Saturday, December 1, 2012

DA from January 2013 - 80% or 81% not 82%

cgenewstools@gmail.com | 11:31 AM |

Expectation of future Dearness Allowance from January, 2013 on the basis of 2 points jump in CPI-IW for the month of October, 2012 giving 50-50 expectation for DA  80% or 81%  means an increase of 8% or 9% as the Dearness Allowance has been announced 72% from July, 2013.  All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for October, 2012 showing increase in 1 point and stood at 217 (Two hundred and seventeen).  The different expectations of DA from January, 2013 are illustrated below:- 

Expectation-1
If it is expected only 1 point increase in this index for coming two months the Dearness Allowance for Central Government Employee will confirm 80% in January, 2013:

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 annonced
Jul-12
212
2414
201.17
73.78%
72%
Aug-12
214
2434
202.83
75.22%
80%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
218
2490
207.50
79.25%
Dec-12
219
2512
209.33
80.83%
Jan-13
Expected DA from January 2013


Read more at: http://karnmk.blogspot.com/2012/11/expected-da-from-january-2013-80-or-81.html

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