Expected DA/DR is now entered in 2nd last step. All India Consumer Price Index Number (AICPIN) for Industrial Worker is
remained stationery at 253 (two hundred and fifty three) for the month of
November, 2014. Estimation of 113% with 6% increase in expected DA/DR for Central Govt Employees/Pensioner is also stationery as previous month
November-2014. CPI-IW for next two months is yet to be announced. Following table showing that estimation of 113% is constant with
9 points’ increase in CPI-IW index and with
5 point decline in next month speculate 112% of future DA/DR. Therefore
it is mostly confirm that
6% increase in future DA/DR for Central Govt. Employees/Pensioner. See the table of Expected DA/DR given below:
remained stationery at 253 (two hundred and fifty three) for the month of
November, 2014. Estimation of 113% with 6% increase in expected DA/DR for Central Govt Employees/Pensioner is also stationery as previous month
November-2014. CPI-IW for next two months is yet to be announced. Following table showing that estimation of 113% is constant with
9 points’ increase in CPI-IW index and with
5 point decline in next month speculate 112% of future DA/DR. Therefore
it is mostly confirm that
6% increase in future DA/DR for Central Govt. Employees/Pensioner. See the table of Expected DA/DR given below:
| Expect- ation |
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 |
| -4 | Dec,13 | 239 | 2786 | 232.17 | 100.56% | 100% | |
| DA/DR from July, 2014 |
-2 | Jan,14 | 237 | 2802 | 233.5 | 101.71% | 107% |
| 1 | Feb,14 | 238 | 2817 | 234.75 | 102.79% | ||
| 1 | Mar,14 | 239 | 2832 | 236 | 103.87% | ||
| 3 | Apr,14 | 242 | 2848 | 237.33 | 105.02% | ||
| 2 | May,14 | 244 | 2864 | 238.67 | 106.17% | ||
| 2 | Jun,14 | 246 | 2879 | 239.92 | 107.25% | ||
| JUL+AICPIN | 6 | Jul,14 | 252 | 2896 | 241.33 | 108.48% | 113% |
| Aug+AICPIN | 1 | Aug,14 | 253 | 2912 | 242.67 | 109.63% | |
| Sep+AICPIN | 0 | Sep,14 | 253 | 2927 | 243.92 | 110.71% | |
| Oct+AICPIN | 0 | Oct,14 | 253 | 2939 | 244.92 | 111.57% | |
| Nov+AICPIN | 0 | Nov,14 | 253 | 2949 | 245.75 | 112.29% | |
| Expected AICPIN for Dec 2014 – Expected DA/DR is constant to 113% from -4 point decline to 9 point increase |
0 | Dec,14 | 253 | 2963 | 246.92 | 113.30% | |
| 2 | Dec,14 | 255 | 2965 | 247.08 | 113.44% | 113% | |
| 8 | Dec,14 | 261 | 2971 | 247.58 | 113.88% | 113% | |
| 9 | Dec,14 | 262 | 2972 | 247.67 | 113.95% | 113% | |
| 10 | Dec,14 | 263 | 2973 | 247.75 | 114.02% | 114% | |
| -2 | Dec,14 | 251 | 2961 | 246.75 | 113.16% | 113% | |
| -4 | Dec,14 | 249 | 2959 | 246.58 | 113.01% | 113% | |
| -5 | Dec,14 | 248 | 2958 | 246.50 | 112.94% | 112% | |
| Hence expected DA/DR from Jan, 2015 is 113% |
|||||||
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]
Press Release for CPI(IW) Base 2001=100 Monthly Index Letter – NOVEMBER 2014
No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004
DATED: the 3lst December, 2014
Press Release
Consumer Price Index for Industrial Workers (CPI-1W) – November, 2014
The All-India CPI-1W for November, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between October, 2014 and November, 2014 when compared with the rise of 0.83 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 (+) 0.17 percentage points to the total change. At item level, Wheat, Rice, Moong Dal, Masur Dal, Arhar Dal, Eggs (Hen), Goat Meat, Milk (Cow), Onion, Tea (Readymade), Private Tution Fee, Flower/F lower Garlands, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Ginger, Chillies green, Vegetable items, Sugar, Petrol, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-1W stood at 4.12 per cent for November, 2014 as compared to 4.98 per cent for the previous month and 11.47 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.56 per cent against 4.48 per cent of the previous month and 16.17 per cent during the corresponding month of the previous year.
At centre level, Madurai reported an increase of 12 points followed by Chennai (11 points), Tiruchirapally (7 points), Coonoor (6 points), Salem and Coimbatore (5 points each) and Bangluru (4 points). Among others, 3 points rise was observed in 3 centres, 2 points in 7 centres and 1 point in 9 centres. On the contrary, Srinagar recorded a decrease of 6 points and Ghaziabad (5 points). Among others, 4 points fall was registered in 2 centres, 3 points in 6 centres, 2 points in 12 centres and 1 point in 19 centres. Rest of the 11 centres’ indices remained stationary.
The indices of 38 centres are above and other 39 centres’ indices are below national average. The index of Bhopal centre remained at par with all-India index.
The next index of CPI-1W for the month of December, 2014 will be released on Friday, 30 January, 2015. The same will also be available on the office website www.1abourbureau. gov. in.
(S.S. NEGI)
DIRECTOR
Source: http://labourbureau.nic.in/press_note_eng_nov_2014.pdf
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COMMENTS
Sir the figure 115.76 in calculating DA for central govt employees is not understood. Please clarify.
Dearness Allowance is calculated based on the 12 monthly average of AICPI for Industrial Workers and that the twelve monthly average as on 1.1.96 was 306.33 and on 1.1.2006 it was 536. Government converted the average of 536 which is based on the 1982 series by dividing it by 4.63, which was the linking factor for conversion of the base from 536 to 115.76. The Sixth CPC also recommended the usage of the base of 536. The Official Side pointed out that although the Sixth CPC had in its Report mentioned a base of 116 but the Government worked it out as 115.76 which has resulted in relatively higher increase in Dearness Allowance.