As repeatedly mentioned and calculated in our previous posts that Dearness Allowance from July-2012 will be 72% 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
June, 2012 increased by 2 points and stood at 208 (Two hundred & eight). Now according to AICPIN DA from July-2012 will be 72% i.e. increase of 7% from 65% to 72%.
June, 2012 increased by 2 points and stood at 208 (Two hundred & eight). Now according to AICPIN DA from July-2012 will be 72% i.e. increase of 7% from 65% to 72%.
As per standard calculation shown below we may wait for formal announcement of increase in Dearness allowance paid to Central Government Employee and Dearness Relief for Central Government Pensioner in mid October, 2012 means after September, 2012. The arrears of Dearness Allowance for the month of July-2012, August-2012 and September-2012 may be drawn in October, 2012.
Expected Dearness Allowance DA for July, 2012 calculated as under:
Dearness Allowance = (Avg of AICPI for the past 12 months – 115.76)*100/115.76
|
Month
|
Base Year 2001 = 100
|
Total of 12 Months
|
Twelve monthly Average
|
% increase over 115.76 for DA
|
DA announced or will be announced
|
|
Aug-11
|
194
|
2234
|
186.17
|
60.82%
|
65%
|
|
Sep-11
|
197
|
2252
|
187.67
|
62.12%
|
|
|
Oct-11
|
198
|
2269
|
189.08
|
63.34%
|
|
|
Nov-11
|
199
|
2286
|
190.50
|
64.56%
|
|
|
Dec-11
|
197
|
2298
|
191.50
|
65.43%
|
|
|
Jan-12
|
198
|
2308
|
192.33
|
66.15%
|
|
|
Feb-12
|
199
|
2322
|
193.50
|
67.16%
|
72%
|
|
Mar-12
|
201
|
2338
|
194.83
|
68.31%
|
|
|
Apr-12
|
205
|
2357
|
196.42
|
69.68%
|
|
|
May-12
|
206
|
2376
|
198.00
|
71.04%
|
|
|
Jun-12
|
208
|
2395
|
199.58
|
72.41%
|
|
|
Jul-12
|
Expected DA from Jul-2012
|
||||
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COMMENTS
The moment CG announces the institution of Pay Commission traders become very happy. They speculate the pay rise in advance and raise the price of commodities. The price attains the peak and matches the pay rise. It has become a catch 22 in advance. The public can imagine the pay rise well in advance.
Will not be possible for the government to control the price?
They should think of reducing the unnecessary expenses on Government
Offices which will curtail the expenditure to the government.
The government should not stock food items like wheat,rice etc, and allow
them to become rotten.Instead they can allow to all ration card holders.The
price will be low when supply is more in the market.
To avoid fuel consumption all MPs and Ministers(Including P.M.) can
use one single buses for for 40 nos.for attending sessions. This will save a lot.
Though economy instructions issued for maintaining economy no body
will monitor this after financial year close.It will be more always.This
should be avoided. like wise many more measure can be taken.
Raajendra
Please give complete details about the NPS.
when DA will go beyond 100% in sixth pay commission,what will happen
The DA had gone beyond 160% in 1996 ,no worry pay commission will have to come to your rescue ,The HQ's sould be preparing for it otherwise same things will happen as in case 6th PC
The race between price rise of essential items
on one hand and DA increase on the other goes on
unabated. How long this can continue and at what cost. The solution lies in containing the cost
and bringing down inflatioary pressuresrather than merely increasing DA.
The race between price rise of essential items
on one hand and DA increase on the other goes on
unabated. How long this can continue and at what cost. The solution lies in containing the cost
and bringing down inflatioary pressuresrather than merely increasing DA.