AICPI-IW for Sep-12 released – Likely increase in DA from Jan 2013 is 8%

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of  September, 2012  stood at 215 (two hundred and fifteen).

If the index continues to be same for the remaining 3 months of the year then the expected increase in DA/DR from 01 Jan  2013 will be 8% taking the total DA/DR payable to 80%.

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Expected DA from 01January 2013 : AICPIN for the month of July 2012

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of July, 2012 increased by 4 points and stood at 212 (two hundred and twelve).

If the same trend continues for the remaining 5 months of the year (or even if it goes down by a point or  two in those months) then the expected increase in DA/DR from 01 Jan  2013 will be 7% taking the total DA/DR payable to 79%.

Anticipated 7% increase in DA/DR effective from 01.07.2012

With the Labour Bureau, GOI, notification of AICPI for the month Jan, Feb, Mar, Apr & May 2012 as 198, 199, 201, 205 & 206 respectively and if the AICPI touches even 203 in Jun 2012, then we can anticipate an increase of  7% in DA/DR payable to Central Govt Employees and Pensioners, effective from 01 Jul 2012.

The total DA/DR payable in that case will rise to 72%, from the existing 65%.

DA/DR payable with effect from 01 Jan 2012 will be 65%

Labour Bureau, Government of India has announced the All India Consumer Price Index for Industrial Workers ( AICPI-IW) for the month of December 2011 as 197.  With this announcement, the DA/DR payable effective from 01 Jan 2012 will be 65%, an increase of 7% over the 58% DA/DR being paid now.

The official announcement by the Government for eligible DA/DR rate for central government employees/ pensioners respectively, with effect from 1.1.2012 can be expected in the month of March-2012.

It is now certain that DA/DR effective from 01 Jan 2012 will be 65%

With the announcement of  AICPIN for the month of October and November 2011 as 198 &199 respectively, it is now certain that the DA/DR payable to Central Government employees and pensioners effective from 01 Jan 2012 will increase by 7% taking  the total DA/DR payable  to 65%. Even if the AICPIN rises  upto 204 for the month of Dec 2011, the increase will be only 7%.