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AICPIN
Showing posts with label AICPIN. Show all posts
Showing posts with label AICPIN. Show all posts

Monday, 3 February 2020

AICPIN for December 2019 - Press Release

Babloo - 02:16:00
AICPIN for December 2019 - Press Release
The All-India CPI-IW for December 2019 increased by 2 points and pegged at 330 (three hundred and thirty)
AICPIN for December 2019 - Press Release



No. 5/1/2019-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

"CLEREMONT", SHIMLA - 171004
DATED: 31st January, 2020

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - December 2019 

The AICPIN All-India CPI-IW for December 2019 increased by 2 points and pegged at 330 (three hundred and thirty). On 1-month percentage change, it increased by (+) 0.61 per cent between November and December 2019 when compared with the increase of (-) 0.33 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.87 percentage points to the total change. At item level, Onion, Jowar, Rice, Wheat & Wheat Atta, Arhar Dal, Moong Dal, Urd Dal, Mustard Oil, Egg (Hen), Fish Fresh, Goat Meat, Fresh Milk, Chillies Dry, Drum Stick, Potato, Cooking Gas, Electricity Charges, Fire Wood, Employees State Insurance (ESI) Contribution, Petrol, Flowers / Flower Garland etc. are responsible for the increase in index. However, this increase was checked by Chillies Green, Ginger, Banana, Brinjal, Cabbage, Carrot, Cauliflower, Green Coriander leaves, Guava, Lemon, Methi, Palak, Peas, Radish, Tomato, Toilet Soap, etc., putting downward pressure on the index.

Don't forget to read: Expected DA 2020 for Central Government Employees and Pensioners

Year-on-year inflation based on all-items stood at 9.63 per cent for December 2019 as compared to 8.61 per cent for the previous month and 5.24 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 12.22 per cent against 9.87 per cent of the previous month and (-) 0.96 per cent during the corresponding month of an year ago.

At centre level, Tiruchirapally observed the maximum increase of 12 points followed by Goa (11 points), Giridih and Belgaum (9 points each) and Ludhiana and Puducherry (8 points each). Among others, 7 points increase was observed in 4 centres, 6 points in 5 centres, 5 points in another 5 centres, 4 points in next another 5 centres, 3 points in 11 centres, 2 points in 12 centres and 1 point in 13 centres. On the contrary, Sholapur and Surat recorded a maximum decrease of 3 points each. Among others, 4 centres observed a fall in index by 2 points and 6 centres recorded a decline of 1 point. Rest of 5 centres indices remained stationary.

The indices of 34 centres are above All-India Index and 44 centres indices are below national average.

The next issue of CPI-IW for the month of January 2020 will be released on Friday 28th February, 2020. The same will also be available on the office website labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

Saturday, 30 November 2019

AICPIN for October 2019

Babloo - 04:36:00
AICPIN for October 2019

No. 5/1/2019-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT’, SHIMLA-171004
DATED: 29th November, 2019

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – October, 2019

The All-India CPI-IW for October, 2019 increased by 3 points and pegged at 325 (three hundred and twenty five). On 1-month percentage change, it increased by (+) 0.93 per cent between September, 2019 and October, 2019 when compared with the increase of (+) 0.33 per cent for the corresponding months of last year.

Also check: Expected DA January 2020

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.85 percentage points to the total change. At item level, Wheat, Wheat Atta, Goat Meat, Milk Buffalo, Milk Cow, Garlic, Onion, Brinjal, Cabbage, Cauliflower, Gourd, Lady’s Finger, Potato, Tomato, Torai, Cooking Gas, Electricity Charges, Medicine (Homeopathic), College Fee, Petrol, etc. are responsible for the increase in index. However, this increase was checked by Ginger, French Bean, Radish, Apple, Lemon, Orange, Bus Fare, Hair Oil, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood’ at 7.62 per cent for October, 2019 as compared to 6.98 per cent for the previous month and 5.23 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.60 per cent against 7.05 per cent of the previous month and (-) 0.95 per cent during the corresponding month of the previous year.

At centre level Varanasi and Jamshedpur observed the maximum increase of 12 points each followed by Munger-Jamalpur and Chhindwara (11 points each) and Jabalpur (9 points). Among others, 8 points increase was observed in 2 centres, 7 points in 4 centres, 6 points in 4 centres, 5 points in 12 centres, 4 points in 6 centres, 3 points in 15 centres, 2 points in 11 centres and 1 point in 10 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Tiruchirapally, Ajmer and Delhi (2 points each). Rest of the 5 centres’ indices remained stationary.

The indices of 32 centres are above All-India Index and 44 centres’ indices are below national average. The indices of Ernakulam and Warrangal centres remained at par with All-India Index.

The next issue of CPI-IW for the month of November, 2019 will be released on Tuesday, 31st December, 2019. The same will also be available on the office website www.labourbureaunew.gov.in.

Friday, 1 November 2019

AICPIN for the month of September 2019 – Labour Bureau Index Sep 2019 – CENTRAL GOVERNMENT EMPLOYEES NEWS

Babloo - 01:44:00
AICPIN for the month of September 2019 – Labour Bureau Index Sep 2019 – CENTRAL GOVERNMENT EMPLOYEES NEWS

Consumer Price Index (AICPIN) for the month of September 2019

No. 5/1/2019-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA – 171004
DATED: 31st October, 2019

Press Release

Subject: Consumer Price Index for Industrial Workers (CPI-IW) – September, 2019

The All-India CPI-IW for September, 2019 increased by 2 points and pegged at 322 (three hundred and twenty two). On 1-month percentage change, it increased by (+) 0.63 per cent between August, 2019 and September, 2019 which was static between the same two months a year back.

Also check: Expected DA Table January 2020 Calculation for Central Government Employees

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.20 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta, Coconut Oil, Groundnut Oil, Goat Meat, Dairy Milk, Milk Buffallo, Milk Cow, Pure Ghee, Chillies Dry, Garlic, Onion, Brinjal, Cauliflower, Peas, Potato, Radish, Coconut, Lemon, Sugar, Cooking Gas, Soft Coke, Under Garments, Medicine (Allopathic), Petrol, etc. are responsible for the increase in index. However, this increase was checked by Ginger, Cabbage, Carrot, French Bean, Green Coriander Leaves, Tomato, Apple, Hair Oil, Toilet Soap, etc., putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 6.98 per cent for September, 2019 as compared to 6.31 per cent for the previous month and 5:61 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.05 per cent against 5.10 per cent of the previous month and 0.00 per cent during the corresponding month of the previous year.

At centre level Bokaro, Raniganj, Mumbai, Ahmedabad and Agra observed the maximum increase of 8 points each followed by Jalandhar (7 points) and Godavarikhani (6 points). Among others, 5 points increase was observed in 3 centres, 4 points in 10 centres, 3 points in 6 centres, 2 points in 11 centres and 1 point in 19 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Chennai (3 points). Among others, 2 points decrease was observed in 2 centre and 1 point in 4 centres. Rest of the 14 centres’ indices remained stationary.

The indices of 31 centres are above All-India Index and 46 centres’ indices are below national average. The index of Ernakulam centre remained at par with All-India Index.

Check this Expected DA for Central Government Employees

The next issue of CPI-IW for the month of October, 2019 will be released on Friday 29th November, 2019. The same will also be available on the office websites www.labourbureaunew.gov.in

sd/-
(AMRIT LAL JANGID)
DEPUTY DIRECTOR

AICPIN for the month of September 2019 – Labour Bureau Index Sep 2019 – CENTRAL GOVERNMENT EMPLOYEES NEWS

Saturday, 3 August 2019

Expected Dearness Allowance 5% DA hike from July 2019 as per 7th Pay Commission for all Central Government Employees

Babloo - 06:08:00
Expected Dearness Allowance

5% DA hike from July 2019 as per 7th Pay Commission for all Central Government Employees

Confirm! DA/DR from July, 2019: 5% increase in 7th CPC DA @17% and 10% increase in 6th CPC DA @ 164%

All India Consumer Price (Industrial Workers) Index Number [CPI(IW)] for June, 2019 has released by Labour Bureau. CPI-IW for June, 2019 increased by 2 points and pegged at 316 (three hundred and sixteen). And with this increase in AICPIN the Central Govt. Employees and Pensioners will get 5% increase in Dearness Allowance with effect from July, 2019 in 7th CPC Pay structure. On the other hand employees who are drawing their pay in pre-revised 6th CPC pay structure will get 10% increase in Dearness Allowance w.e.f. July, 2019 at the rate of 164%, which is currently 154%.

As per prevailing practice this increase may be approved by the Union Cabinet in the month of September, 2019 with direction to draw the increased DA/DR from the month of October, 2019 and arrears for the month of July, August and September, 2019 may be paid at that time.

Detail calculation of DA from July, 2019 to be 17% in 7th CPC & 164% in 6th CPC pay structure with AICPIN of June-2019 is furnished in undermentioned table:-

    "Press Release of AICPIN for June, 2019 increased by 2 points and pegged at 316"

YearFromToDA %
2016JulyDecember2%
2017JanuaryJune4%
2017JulyDecember5%
2018JanuaryJune7%
2018JulyDecember9%
2019JanuaryJune12%
2019JulyDecember17%

Sunday, 2 September 2018

Expected DA From January 2019 - 3% or 4%

Babloo - 20:18:00
Expected DA From January 2019 - 3% or 4%

Consumer Price Index July 2018 & DA August 2018

Consumer Price Index Numbers for Industrial Workers on Base 2001=100. Monthly Index - July 2018 is 301 points.

There has been very big increase of 10 points in July 2018 , this increase of CPI is highest in last four years.

DA as on 1st August is 10.36%. The present DA as on 1st July 2018 is at 9%.

we can expect 3% to 4% DA on January 2019 

Source: central government staff news

Friday, 31 August 2018

AICPIN for the month of July 2018 - Expected DA Jan 2019?

Babloo - 09:00:00
AICPIN for the month of July 2018 - Expected DA Jan 2019?

AICPIN for the month of July 2018
The All India Consumer Price Index Numbers for Industrial Workers on base 2001=100 for the month of July 2018 is increased by 10 points and stands at 301.
Dearness Allowance for Central Government Employees (also Dearness Relief for Central Government Pensioners) is calculated based on All India Consumer Price Index Numbers declared by Labour Bureau under Ministry of Labour and Employment in the last day of every month.

DA and DR to existing employees and pensioners is being given twice in a year, i.e., Jan to Jun and Jul to Dec.

This year first instalment of DA and DR from January to June 2018 approved by the Cabinet Committee and waiting for Finance Ministry Notification.

aicpin-for-july-2018-Expected-DA

Saturday, 28 April 2018

Central Government Employees DA July 2018 - 9% or 10% ?

Babloo - 10:01:00
Central Government Employees DA July 2018 - 9% or 10% ?
Ministry of Labour Bureau Department released AICPIN value Mar 2018, now we can predict Expect DA July 2018, with the April 2018 AICPIN assumption value, May 2018 AICPIN assumption value and June 2018 AICPIN assumption value check examples below:-

Incase AICPIN increase by 1 point to next three month will expect DA July 2018.


Month- YearAICPIN12 Months Total12 Months AverageExpect DA
Jan-20182883388282.338.01
Feb-20182873401283.428.42
Mar-20182873413284.428.81
Apr-20182883424285.339.16
May-20182893435286.259.51
Jun-20182903445287.089.83%

Incase AICPIN increase by 2 point to next three month will expect DA July 2018.
Month- YearAICPIN12 Months Total12 Months AverageExpect DA
Jan-20182883388282.338.01
Feb-20182873401283.428.42
Mar-20182873413284.428.81
Apr-20182893425285.429.19
May-20181913438286.509.60
Jun-20182933451287.5810.02%

This is only the assumption, we have to wait until end of July 2018 to finalize the DA for Employees and Pensioners

Thursday, 29 March 2018

Expected DA July 2018: AICPIN for Feb 2018

Babloo - 09:35:00

Expected DA July 2018: AICPIN for Feb 2018

Press Release of All India Consumer Price Index for the month of February 2018 has been released by Labour Bureau on 28.3.2018. The index decreased by one point and stands at 287.

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
'CLEREMONT', SHIMLA-171004
DATED: 28th March, 2018
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - February, 2018

The All-India CPI-IW for February, 2018 decreased by 1 point and pegged at 287 (two hundred and eighty seven). On 1-month percentage change, it decreased by (-) 0.35 per cent between January and February, 2018 which was static between the two months a year back.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.87 points to the total change. At item level, Wheat & Wheat Atta, Gram Dal, Groundnut Oil, Egg (hen), Poultry (Chicken), Pure Ghee, Garlic, Onion, Brinjal, Cabbage Carrot, Cauliflower, Palak, Peas, Tomato, Sugar, Flowers/Flower Garlands. etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Goat Meat, Apple, Banana, Coconut, Tea Leaf, Bidi, Cigraette, Electricity Charges, Kerosene Oil, Medicine (Allopathic), Cinema Charges, Bus Fare, Petrol, Repair Charges, Hair Oil, Hand Bag/Brief Case, Tailoring Charges, etc., putting upward pressure on the index.

The year-on-year inflation uneasured by monthly CPI-IW stood at 4.74 per cent for February, 2018 as compared to 5.11 per cent for the previous month and 2.62 per cent during the corresponding month of the previous year. Similarly, the food inflation stood at 2.36 per cent against 3.36 per of the previous month and 1.71 per cent during the corresponding month of the previous year.
At centre level, Bokaro reported the maximum decrease of 5 points followed by Mumbai (4 points). Among others, 3 points decrease was observed in 16 centers, 2 points in 14 centres and 1 point in 16 centres. On the contrary, Coimbatore and Jamshedpur recorded a maximum increase of 4 points each followed by Lucknow, Goa and Chennai (3 points each). Among others, 2 points increase was observed in 3 centres and 1 point in 4 centres. Rest or the 18 centres indices remained stationary.
The indices of 38 centres are above All-India Index and 37 centers’ indices are below national average. The index of Varanasi, Bengaluru and Chandigarh centres remained at par with All-India Index.

The next issue of CPI-IW for the month of March, 2018 will released on Friday 27th April, 2018. The same will also be available the on the office website www.labourbureaunew.gov.in.
sd/-
(AMRIT LAL JANGID)
DEPUTY DIRECTOR
Source: http://labourbureaunew.gov.in/

Friday, 2 March 2018

AICPIN for the month of January 2018 - Expected DA July 2018

Babloo - 12:00:00

AICPIN for the month of January 2018 - Expected DA July 2018

No.5/1/2018-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
'CLEREMONT', SHIMLA-171004
DATED: 28th February, 2018
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - January, 2018

The All-India CPI-IW for January, 2018 increased by 2 points and pegged at 288 (two hundred and eighty eight). On 1-month percentage change, it increased by (+) 0.70 per cent between December, 2017 and January, 2018 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Housing group contributing (+) 3.99 percentage points to the total change. At item level, Goat Meat, Poultry (Chicken), Tea (Readymade), Pan Leaf, Doctor's Fee, Medicine (Allopathic), Cinema Charges, Bus Fare, Petrol, Flowers/Flower Garlands, etc. are responsible for the increase in index. However, this increase was checked by Rice, Wheat & Wheat Atta, Gram Dal, Eggs (Hen), Fish Fresh, Onion, Brinjal Cabbage, Carrot, Cauliflower, French Bean, Gourd, Palak, Peas, Potato, Radish, Tomato, Sugar, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.11 per cent for January, 2018 as compared to 4.00 per cent for the previous month and 1.86 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.36 per cent against 4.32 per cent of the previous month and 0.34 per cent during the corresponding month of the previous year.

At centre level, Nasik reported the maximum increase of (16 points) followed by Nagpur (11 points), Pune, Lucknow and Goa (10 points each), Kodarma and Amritsar (9 points each), and Coonoor, Agra and Chandigarh (8 points each). Among others, 7 points increase was observed in 3 centres, 6 points in 1 centre, 5 points in 5 centres, 4 points in 1 centre, 3 points in 6 centres, 2 points in 7 centres and 1 point in 8 centres. On the contrary, Quilon recorded a maximum decrease of 6 points followed by Siliguri and Madurai (5 points each). Among others, 4 points decrease was observed in 3 centres, 3 points in 7 centres, 2 points in 8 centres and 1 point in 10 centres. Rest of the 6 centres' indices remained stationary.

The indices of 36 centres are above All-India Index and 40 centres' indices are below national average. The index of Varanasi and Jabalpur centres remained at par with All-India Index. The next issue of CPI-IW for the month of February, 2018 will be released on Wednesday, 28th March, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(ANIL KUMAR NEGI)
DEPUTY DIRECTOR

Wednesday, 31 January 2018

Expected DA Jan 2018- AICPIN for the Month of Dec, 2017

Babloo - 09:19:00

Expected DA Jan 2018- AICPIN for the Month of Dec, 2017

No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU 
'CLEREMONT', SHIMLA-171004
DATED: 31st January, 2018 
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - December, 2017

The All-India CPI-IW for December, 2017 decreased by 2 points and pegged at 286 (two( hundred and eighty six). On 1-month percentage change, it decreased by (-) 0.69 per cent between November, 2017 and December, 2017 when compared with the decrease of (-) 0,72 per cent for the corresponding months of last year.

 The maximum downward pressure to the change in current index came from Food grotip contributing (-) 2.37 percentage points to the total change. At item level, Rice, Arhar Dal, Gram Dal, Groundnut Oil, Chillies Green, Brinjal, Cabbage, Carrot, Cauliflower, French Beans, Green Coriander Leaves, Methi, Palak, Peas, Potato, Radish, Tomato, Banana, Sugar, ESI Premium Contribution, Toilet Soap, etc. are responsible for the decrease in index. However, this decrease was checked by Wheat Atta, Coconut Oil, Fish Fresh, Goat Meat, Onion, Tamarind, Coconut, Electricity Charges, Firewood. Secondary School Fee, Flowers/Flower Garlands, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 4.00 per cent for December, 2017 as compared to 3.97 per cent for the previous month and 2.23 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 4.32 per cent 'against 3.91 per cent of the previous month and 0.67 per cent during the corresponding month of the previous year.

At centre level, Jamshedpur and Tiruchirapally reported the maximum decrease of (7 points each) followed by Doom Dooma Tinsukia, Siliguri, Godavarikhani and Jalpaiguri (6 points each). Among others, 5 points decrease was observed in 7 centres, 4 points in 10 centres, 3 points in 9 centres, 2 points in 21 centres and 1 point in 13 centres. On the contrary, Darjeeling recorded a maximum increase of 8 points followed by Maria' (4 points) and Srinagar (3 points). Among others, 2 points increase was observed in 2 centres and 1 point in 2 centres. Rest of the 5 centres' indices remained stationary.

The indices of 35 centres are above All-India Index and 43 centres' indices are below national average.

The next issue of CPI-IW for the month of January, 2018 will be released on Wednesday, 28th February, 2018. The same will also be available on the office website www.labourbureanew.gov.in.

Sd/-
(AMRIT LAL JANGID)
DEPUTY DIRECTOR
PIB

Friday, 29 December 2017

AICPIN for the Month of November 2017

Babloo - 10:30:00
AICPIN for the Month of November 2017

No.5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
CLEREMONT, SHIMLA-171004
DATED: 29th December, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - November, 2017


The All-India CPI-IW for November, 2017 increased by 1 point and pegged at 288 (two hundred and eighty eight). On 1-month percentage change, it increased by (+) 0.35 per cent between October, 2017 and November, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.10 percentage points to the total change. At item level, Wheat Atta, Eggs (Hen), Goat Meat, Milk (Cow), Onion, Tamarind, Bitter Gourd, Cabbage, Carrot, Coconut, Potato, Tomato, Cooking Gas, Electricity Charges, Firewood, Kerosene Oil, Private Tuition Fee, Petrol, Barber Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Fish Fresh, Poultry (Chicken), Chillies Green, Garlic, Ginger, Brinjal, Cauliflower, French Bean, Green Coriander Leaves, Methi, Palak, Radish, Apple, Banana, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month and 2.59 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.91 per cent against 2.26 per cent of the previous month and 1.66 per cent during the corresponding month of the previous year.

At centre level, Giridih reported the maximum increase of (7 points) followed by Salem and Puducherry (6 points each) and Rourkela, Sholapur, Mercara and Ghaziabad (5 points each). Among others, 4 points increase was observed in 5 centres, 3 points in 16 centres, 2 points in 13 centres and 1 point in 12 centres. On the contrary, Kolkata recorded a maximum decrease of 3 points followed by Munger-Jamalpur, Amritsar, Chandigarh and Doom Dooma Tinsukia (2 points each). Among others, 1 point decrease was observed in 7 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and 42 centres indices are below national average. The indices of Vishakhapathnam and Ghaziabad centres remained at par with All-India Index.

The next issue of CPI- IW for the month of December, 2017 will be released on Wednesday, 31st January, 2018. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRITLALJANGID)
DEPUTY DIRECTOR


PIB

Friday, 1 December 2017

Expected DA from January 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released

Babloo - 07:53:00

Expected DA from January 2018: Confirm 7th CPC DA @ 7% & Expected 6th CPC @ 143% - CPI(IW) Index of Oct, 17 released

All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of Oct, 2017 has been released yesterday by Labour Bureau and increased by 2 points and pegged at 287 (two hundred and eighty seven). With this increase 7th CPC Dearness Allowance/Dearness Relief for Central Govt Employees and Pensioner w.e.f. the month from January, 2018 will be 7% with 2% increase in July, 2017 DA/DR. On the other hand the 6th CPC DA speculated to be 143% with 4% increase in present DA Rate.

The speculation of month of Sept, 2017 while 5 points increase in All India Consumer Price (Industrial Workers) Index Number [CPI(IW)] of July, 2017 was indicating 7% 7th CPC Dearness Allowance with 2% increase & 142% 6th CPC DA with 3% increase in 6th CPC Dearness Allowance from January, 2018 has comes true after 3 months.

Only two months index is to be needed to give the calculated figure for the January, 2018 DA/DR but the confirm speculation is being given through the undermentioned table. The undermentioned speculations are checking the Expected DA by extreme up and down level of CPI(IW) Number. A major ups and down in index will give the confirm 7% 7th CPC DA and a minor change will give variation in 6th CPC DA as 142% or 143%. Have a look on expected DA table:




Expected DA from Jan 2018: ACPIN (IW) for Oct, 2017 released - 2 Points increased


No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

'CLEREMONT’, SHIMLA-171004
DATED: 30th November, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) - October, 2017

The All-India CPI-IW for October, 2017 increased by 2 points and pegged at 287 (two hundred and eighty seven). On l-month percentage change, it increased by (+)0.70 per cent between September, 2017 and October, 2017 when compared with the increase of (+) 0.36 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.94 percentage points to the total change. At item level, Rice, Milk (Buffalo), Onion, Bitter Gourd, Brinjal, Cabbage, Cauliflower, Carrot, Gourd, Coconut, French Beans, Green Coriander Leaves, Lady’s Finger, Parval, Potato, Tomato, Torai, Cigarette, Cooking Gas, Doctor’s Fee, Cinema Charges, Repair Charges, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was checked by Arhar Dal, Fish Fresh, Poultry (Chicken), Chillies Green, Peas, Apple, Banana, Orange, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 3.24 per cent for October, 2017 as compared to 2.89 per cent for the previous month and 3.35 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.26 per cent against 1.30 per cent of the previous month and 2.99 per cent during the corresponding month of the previous year.

At centre level, Darjeeling and Tiruchirapally reported the maximum increase of (10 points each) followed by Munger-Jamalpur (8 points) and Puducherry (7 points). Among others, 6 points increase was observed in 2 centres, 5 points in 8 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 19 centres and 1 point in 14 centres. On the contrary, Mercara recorded a maximum decrease of 4 points. followed by Goa and Bhavnagar (3 points each). Among others, 2 points decrease was observed in l centre and 1 point in another 6 centres. Rest of the 6 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and 43 centres'  indices are below national average. The indices of Madurai and Amritsar centres remained at par with All-India Index.

The next issue of CPHW for the month of November, 2017 will be released on Friday, 29th December, 2017. The same will also be available on the office website www.labourbureaunew. gov. in.
(AMRIT LAL JANGID)
DEPUTY DIRECTOR


PIB

Monday, 11 September 2017

Expected DA from January 2018 - DA would be 3% ?

Babloo - 09:14:00
Expected DA from January 2018 -  DA would be 3% ?

We have calculated the expected DA from January 2018 with different Scenarios, but most of the calculations comes around only 3 percent increase, lets us see the scenarios here

Scenario 1
In case the AICPIN value increase by 3 point for next FIVE months (example AUG 288, SEP 291, OCT 294, NOV 297, DEC 300,), then DA would be 3% (8.81-5 =3)



Scenario 2
In case the AICPIN value increase by 3 point for next FIVE months (example AUG 289, SEP 293, OCT 297, NOV 301, DEC 305) then DA would be 4% (9.28-5 =4)

EXPECTED-da-jan-2018-AICPIN

Tuesday, 28 February 2017

AICPIN for the month January 2017

Babloo - 09:00:00

AICPIN for the month January 2017

Consumer Price Index for Industrial Workers (CPI-IW) for the month of January 2017.

The Labour Bureau today published the statistical index of CPI-IW for the calculation purpose of Dearness Allowance and Dearness Relief for the existing and retired employees of Central Government. This Consumer Price Index also used for the calculation of Dearness Allowance for Workmen and Officers Employees in Banks.

The All-India CPI-IW for January 2017 decreased by one point and stood at 274.

For more details, Click the link to view the Press Release

Saturday, 7 January 2017

DA from January 2017 will be 4% or 5% - Dearness Allowance Estimation

Babloo - 10:35:00

DA from January 2017 will be 4% or 5% - Dearness Allowance Estimation

DA from January 2017 will be 4% or 5% based on Consumer Price Index (Industrial Workers) from January 2016 to December 2016 - Net increase in DA with effect from January 2017 is estimated to be 2% or 3%

All India Consumer Price Index (Industrial Workers) for the month of November 2016 has been released by Ministry of Labour few days back.

What do we need for estimating DA from January 2017 ?

After implementation of 7th Pay Commission report, same inflation index i.e Consumer Price Index (Industrial Workers) with base year 2001=100, which was used for 6th Pay Commission Pay, is adopted for determining Dearness Allowance of Central Government Employees and Pensioners.
The only difference in DA calculation as far as DA from January 2016 will be, will be taking the Average of CPI-IW recorded in 2015 in the place of Average of CPI-IW recorded in 2005 which was used in 6th CPC DA calculation

Dearness Allowance payable after implementation of 7th Pay Commission= (Avg of CPI-IW for the past 12 months - Average of CPI-IW recorded in 2015)*100/(Average of CPI-IW recorded in 2015)

In order to determine DA with effect from January 2017, based on the above formula we need Consumer Price Index for the months from January 2016 to December 2016

Now that Consumer Price Index for the months from January 2016 to November 2016 is available, we have made an attempt to estimate Dearness Allowance applicable to Central Government Employees and Pensioners with effect from 1st January 2016, by assuming the possible CPI (IW) for the month of December 2016.
MonthActual AICPI-IW
Jan-2016269
Feb-2016267
Mar-2016268
Apr-2016271
May-2016275
Jun-2016277
Jul-2016280
Aug-2016278
Sep-2016277
Oct-2016278
Nov-2016277
Dec-2016Yet to be released

Estimation of DA from 1st January 2017:

Scenario 1 : No increase in AICPI (IW) in December 2016

AICPI (IW) for November 2016 is 277. If AICPI (IW) for December 2016 remains the same as November 2016, there will be additional 1% increase in DA from January 2017 which would make overall DA as 5%.

DA with effect from 1st January 2017= [ (269+267+268+271+
275+277+280+278+
277+278+277+277)/12]-(261.4)
X100/261.4
= 5 %

Scenario 2: Decrease in AICPI (IW) in December 2016
Even if All India Consumer Price Index (Industrial Workers) decreases by 31 point and pegged at 246 in the month of December 2016, DA from January 2017 will be 4% . At the same time even for 1 point decrease in the index for December 2016 will result in lesser DA increase from January 2017 compared to Sceanrio 1 in which index is unaltered in Dec 2016.
DA with effect from 1st January 2017= [ (269+267+268+271+
275+277+280+278+
277+278+277+246)/12]-(261.4)
X100/261.4
= 4 %
DA with effect from 1st January 2017= [ (269+267+268+271+
275+277+280+278+
277+278+277+276)/12]-(261.4)
X100/261.4
= 4 %

Scenario 3 : Increase in AICPI (IW) in December 2016

It is very interesting to note here that, even for increase in consumer price index in the month of December up to 31 points, i.e Increase in AICPI (IW) for December 2016 to 308 points from 277 points in November 2016, DA from January 2017 will be 5% only.

DA with effect from 1st January 2017= [ (269+267+268+271+
275+277+280+278+277+
278+277+308)/12]-(261.4)
X100/261.4
= 5 %

The other scenario that increase of more than 31 points in AICPI (IW) in the month of December 2016 for making DA with effect from January 2017 more than 5% is most unlikely.

Hence, it is more logical to conclude that DA from January 2017 will be either 4% or 5%.

Friday, 2 December 2016

AICPIN for October 2016

Babloo - 08:53:00
AICPIN for October 2016 : All-India Average Consumer Price Index Numbers for Industrial Workers (Base 2001=100)


Item General Index
Jan-16 269
Feb-16 267
Mar-16 268
Apr-16 271
May-16 275
Jun-16 277
Jul-16 280
Aug-16 278
Sep-16 277
Oct-16 278
Nov-16
Dec-16
Average

Friday, 30 September 2016

DA Calculation with AICPIN: Labour Bureau released Index for August 2016

Babloo - 19:21:00
DA Calculation with AICPIN: Labour Bureau released Index for August 2016

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

CPI(IW) Base 2001=100 Monthly Index Letter : August 2016

Month / Year CPI(IW)
JANUARY 2016 269
FEBRUARY 2016 267
MARCH 2016 268
APRIL 2016 271
MAY 2016 275
JUNE 2016 277
JULY 2016 280
AUGUST 2016 278

The All India CPI-IW for August, 2016 decreased by 2 points and pegged at 278 (two hundred and seventy eight). On 1 month percentage change, it decreased by (-) 0.71 per cent between July, 2016 and August, 2016 when compared with the increase of (+) 0.38 per cent between the same two months a year ago.

Authority: http://labourbureau.nic.in/

Friday, 29 April 2016

AICPIN for the month of March 2016

Babloo - 09:30:00
AICPIN for the month of March 2016

Consumer Price Index for Industrial Workers (CPI-IW) – March, 2016

The All-India CPI-IW for March, 2016 increased by 1 point and pegged at 268 (two hundred and sixty eight). On 1-month percentage change, it increased by (+) 0.37 per cent between February, 2016 and March, 2016 when compared with the decrease of (+) 0.40 per cent between the same two months a year ago.

More details awaited…
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