Expected DA from Jan, 2014 now confirmed to be 100% - may touch 101%

Expected DA from Jan, 2014 now confirmed to be 100% - may touch 101%

100% DA/DR from Jan, 2014

As already mentioned and calculated in our previous post that Dearness Allowance from January-2014 will be 100% now confirmed in view of All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for the month of October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one).  Now it is absolutely confirmed that expectation DA from Jan-2014 will not reduce from 100%.  As per increase and present economic scenario if AICPIN of Nov, 2013 or Dec, 2014 will rose by by 3 or 4 points, Dearness Allowance from Jan, 2014 will computed at 101%.

Expectation	Increase/  Decrease  Index	Month	Base  Year  2001 =  100	Total  of 12  Months	Twelve monthly  Average	%  increase  over  115.76  for   DA	DA  announced  or will be  announced
	1	Dec,12	219	2512	209.33	80.83%	80%
DA from July, 2013 order has been issued by finmin click here	2	Jan,13	221	2535	211.25	82.49%	90%
	2	Feb,13	223	2559	213.25	84.22%
	1	Mar,13	224	2582	215.17	85.87%
	2	Apr,13	226	2603	216.92	87.38%
	2	May,13	228	2625	218.75	88.97%
	3	Jun,13	231	2648	220.67	90.62%
Jul AICPIN	4	Jul,13	235	2671	222.58	92.28%
Aug AICPIN	2	Aug,13	237	2694	224.50	93.94%
Sep AICPIN	1	Sep,13	238	2717	226.42	95.59%
Oct AICPIN	3	Oct,13	241	2741	228.42	97.32%
1st Expection for 100%	1	Nov,13	242	2765	230.42	99.05%	100%
	4	Dec,13	246	2792	232.67	100.99%
	Expected DA/DR from January, 2014
2nd Expectation  for 100%	3	Nov,13	244	2767	230.58	99.19%	101%
	1	Dec,13	245	2793	232.75	101.06%
	Expected DA/DR from January, 2014
3rd Expectation: for 101%	2	Nov,13	243	2766	230.50	99.12%	101%
	3	Dec,13	246	2793	232.75	101.06%
	Expected DA/DR from January, 2014
4th Expectation for 101%	3	Nov,13	244	2767	230.58	99.19%	101%
	1	Dec,13	245	2793	232.75	101.06%
	Expected DA/DR from January, 2014

must read what will happen if DA reached 100%.

, you may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

PIB Release of CPI-IW:

Press Information Bureau
Government of India
Ministry of Labour & Employment

29-November-2013 18:49 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013 

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one). On 1-month percentage change, it increased by 1.26 per cent between September and October compared with 0.93 per cent between the same two months a year ago. 

The largest upward pressure to the change in current index came from Food group contributing 2.53 percentage points to the total change. At item level, Rice, Wheat Atta, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Onion, Vegetable items, Tea Readymade, Electricity Charges, etc.. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Ginger, Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.06 per cent for October, 2013 as compared to 10.70 per cent for the previous month and 9.60 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 15.02 per cent against 13.36 per cent of the previous month and 9.91 per cent during the corresponding month of the previous year. 

At centre level, Bhavnagar recorded the highest increase of 9 points each followed by Ahmedabad, Labac Silchar and Kodarma (8 points each) and Vadodara and Surat (7 point each). Among others, 6 points rise was registered in 8 centres, 5 points in 10 centres, 4 points in 8 centres, 3 points in 9 centres, 2 points in 10 centres and 1 point in 11 centres. On the contrary, Belgaum and Chhindwada centres reported a decline of 3 points each followed by Mercara (2 points) and Salem, Hubli Dharwar and Puducherry (1 point each). Rest of the 15 centres’ indices remained stationary. 

The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average. 

The next index of CPI-IW for the month of November, 2013 will be released on Tuesday, 31 December, 2013. The same will also be available on the office website www.labourbureau.gov.in.