Dearness Allowance from January 2014 will be 100%
The rate of Dearness Allowance from January 2014 has been now confirmed
by just released AICPIN for the month of December 2013. Labour bureau
has released the All India Consumer Price Index Number for Industrial
workers for the month of December 2013 in its website www.Labour
bureau.nic.in to day. The AICPIN for the month of December is very much
required to finalize the percentage of DA to be increased for central
government employees from January 2014.
The CPI for Industrial workers is the only factor to
determine the additional installment of DA to be released with effect
from 01.01.2014, so we need to know the 12 months average of AICPIN from
January 2013 to December 2013 to calculate the percentage of Dearness
Allowance to be paid from January 2014. Gservants, in its article
published on 30th August 2013, told that the Percentage of DA to be paid
from January 2014 will be from 100% to 102% . With 7 months CPI points
it was estimated that there would be 10% to 12% Hike from existing rate
of 90%. The AICPIN for the month of November 2013 has almost confirmed
the above estimate that it will not be less than 100%. Now the December
months AICPIN confirmed that the rate of DA to be released from January
2014 will be exactly 100%. Even though there is a decrease in 4 points
the rate of DA is 100%. The following table shows how the dearness
allowance has reached 100% level.
DEARNESS ALLOWANCE FROM JANUARY 2014
DEARNESS ALLOWANCE FROM JANUARY 2014
| ||||
Month
|
Base Year 2001 =100
|
Total of 12 Months
|
Twelve month Avarage
|
% of Increase Over 115.76 for DA
|
January 2013
|
221
|
2535
|
211.25
|
80.83
|
Febraury 2013
|
223
|
2559
|
213.25
|
82.49
|
March 2013
|
224
|
2582
|
215.17
|
84.22
|
April 2013
|
226
|
2603
|
216.92
|
85.88
|
May 2013
|
228
|
2625
|
218.75
|
87.39
|
June 2013
|
231
|
2648
|
220.67
|
88.97
|
July 2013
|
235
|
2671
|
222.58
|
90.62
|
August 2013
|
237
|
2694
|
224.50
|
92.28
|
September 2013
|
238
|
2717
|
226.42
|
93.94
|
October 2013
|
241
|
2741
|
228.42
|
97.32
|
November 2013
|
243
|
2766
|
230.5
|
99.11
|
December 2013
|
239
| 2786 | 232.16 |
100.55
|
Courtesy : http://www.gservants.com/2014/01/31/dearness-allowance-january-2014-will-100/
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