(IW) Base Year 2001=100, if possible the index move from the existing level of 243 to 246 then the additional DA from Jan 2014 will be fixed at 11%. But, the chances are very less.

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

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Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11% The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014. This is too early and predict the enhancement in percentage of Dearness allowance with effect from January 2014. The prediction and announcement of this hike make us cool, that the additional DA will jump to 101% and another word, an additional DA would be 11%. But, still we have to wait for one more month, that the magic number of AICPIN would be increased by 3% and more..! From the existing level of the AICPIN is now 243, if it becomes 246 in end of December 2013, out prediction will be right…or otherwise certainly we would cross century in total Dearness allowance… The table describes the prediction of additional DA from Jan 2014… Source : www.7thpaycommissionnews.in [http://7thpaycommissionnews.in/expected-da-from-jan-2014-additional-da-from-jan...

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

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Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11% The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014.

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%  The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014. This is too early and predict the enhancement in percentage of Dearness allowance with effect from January 2014. The prediction and announcement of this hike make us cool, that the additional DA will jump to 101% and another word, an additional DA would be 11%. But, still we have to wait for one more month, that the magic number of AICPIN would be increased by 3% and more..! From the existing level of the AICPIN is now 243, if it becomes 246 in end of December 2013, out prediction will be right…or otherwise certainly we would cross century in total Dearness allowance… The table describes the prediction of additional DA from Jan 2014… Month Year AICPIN (IW) BY 2001=100 Points Increasing in AICPIN Total Average App. DA DA Jun 2013 231 3...

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%  The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014. This is too early and predict the enhancement in percentage of Dearness allowance with effect from January 2014. The prediction and announcement of this hike make us cool, that the additional DA will jump to 101% and another word, an additional DA would be 11%. But, still we have to wait for one more month, that the magic number of AICPIN would be increased by 3% and more..! From the existing level of the AICPIN is now 243, if it becomes 246 in end of December 2013, out prediction will be right…or otherwise certainly we would cross century in total Dearness allowance… The table describes the prediction of additional DA from Jan 2014… Read more: http://7thpaycommissionnews.in/expected-da-from-jan-2014-additional-da-from-jan-2014-likely-to-hike-b...

AICPIN for the month of November 2013

AICPIN for the month of November 2013 Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243 (two hundred and forty three).

Merger of Dearness Allowance with the Pay of the Central Government Employees - reg.

Merger of Dearness Allowance with the Pay of the Central Government Employees - reg. PRIME MINISTER FORWARDS GS/NFIR's LETTER ON DEMAND FOR MERGER OF DA TO DOPT   Prime Minister's Office New Delhi - 110101 Sub: LETTER OF Sh. M RAGHAVAIAH NFIR, 3, CHELMSFORD ROAD, NEW DELHI-55