Estimation of Dearness Allowance/Dearness Relief expected from July, 2014 on the
basis of Feb, 2014 AICPIN is not feasible due to variation in index. After 2
points decline in last month 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
February, 2014 increased by 1 points and pegged at 238 (two hundred and
thirty eight). This 1 point increase in Index also increased expectation
of future DA/DR from 4-5 percent to 5-6 percent. April or May AICPIN will give confirm picture of expected DA/DR from July, 2014.
Expectation of DA/DR for July, 2014 may understood with table is given below:-
basis of Feb, 2014 AICPIN is not feasible due to variation in index. After 2
points decline in last month 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
February, 2014 increased by 1 points and pegged at 238 (two hundred and
thirty eight). This 1 point increase in Index also increased expectation
of future DA/DR from 4-5 percent to 5-6 percent. April or May AICPIN will give confirm picture of expected DA/DR from July, 2014.
Expectation of DA/DR for July, 2014 may understood with table is given below:-
| 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 |
| 3 | Jun,13 | 231 | 2648 | 220.67 | 90.62% | 90% |
|
| DA/DR from Jan, 2014 2014 Order issued click here |
4 | Jul,13 | 235 | 2671 | 222.58 | 92.28% | |
| 2 | Aug,13 | 237 | 2694 | 224.50 | 93.94% | ||
| 1 | Sep,13 | 238 | 2717 | 226.42 | 95.59% | ||
| 3 | Oct,13 | 241 | 2741 | 228.42 | 97.32% | ||
| 2 | Nov,13 | 243 | 2766 | 230.50 | 99.12% | ||
| -4 | Dec,13 | 239 | 2786 | 232.17 | 100.56% | ||
| Jan AICPIN | -2 | Jan,14 | 237 | 2802 | 233.50 | 101.71% | |
| Feb AICPIN | 1 | Feb,14 | 238 | 2817 | 234.75 | 102.79% | |
| Mar AICPIN | 0 | Mar,14 | 238 | 2831 | 235.92 | 103.80% | |
| Apr AICPIN | 0 | Apr,14 | 238 | 2843 | 236.92 | 104.66% | |
| May AICPIN | 0 | May,14 | 238 | 2853 | 237.75 | 105.38% | |
| Jun AICPIN | 0 | Jun,14 | 238 | 2860 | 238.33 | 105.89% | |
| Expected DA/DR from July, 2014 | 105% | ||||||
, 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:
No. 5/1/2014-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004
DATED: the 31st March, 2014
Press Release
Consumer Price Index for Industrial Workers (CPI-IW) – February, 2014
The All-India CPI-IW for February, 2014 increased by 1 point 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 when 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, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Arhar Dal, Groundnut Oil, Onion, Vegetable & Fruit items, Sugar, etc. putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 6.73 per cent for February, 2014 as compared to 7.24 per cent for the previous month and 12.06 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.56 per cent against 8.94 per cent of the previous month and 14.98 per cent during the corresponding month of the previous year.
At centre level, Quilon recorded the highest increase of 9 points followed by Tiruchirapally & Conoor (6 points each) and Lucknow (5 points). Among others, 4 points rise was registered in 3 centres, 3 points in 2 centres, 2 points in 8 centres and 1 point in 10 centres. On the contrary, Chhindwara reported a decline of 5 points followed by Rourkela & Ajmer (4 points each), 3 points decline was observed in 6 centres, 2 points in 10 centres and 1 point in 12 centres. Rest of the 20? centres’ indices remained stationary.
The indices of 36 centres are above All-India Index and other 42 centres’ indices are below national average.
The next index of CPI-IW for the month of March, 2014 will be released on Wednesday, 30 April, 2014. The same will also be available on the office website www.labourbureau,gov. in.
(S.S.NEGI)
DIRECTOR
Source: Labour Bureau
[http://labourbureau.nic.in/Press_IW_FEB2014.pdf]
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COMMENTS
While the Govt.Orders regarding sanction of revised DA for the serving Govt. employees is issued promptly and effected /paid by the departments at the earliest possible time, the same zeal is not shown in respect of Pensioners. Dearness Relief orders are issued by the concerned department after a wait of 30 to 45 days AFTER the revised DA orders are issued for the serving Govt. Employees.Further, the Pension disbursing banks take another 20 days to one month to effect the same. The Pensioners Website is feeling shy to put the revised DR order on its website in time. Are Pensioners not the human beings? Are they well off and capable of fighting the inflation on their own. This should change.
with meager Pension.