All-India CPI-IW for June, 2013 rose by 3
points and pegged at 231 (two hundred and thirty eight) and expected Dearness
Allowance due from July, 2013 is unchanged in respect of previous month expectation of 90% means 10% increase in present DA [click here to see]. See following table:-
points and pegged at 231 (two hundred and thirty eight) and expected Dearness
Allowance due from July, 2013 is unchanged in respect of previous month expectation of 90% means 10% increase in present DA [click here to see]. See following table:-
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 | Nov-12 | 218 | 2490 | 207.50 | 79.25% | 80% |
1 | Dec-12 | 219 | 2512 | 209.33 | 80.83% | |
2 | Jan-13 | 221 | 2535 | 211.25 | 82.49% | 82% |
2 | Feb-13 | 223 | 2559 | 213.25 | 84.22% | 84% |
1 | Mar-13 | 224 | 2582 | 215.17 | 85.87% | 85% |
2 | Apr-13 | 226 | 2603 | 216.92 | 87.38% | 87% |
2 | May-13 | 228 | 2625 | 218.75 | 88.97% | 88% |
3 | Jun-13 | 228 | 2645 | 220.42 | 90.41% | 90% |
Jul-13 | Expected DA from July-2013 | 90% |
Therefore DA from July, 2013 will be 90% and will be announced in
September or October in this year.
September or October in this year.
This 3 point increase in June, 13 AICPIN has also confirmed minimum 7% increase in Dearness Allowance in Jan-2014. Next two months’ AICPIN will give exact figure of expected DA. This time calculation says that if no any increase occurred in next 6 months in AICPIN the 7% increase in expected DA of Jan-2014 is confirm. See second table below:-
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 |
2 | May-13 | 228 | 2625 | 218.75 | 88.97% | 88% |
3 | Jun-13 | 231 | 2648 | 220.67 | 90.62% | 90% |
0 | Jul-13 | 231 | 2667 | 222.25 | 91.99% | 91% |
0 | Aug-13 | 231 | 2684 | 223.67 | 93.22% | 93% |
0 | Sep-13 | 231 | 2700 | 225.00 | 94.37% | 94% |
0 | Oct-13 | 231 | 2714 | 226.17 | 95.38% | 95% |
0 | Nov-13 | 231 | 2727 | 227.25 | 96.31% | 96% |
0 | Dec-13 | 231 | 2739 | 228.25 | 97.18% | 97% |
Jan-14 |
Expected DA from Jan-2014
|
97% |
Now the above table and growth trends in AICPIN and inflation also indicates 100% DA from Jan-2014 and 25% increase in allowance. See what will happen if DA reached 100%.
DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]
PIB Release of CPI-IW:
Ministry of Labour & Employment
31-July, 2013 18:10 IST
Consumer Price Index Numbers for Industrial Workers (CPI-IW) June 2013
According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for June, 2013 rose by 3 points and pegged at 231 (two hundred and thirty one). On 1-month percentage change, it increased by 1.32 per cent between May and June compared with 0.97 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 2.98 percentage points to the total change. At item level, Rice, Fish Fresh, Eggs (Hen), Poultry (Chicken), Milk, Onion, Ginger, Chillies Green, Potato, Tomato & other Vegetables, Tea Leaf, Tea (Readymade), Bidi, Cigarette, Electricity Charges, Doctor’s fee, Medicine (Allopathic), Petrol, etc. are responsible for the rise in index. However, this was compensated by Wheat, Groundnut Oil and Mustard Oil putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 11.06 per cent for June, 2013 as compared to 10.68 per cent for the previous month and 10.05 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.86 per cent against 13.24 per cent of the previous month and 10.45 per cent during the corresponding month of the previous year.
At centre level, Pune, Bhilai and Guntur recorded the highest increase of 8 points each followed by Jalpaiguri, Asansol, Mumbai, Bokaro, Siliguri and Kanpur (7 points each) and Warrangal and Vijaywada (6 points each). Among others, 5 points rise was registered in 9 centres, 4 points in 8 centres, 3 points in 12 centres, 2 points in 15 centres, and 1 point in 14 centres. On the contrary, a decline of 1 point each was recorded in Amritsar and Coimbatore centres. Rest of the 7 centres’ indices remained stationary.
The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Bhilwara centre remained at par with all-India index.
The next index of CPI-IW for the month of July, 2013 will be released on Friday, 30 August, 2013. The same will also be available on the office website www.labourbureau.gov.in.
*****
PIB
(Release ID :97510)
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