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Showing posts with the label Expected DR to CG Staff

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...

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.

Consumer Price index Numbers for Industrial Workers (CPI-IW) August 2013–Official Report of Labour Bureau

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Consumer Price index Numbers for Industrial Workers (CPI-IW) August 2013–Official Report of Labour Bureau Labour Bureau is officially published through PIB today the price index of AICPIN (CPI-IW) for the month of August 2013. According to the price hike of essential commodities, which are indexed in the table of CPI the Consumer Price Index also increased by two points from the existing level of 235. The next index of CPI-IW for the month of September, 2013 will be released on Thursday, 31 October, 2013. Press Information Bureau Government of India Ministry of Labour & Employment 01-October-2013 13:16 IST Consumer Price index Numbers for Industrial Workers (CPI-IW) August 2013 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for August, 2013 rose by 2 points and pegged at 237 (two hundred and thirty seven). On 1-month percentage change, it increased by 0.85 per cent between July and August compared with 0.9...

Expected DA from Jan 2014 - AICPIN for the month of August 2013

Expected DA from Jan 2014 - AICPIN for the month of August 2013 Expected DA from Jan 2014 - AICPIN for the month of August 2013 updated in the official portal of Labour Bureau... Two points raised in the important statistics of Consumer Price Index (Industrial Workers) for the month of August, 2013. A press release has been issued by the Labour Bureau yesterday that the CPI (IW) Base Year 2001=100 raised from 235 to 237 in the end of August 2013. As the result of increasing in AICPIN by two points, the Dearness allowance is also hiked from 92.28 to 93.93. Accordance with the numbers of AICPIN, the calculation of ' expected da from Jan 2013' is moved to one more step that as follows... Month Year AICPIN for July 2013 AICPIN for August 2013 Difference Increasing in DA August 2013 235 237 2 93.93 Labour Bureau, Government of India Press Release Consumer Price Index Numbers for Industrial Workers on Base 2001=100 CPI(IW) Base 2001=100 Monthly Index Letter...

High expectations on DA from Jan 2014

High expectations on DA from Jan 2014 Expected DA from January 2014 The rate of Dearness Allowance payable to central Government Employees is arrived from a prescribed formula. In which the main component is the Average AICPIN for Industrial Workers for twelve months prior to every January and July of every year. So it is quite obvious that everyone wants to know the Consumer Price Index Numbers for Industrial Workers of every month. So they can calculate the rate of Dearness Allowance approximately after every six months.Expected DA from January 2014. The AICPIN for Industrial workers for the month of July has been released by Labour Bureau to day. As this is the seventh month’s AICPIN , we need still five months AICPIN to calculate the rate of Dearness Allowance to be paid to central Government Employees from January 2014. But with these 7 months CPI points, the expected DA from January 2014 can be arrived approximately. If we look at the increase rate of the AICPIN for the 12 m...

Expected DA : Cabinet Committee may approve in this week…

Govt to hike DA by 10%; benefit 80 lakh employees and pensioners New Delhi: Ahead of festival season, Central Government will this month announce a hike in dearness allowance to 90 percent from existing 80 percent, benefiting about 50 lakh central employees and 30 lakh pensioners. According to official source, dearness allowance hike will be 10 percent and would be effective from July 1, this year. The sources further said the exact amount of dearness allowance, as a proportion of basic pay, works out to over 90 percent after factoring in the revised all India Consumer Price Index for Industrial Workers (CPI-IW) for June. According to revised data released on August 30, retail inflation for factory workers for June stood at 11.63 percent, higher than provisional estimate of 11.06 percent for the month released on July 31. Sources said that since the revised estimate for the month of June is available, the Finance Ministry would soon prepare a proposal for the purpose for seeking ...