Expected DA DR from July 2015: AICPIN released for Feb, 2015

Speculation of DA/DR from July, 2015 on the basis of AICPIN of Feb, 2015 is
again not possible.  The 1 point decline in Feb, 2015 AICPIN after 1 point increase in Jan, 2015
and 4 months stationary AICPIN subsequently is showing uncertain change in
AICPIN, thus the exact expectation of future increase/decrease in AICPIN is tough.
However three situations are given in undermentioned table, is showing minimum 117%
to nearabout 119% future DA/DR from Jul-2015. Readers are requested not to take it final and study the following table.  On the other hand the approval of 6% increase in Dearness Allowance & Dearness Relief from Jan, 2015 is also pending at govt. side,
all are waiting for announcement. Further, the estimation of two installment of DA/DR from Jan-2015 & Jul-2016 is important for expected pay and allowances in 7th CPC.

Following table only showing the effect of Feb-2015 months’ AICPIN increase

No. 5/1/2015- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’, SHIMLA-l71004

DATED: the 31st March, 2015

Press Release

The All-India CPI-1W for February, 2015 decreased by 1 point and pegged at 253 (two hundred and fifty three). On 1-month percentage change, it decreased by 0.39 per cent between January, 2015 and February, 2015 when compared with the increase of (+) 0.42 per cent between the same two months a year ago. 

The maximum downward pressure to the change in current index came from Food group contributing (-) 0.66 percentage points to the total change. At item level, Rice, Eggs (Hen), Fish Fresh, Onion, Vegetable items, Sugar, Petrol, Flower/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was neutralised by Wheat, Wheat Atta, Arhar Dal, Groundnut Oil, Goat Meat, Tea (Readymade), etc., putting upward pressure on the index. 

The year-on-year inflation measured by monthly CPI-1W stood at 6.30 per cent for February, 2015 as compared to 7.17 per cent for the previous month and 6.73 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.42 per cent against 7.81 per cent of the previous month and 7.56 per cent during the corresponding month of the previous year.

At centre level, Tiruchirapally recorded the highest decline of 7 points followed by Guntur (4 points), Mysore, Chhindwara Siliguri and Puducherry (3 Points each) Among others, 2 points decrease was observed in 15 centres and 1 point in 18 centres. On the contrary, Belgaum and Kodarma centres reported a highest increase of 3 points each followed by Kanpur, Bokaro and Doom-Dooma Tinsukia (2 points each). Among others 1 point increase was observed in 13 centres. Rest of the 21 centres’ indices remained stationary.

The indices of 37 centres are above All India Index and other 40 centres’ indices are below national average. The index of Vishakhapathnam centre remained at par with all-India index.

The next index of CPI-1W for the month of March, 2015 will be released on Thursday, 3oth April, 2015. The same will also be available on the office website www.1obourbureau. gov. in.

(S.S. NEGI)

DIRECTOR