Expected DA from July 2014 - AICPIN for April 2014
AICPIN Points on the Ascent Again!
Previously,
it was announced that the AICPIN points for the month of April will be
released on the 30th. But the Labour Bureau and PIB didn’t release the
statistics of AICPIN on that day. Instead of releasing the detailed
information transparently in their official websites, the departments
chose to unveil the number with an air of secrecy. We had managed to
find the number and had published them. Countless people had benefitted
from it (Press Release given below).
The
Consumer Price Index (IW), which was on a huge decline in the months of
November and December 2013. The number stood at 239 in December 2013,
but fell two points to 237 in January 2014. In the following days, it
rose steadily by a point each month. This time, the AICPIN number rose
by 3 points to now stand at 242. As a result there is a high probability
that the next Additional Dearness Allowance could be a substantial
one.
Like we said before, we believe there are
chances that it could change from 6% to 7% this time. But, a concrete
answer depends on the AICPIN numbers for the next two months.
The below table is clearly indicate the movement of AICPIN with increasing additional Dearness allowance month wise…
AICPIN for the month of April 2014 begged at 242
| Month/ Year | AICPIN (IW) Base Year 2001=100 | Increased/ Decreased Points in AICPIN | Total Points Increased | Total of 12 Months | 12 Months Average | % Increase over 115.763 | Approximate DA | Total DA % | DA% Increase Month wise |
| Jan-14 | 237 | -2 | 2802 | 233.5 | 117.74 | 101.71 | 101 | 1 | |
| Feb-14 | 238 | 1 | 2817 | 234.75 | 118.99 | 102.79 | 102 | 2 | |
| Mar-14 | 239 | 1 | 2832 | 236 | 120.24 | 103.86 | 103 | 3 | |
| Apr-14 | 242 | 3 | 3 | 2848 | 237.33 | 121.57 | 105.02 | 105 | 5 |
Source: 90paisa.blogspot.in
[http://90paisa.blogspot.in/2014/06/aicpin-points-on-ascent-again.html]
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