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Expected Dearness Allowance
Showing posts with label Expected Dearness Allowance. Show all posts
Showing posts with label Expected Dearness Allowance. Show all posts

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%

Saturday, 29 June 2019

5% DA increase from July 2019 confirmed for Central Government Employees. 12% becomes 17% due to high inflation

Babloo - 00:31:00
5% DA increase from July 2019 confirmed for Central Government Employees. 12% becomes 17% due to high inflation

AICPIN May 2019 Two Points Increase - Expected DA Fixed at Next Level

All India Consumer Price Index for the month of May 2019 has been released by the Labour Bureau on 28th of this month and the CPI(IW) index has jumped to 314 by adding of two points, due to the pressure from Food Group index. At item level, Wheat Atta, Arhar Dal, Groundnut Oil, Poultry (Chicken), Milk Buffallo, Chillies Green, Garlic, Ginger, Onion, Banana, Brinjal, Carrot, French Bean, Green Coriander Leaves, Lemon, Potato, Tomato, Electricity Charges, Medicine­ Allopathic, etc. are responsible for the increase in index.

Out of 6 months of AICPIN needs to calculate the Dearness allowance and Dearness relief, we received 5 months statistics only. The 5th month i.e. May 2019 index is increased 2 points is remarkable. Along with the increase, the percentage of additional dearness allowance from july 2019 is kept in next level.

MONTHAICPINDA%
Jan-1930713.39
Feb-19 30714.02
Mar-1930914.73
Apr-1931215.49
May-1931416.29
Jun-19314 (Expected)17.02 (Expected)

After 7th Pay Commission implementation, this is the highest percentage in additional allowance for Central Government employees, Civil and Defence Pensioners and Family Pensioners.

5% of additional Dearness Allowance and Dearness Relief may increase from July 2019 to all central civil and defence pensioners and family pensioners with minimum amount of Rs.450 per month.

7th CPC Dearness Allowance Rates 

Date from which payableDA %
1st July 201917% (Expected)
1st Jan 201912%
1st July 20189%
1st Jan 20187%
1st July 20175%
1st Jan 20174%
1st July 20162%
1st Jan 2016

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

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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