Showing posts with label Expected DA from Jan 2014. Show all posts
Showing posts with label Expected DA from Jan 2014. Show all posts

Tuesday, September 9, 2014

7% DA from July 2014 – Prompt decision is worth appreciating..!

7% DA from July 2014 – Prompt decision is worth appreciating..!
The Centre has announced an additional 7% DA hike for the Central Government employees and Pensioners from July 2014.

Usually, agendas for central government employees’ DA hike are presented at the Cabinet meeting only on the third or fourth Thursdays of the month. There are times when these decisions were made during the last cabinet meeting of the season. Sometimes, these decisions are not made even during the last meeting and are taken up only during special meeting or at critical times.

On the 4th of this month, out of the blue, the Government announced a 7% DA hike. The cabinet’s announcement gives a positive conclusion to the relentless waiting of the past few weeks.

DA is calculated twice a year (from January to June, and from July to December) based on the changes in the Consumer Price Index (IW) BY 2001=100. The AICPIN numbers of the month are released by the Labour Bureau the following month.

In the month of August, the Labour Bureau sends the AICPIN data for the months of January to July, to the Finance Ministry. Based on the data, the Finance Ministry calculates the DA hike and the additional expense likely to be incurred, and presents the findings and reports towards the end of August to the Cabinet for its approval. The final decision is made in the month of September. This is the usual procedure.

Irrespective of the date of the Cabinet approval in the month of September, the DA hikes are calculated and given along with the salary for the month of September. Increase for the month of July and August are calculated and given as arrears to the employees and pensioners too.

Although 7% hike has been confirmed already, the prompt decision is worth appreciating!

Source : www.cgstaffnews.in

Thursday, March 27, 2014

Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.1.2014 - Finance Ministry Orders Issued

Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.1.2014 - Finance Ministry Orders Issued

No.1/1/2014-F-II (B)
Government of India
Ministry of Finance
Department of Expenditure


North Block, New Delhi
Dated: 27th March. 2014
OFFICE MEMORANDUM

Subject: Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.1.2014.

The undersigned is directed to refer to this Ministry’s Office Memorandum No.I-8/2013-E-II (B) dated 25th September, 2013 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 90% to 100% with effect from January, 2014.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No.1(3)/2008-E-11(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. The payment of arrears of Dearness Allowance shall not he made before the date of disbursement of salary of March. 2014.

5. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will he issued by the Ministry of Defence and Ministry of Railways, respectively.

6. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

sd/-
(A.Bhattacharya)
Under Secretary to the Government of India
Source: www.finmin.nic.in
[http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/da01012014.pdf]

Friday, February 28, 2014

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS


The Union Cabinet today approved to increase in  Dearness Allowance by 10% to Central Government employees.

The rate of Dearness allowance shall be enhanced from the existing rate of 90% to 100%.

Revised rates effective from 1.1.2014.

Finance Ministry will publish detailed orders regarding this issue within this month.

Saturday, February 22, 2014

Merger of Dearness allowance: AIRF Demanding Merger of 100% Dearness Allowance with Basic Pay

Merger of Dearness allowance: AIRF Demanding Merger of 100% Dearness Allowance with Basic Pay

 All India Railwaymen's Federation publishes the press statement regarding the merger of Dearness allowance with basic pay. The federation demanding merger of 100% Dearness allowance with basic pay for all purposes with effect from 1.1.2014.

The text of the press release has been reproduced and given below for your information...
Press Release of AIRF on Merger of Dearness Allowance and Announcement of Dearness Allowance w.e.f 01.01.2014.

PRESS RELEASE

New Delhi: February 21, 2014 - All India Railwaymen’s Federation(AIRF) has addressed the issue of merger of 100% Dearness Allowance with Basic Pay for all purposes w.e.f. 01.01.2014 to Hon’ble Prime Minister of India and the Finance Minister, Government of India, as Dearness Allowance will cross 100%. Unfortunately, there is no heed to this issue despite agitations at length over the Indian Railways by the AIRF.

It is also unfortunate that due 10% Dearness Allowance w.e.f. 1st

January, 2014 has still not been announced by the Government of India.

AIRF earnestly requests the Government of India to immediately announce Dearness Allowance w.e.f. 1st January, 2014 all along with merger of 100% Dearness Allowance with Basic Pay.

For General Secretary
All India Railwaymen’s Federation
Source: AIRF
New Delhi: February 21, 2014 - All India Railwaymen’s Federation(AIRF) has addressed the issue of merger of 100% Dearness Allowance with Basic Pay for all purposes w.e.f. 01.01.2014 to Hon’ble Prime Minister of India and the Finance Minister, Government of India, as Dearness Allowance will cross 100%. Unfortunately, there is no heed to this issue despite agitations at length over the Indian Railways by the AIRF.

It is also unfortunate that due 10% Dearness Allowance w.e.f. 1st

January, 2014 has still not been announced by the Government of India.

AIRF earnestly requests the Government of India to immediately announce Dearness Allowance w.e.f. 1st January, 2014 all along with merger of 100% Dearness Allowance with Basic Pay.


For General Secretary
All India Railwaymen’s Federation


Source: AIRF

Friday, January 31, 2014

Expected AICPIN for December 2013 – Expected DA Jan 2014

Expected AICPIN for December 2013 – Expected DA Jan 2014

 ‘Expected DA from Jan 2014′ will be an end and the last and final calculation is waiting for CPI(IW) December 2013. Consumer Price Index(IW) for the month of December 2013 will be announced today or tomorrow by the Labour Bureau.

All we know that AICPIN is the magic number for the calculation of Dearness allowance. Especially, this is the last factor to decided for the purpose of additional Dearness allowance to Central Government Employees and Pensioners from January 2014.

CPI(IW) Base Year 2001=100, if possible the index move from the existing level of 243 to 246 then the additional DA from Jan 2014 will be fixed at 11%. But, the chances are very less.

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers alos decreased by 12 points for the month of December 2013. Anyhow, certainly the additional Dearness allowance will be fixed at the level of 10%. So, the total Dearness allowance will become as 100%.

Finally the DA hits century..!

Source: www.7thpaycommissionnews.in
[http://7thpaycommissionnews.in/expected-aicpin-for-december-2013-expected-da-jan-2014/]

Central Dearness Allowance for Jan'14 and Bank D.A. from Feb'14 will be known today (31.01.2014)

Central Dearness Allowance for Jan'14 and Bank D.A. from Feb'14 will be known today (31.01.2014)

With the scheduled release of AICPIN No. for December 2013 by Labour Bureau, the actual increase in Dearness Allowance for Central Govt. employees from 01.01.2014 and Bank employees from Feb to April 2014 can be calculated today. Usually the data is released in the evening. It is anticipated earlier that Central employees are going to get 10% increase and Bank employees to get 34 slabs hike in D.A.

As the central D.A. pattern is followed by most of the state Govt.s , everybody is waiting to know the final calculation.

Source: www.paycommissionupdate.blogspot.in
[http://paycommissionupdate.blogspot.in/2014/01/central-da-for-jan14-and-bank-da-from.html]

Monday, January 6, 2014

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11% 
 
The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014. 
 
This is too early and predict the enhancement in percentage of Dearness allowance with effect from January 2014. The prediction and announcement of this hike make us cool, that the additional DA will jump to 101% and another word, an additional DA would be 11%. 

But, still we have to wait for one more month, that the magic number of AICPIN would be increased by 3% and more..! From the existing level of the AICPIN is now 243, if it becomes 246 in end of December 2013, out prediction will be right…or otherwise certainly we would cross century in total Dearness allowance… 
 
The table describes the prediction of additional DA from Jan 2014:

Month Year AICPIN (IW) BY 2001=100 Points Increasing in AICPIN  Total Average App. DA DA
Jun201323132648220.6790.6290
Jul201323542671222.5892.28 
Aug201323722694224.593.93 
Sep201323812717226.4295.59 
Oct201324132741228.4297.32 
Nov201324322766230.599.12 
Dec 2013 Expected 24632793232.75101.06101

Source : www.7thpaycommissionnews.in
[http://7thpaycommissionnews.in/expected-da-from-jan-2014-additional-da-from-jan-2014-likely-to-hike-by-11/]

Wednesday, January 1, 2014

Expected DA from Jan 2014 - AICPIN for the month of November 2013

Expected DA from Jan 2014 - AICPIN for the month of November 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243(two hundred and forty three). On 1-month percentage change, it increased by 0.83 per cent between October and Novembert compared with 0.46 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.23 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta Milk, Pure Ghee, Garlic, Potato, Tomato and other vegetable items, Tea Readymade etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Fish Fresh, Poultry, Onion, Ginger, Electric Charges, Medicine (Allopathic), Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.47 per cent for November, 2013, as compared to 11.06 per cent for the previous month and 9.55 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 16.17 per cent against 15.02 per cent of the previous month and 10.85 per cent during the corresponding month of the previous year.

At centre level, Bokaro recorded the highest increase of 11 points each followed by Giridih, Kodarma and Angul-Talcher (9 points each), Munger-Jamalpur (8 points) and Rourkela, Sholapurand Raniganj (7 points each). Among others, 6 points rise was registered in 5 centres, 5 points in 5 centres, 4 points in 8 centres, 3 points in 15 centres, 2 points in 14 centres and 1 point in 12 centres. On the contrary, Surat centre reported a decline of 6 points followed by Amritsar, Bhavnagar and Vadodara (4 points each), Coonoor and Nagpur (2 points each) and Ahmedabad centre I point. Rest of the 4 centres’ indices remained stationary.

The indices of 40 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Tiruchirapally centre remained at par with all-India index.

The next index of CPI-IW for the month of December, 2013 will be released on Thursday, 31 January, 2014.

Source: www.labourbureau.gov.in

Saturday, December 14, 2013

Expected DA from Jan 2014 - AICPIN for the month of October 2013

Expected DA from Jan 2014 - AICPIN for the month of October 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

Press Information Bureau
Government of India
Ministry of Labour & Employment

29-November-2013 18:49 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one). On 1-month percentage change, it increased by 1.26 per cent between September and October compared with 0.93 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.53 percentage points to the total change. At item level, Rice, Wheat Atta, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Onion, Vegetable items, Tea Readymade, Electricity Charges, etc.. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Ginger, Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.06 per cent for October, 2013 as compared to 10.70 per cent for the previous month and 9.60 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 15.02 per cent against 13.36 per cent of the previous month and 9.91 per cent during the corresponding month of the previous year.

At centre level, Bhavnagar recorded the highest increase of 9 points each followed by Ahmedabad, Labac Silchar and Kodarma (8 points each) and Vadodara and Surat (7 point each). Among others, 6 points rise was registered in 8 centres, 5 points in 10 centres, 4 points in 8 centres, 3 points in 9 centres, 2 points in 10 centres and 1 point in 11 centres. On the contrary, Belgaum and Chhindwada centres reported a decline of 3 points each followed by Mercara (2 points) and Salem, Hubli Dharwar and Puducherry (1 point each). Rest of the 15 centres’ indices remained stationary.

The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average.

The next index of CPI-IW for the month of November, 2013 will be released on Tuesday, 31 December, 2013.

Source: www.labourbureau.gov.in

Friday, December 6, 2013

Expected IDA Increase From January 2014 for PSU Employees

Expected IDA Increase From January 2014 for PSU Employees

 The Expected IDA w.e.f. 01-January-2014 may increased by 4.5% to 5.8% i.e upto from 90.0% to 91.3% depends upon the Average All India Consumer Price Index Number (Industrial Worker) of the months September-2013, October-2013 & November-2013.

The  AICPI of the months Sep'13, Oct'13 &Nov'13 will be declared on 31-October-2013 & 29-November-13 &31-December-2013 respectively. The  AICPI of the months Sep'13 & Oct'13 are 238 & 241 as it is declared on 31-October-2013 & 29-November-2013 respectively. Even if there is no increase in AICPI , there will be IDA Increase by 4.5%. The actual IDA will be declared on 31-December-2013.

AICPI of Sep'13: 238

AICPI of Oct'13: 241

Top 10 Projections:

S.N.Expected CPI of Nov'13Avg. CPI ProjectedProjectedIDA (%)Projected IDA Increase (%)
1240239.6789.74.2
2241240904.5
3242240.3390.24.7
4243240.6790.55
524424190.85.3
6245241.33915.5
7246241.6791.35.8
824724291.66.1
9248242.3391.86.3
10249242.6792.16.6

Source : www.idapsu.blogspot.in
[http://idapsu.blogspot.in/2013/07/expected-ida-from-october-2013.html]

Friday, November 29, 2013

AICPIN FOR THE MONTH OCT 2013 ROSE BY 3 POINT(241)

AICPIN FOR THE MONTH OCT 2013 ROSE BY 3 POINT(241)
Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one). On 1-month percentage change, it increased by 1.26 per cent between September and October compared with 0.93 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.53 percentage points to the total change. At item level, Rice, Wheat Atta, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Onion, Vegetable items, Tea Readymade, Electricity Charges, etc.. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Ginger, Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.06 per cent for October, 2013 as compared to 10.70 per cent for the previous month and 9.60 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 15.02 per cent against 13.36 per cent of the previous month and 9.91 per cent during the corresponding month of the previous year.

At centre level, Bhavnagar recorded the highest increase of 9 points each followed by Ahmedabad, Labac Silchar and Kodarma (8 points each) and Vadodara and Surat (7 point each). Among others, 6 points rise was registered in 8 centres, 5 points in 10 centres, 4 points in 8 centres, 3 points in 9 centres, 2 points in 10 centres and 1 point in 11 centres. On the contrary, Belgaum and Chhindwada centres reported a decline of 3 points each followed by Mercara (2 points) and Salem, Hubli Dharwar and Puducherry (1 point each). Rest of the 15 centres’ indices remained stationary.

The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average.

The next index of CPI-IW for the month of November, 2013 will be released on Tuesday, 31 December, 2013. The same will also be available on the office website www.labourbureau.gov.in.

Source: PIB

Tuesday, October 1, 2013

Expected DA from Jan 2014 - AICPIN for the month of August 2013

Expected DA from Jan 2014 - AICPIN for the month of August 2013
Expected DA from Jan 2014 - AICPIN for the month of August 2013 updated in the official portal of Labour Bureau...

Two points raised in the important statistics of Consumer Price Index for Industrial Workers for the month of August, 2013. A press release has been issued by the Labour Bureau yesterday that the CPI (IW) Base Year 2001=100 has raised from 235 to 237 in the end of August 2013.

Accordance with the AICPIN, the calculation of 'expected da from Jan 2013' is moved to one more step that as follows...

Month
Year
AICPIN for July
AICPIN for August
Difference
Increasing in DA
August
2013
235
237
2
93.93


Labour Bureau,
Government of India

Press Release


Consumer Price Index Numbers for Industrial Workers on Base 2001=100
 
JULY 2013AUGUST 2013
235237
 
Consumer Price Index for Industrial Workers (CPI-IW) - August, 2013

Source: www.ekanews.blogspot.in
[http://ekanews.blogspot.in/2013/10/expected-da-from-jan-2014-aicpin-for.html]

Friday, September 20, 2013

Shortly DA would cross 100 %. Once again, all allowances would enhance by 25%

Shortly DA would cross 100 %. Once again, all allowances would enhance by 25%

As per the information received, unlike previous time, decision on DA would be taken by Cabinet Committee Meeting without delay. Subsequent to release of AICPIN for the month of June by Labor Bureau, Finance Ministry would send for the approval of the Cabinet for final decision on DA. After obtaining the approval, Finance Ministry would release the specific orders procedurally for disbursement of money.

Additional DA will be paid along with the salary of this month.

The arrears for the month of July and August would also be paid. With the increase of DA by 10%, the total amount of DA would enhance and stay at 90%.

By next year, it would cross 100%. During that period, as pointed out in the 6th Central Pay Commission, certain allowances would enhance by 25%. But, that is not the expectations of the Central Government Employees. Their requirements are merger of DA with Basic Pay.

Towards this matter, Central Government has briefed on many occasions in the Parliament.

At present, Central Government is thinking of bringing change in the AICPIN calculation system. In which way, this would pose impairment can not be ascertained at present. Not only the Central Government Employees but also the State Government employees anticipate the announcement of increase of DA percentage. This has become an eager expectations of more than a crore of employees.

As per the last 5th Central Pay Commission recommendations, once the DA crosses 50%, that has to be merged with Pay. But it is a sorrowful affair that such type of recommendation is not made in the 6th Central Pay Commission.

Instead of this, the recommendation for enhancement of some allowances by 25%, given, which would not be sufficient.

The expectation of the Central Government Employees is merger of DA with basic pay once it crosses 100%.

Whether this expectation would materialize?

The allowances which are going to by hiked are as given below:

1. Children Education Allowance including Hostel Subsidy, etc.

2. Special Allowance

3. Cash Handling Allowance

4. Washing Allowance

5. Split Duty Allowance

6. Bad Climate Allowance

7. Special Compensatory (Remote Locality) Allowance

8. (a) All components of Daily allowance on tour,
    (b) Mileage Allowances for road and bicycle journeys on tour

9. Special Compensatory (Hill Area) Allowance

10. Special Comp. Scheduled Tribal Area Allowance

11. Project Allowance

12. Fixed Conveyance Allowance

13. Cycle Maintenance Allowance

14. Special Allowance for Child care for women with disabilities

15. (a) Advance for purchase of Bicycle
      (b) warm Clothing Advance
      (c) Festival Advance
      (d) Natural Calamity Advance

16. Desk Allowance

Source: http://employeesorders.com

Wednesday, September 18, 2013

Expected DA from Jan 2014 – Rates of Children Education Allowance may be revised again…!

Expected DA from Jan 2014 – Rates of Children Education Allowance may be revised again…!

All Central Government Employees and Pensioners are expecting to hear the announcement of hike in the Dearness allowance by 10% from July 2013.

The Union Cabinet Committee may take the agenda point for approval on DA in the next meeting, which will be held on 19.9.2013 (Thursday).

Following the approval on DA, the total DA will go upto 90% and the DA may cross 100% very soon..!

As per the recommendations of 6th CPC,  particular allowances will be increased by 25% every time the Dearness allowance payable on revised pay scales goes up by 50%. Therefore, once again the allowances, including Children Education Allowance will be increased by 25%, when the DA crosses 100%.

There is a slight confusion in the calculation of 25% in increasing Children Education Allowance from Rs.1000 or Rs.1250. Ofcourse, there is lot of time to discuss and decide the calculation factor..!

Source : www.ekanews.blogspot.in
[http://ekanews.blogspot.in/2013/09/expected-da-from-jan-2014-rates-of.html]

Tuesday, September 17, 2013

Expected DA from Jan 2014 - AICPIN for the month of July 2013

 Expected DA from Jan 2014 - AICPIN for the month of July 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). On 1-month percentage change, it increased by 1.73 per cent between June and July compared with 1.92 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato & other Vegetables. Electricity Charges, Firewood, Bus Fare, Petrol, etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Primary and secondary School Fees putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July, 2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year.

At centre level, Giridih recorded the highest increase of 16 points each followed by Kodarma (11 points), Durgapur (10 points) and Jharia, Surat, Ghaziabad and Godavarikhani (9 points each). Among others, 8 points rise was registered in 7 centres, 7 points in 6 centres, 6 points in 10 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 6 centres, and 1 point in five centres. On the contrary, Faridabad reported a decline of 6 points followed by Madurai (5 points), Coonoor (3 points), Tiruchirapally (2 points) and 5 other centres by 1 point each. Rest of the 7 centres’ indices remained stationary.

The indices of 38 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Jabalpur and Ghaziabad centre remained at par with all-India index.

The next index of CPI-IW for the month of August, 2013 will be released on Monday, 30 September, 2013. The same will also be available on the office website www.labourbureau.gov.in.

Source : PIB News

Sunday, September 8, 2013

Expected DA : Cabinet Committee may approve in this week

Govt to hike DA by 10%; benefit 80 lakh employees and pensioners

New Delhi: Ahead of festival season, Central Government will this month announce a hike in dearness allowance to 90 percent from existing 80 percent, benefiting about 50 lakh central employees and 30 lakh pensioners.

According to official source, dearness allowance hike will be 10 percent and would be effective from July 1, this year.

The sources further said the exact amount of dearness allowance, as a proportion of basic pay, works out to over 90 percent after factoring in the revised all India Consumer Price Index for Industrial Workers (CPI-IW) for June.

According to revised data released on August 30, retail inflation for factory workers for June stood at 11.63 percent, higher than provisional estimate of 11.06 percent for the month released on July 31.

Sources said that since the revised estimate for the month of June is available, the Finance Ministry would soon prepare a proposal for the purpose for seeking Union Cabinet nod.

They further said the proposal will be moved this month.

There would be a double digit hike in DA after about three years. It was last in September, 2010, that the government had announced a hike of 10 percent to be given with effect from July 1, 2010.

DA was hiked to 80 percent from 72 percent in April, 2013, effective from January 1, this year.

As per the practice, the government uses CPI-IW data for past 12 month or a year to arrive at a number for the purpose of any DA hike. Thus, the retail inflation for industrial workers between July, 2012 to June 2013 will be used to take a final decision.

Source : PTI News

Sunday, September 1, 2013

CALCULATION OF DA (DEARNESS ALLOWANCE) FOR THE MONTH OF JULY 2013

CALCULATION OF DA (DEARNESS ALLOWANCE) FOR THE MONTH OF JULY 2013

Expected DA from Jan 2014 :- Calculation of Dearness allowance for Central Govt Employees and Pensioners for the month of July, 2013, after releasing the AICPIN for July by the Labour Bureau...

The below table denotes how to calculate the Dearness allowance with All India Consumer Price Index as per the norms recommended by 6th CPC.

Month
Year
Base Year
2001=100
Total
Average
App. DA
DA
May
2008
139
1613
--
--
--
June
2008
140
1623
135.25
16.84
16
July
2008
143
1634
--
--
--
Aug
2008
145
1646
--
--
--
Sep
2008
146
1659
--
--
--
Oct
2008
148
1673
--
--
--
Nov
2008
148
1687
--
--
--
Dec
2008
147
1700
141.67
22.38
22
Jan
2009
148
1714
--
--
--
Feb
2009
148
1727
--
--
--
Mar
2009
148
1738
--
--
--
Apr
2009
150
1750
--
--
--
May
2009
151
1762
--
--
--
June
2009
153
1775
147.92
27.78
27
July
2009
160
1792
149.33
29.00
---
Aug
2009
162
1809
150.75
30.23
---
Sep
2009
163
1826
152.17
31.45
---
Oct
2009
165
1843
153.58
32.67
---
Nov
2009
168
1863
155.25
34.11
---
Dec
2009
169
1885
157.08
35.70
35
Jan
2010
172
1909
159.08
37.42
---
Feb
2010
170
1931
160.92
39.01
---
Mar
2010
170
1953
162.75
40.59
---
Apr
2010
170
1973
164.42
42.03
---
May
2010
172
1994
166.17
43.54
---
Jun
2010
174
2015
167.92
40.05
45
July
2010
178
2033
169.42
46.35
---
August
2010
178
2049
170.75
47.50
---
Sep
2010
179
2065
172.08
48.65
---
Oct
2010
181
2081
173.42
49.81
---
Nov
2010
182
2095
174.58
50.81
---
Dec
2010
185
2111
175.92
51.97
51
Jan
2011
188
2127
177.25
53.12
---
Feb
2011
185
2142
178.50
54.20
---
Mar
2011
185
2157
179.75
55.28
---
Apr
2011
186
2173
181.08
56.43
---
May
2011
187
2188
182.33
57.51
---
Jun
2011
189
2203
183.58
58.59
58
July
2011
193
2218
184.83
59.67
---
August
2011
194
2234
186.17
60.82
---
Sep
2011
197
2252
187.67
62.12
---
Oct
2011
198
2269
189.08
63.34
---
Nov
2011
199
2286
190.50
64.56
---
Dec
2011
197
2298
191.50
65.43
65
Jan
2012
198
2308
192.33
66.15
---
Feb
2012
199
2322
193.50
67.15
---
Mar
2012
201
2338
194.83
68.31
---
Apr
2012
205
2357
196.42
69.67
---
May
2012
206
2376
198.00
71.04
---
Jun
2012
208
2395
199.58
72.41
72
Jul
2012
212
2414
201.17
73.78
---
August
2012
214
2434
202.83
75.22
---
Sep
2012
215
2452
204.33
76.51
---
Oct
2012
217

2471

205.92

77.88

---

Nov
2012
218

2490

207.50

79.25

---

Dec
2012
219

2512
209.33

80.83

80

Jan
2013
221

2535
211.25

82.49

---

Feb
2013
223

2559
213.25

84.22

---

Mar
2013
224

2582
215.17

85.87

---

Apr
2013
226

2603
216.92

87.38

---

May
2013
228

2625
218.75

88.97

---

Jun
2013
231

2648
220.67

90.62

90

Jul
2013
235

2671
222.58

92.28

 

Source: http://90paisa.blogspot.in/2013/08/calculation-of-dearness-allowance-for.html

Friday, August 30, 2013

Expected DA from Jan 2014 - AICPIN for the month of July 2013

Expected DA from Jan 2014 - AICPIN for the month of July 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). On 1-month percentage change, it increased by 1.73 per cent between June and July compared with 1.92 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato & other Vegetables. Electricity Charges, Firewood, Bus Fare, Petrol, etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Primary and secondary School Fees putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July, 2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year.

At centre level, Giridih recorded the highest increase of 16 points each followed by Kodarma (11 points), Durgapur (10 points) and Jharia, Surat, Ghaziabad and Godavarikhani (9 points each). Among others, 8 points rise was registered in 7 centres, 7 points in 6 centres, 6 points in 10 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 6 centres, and 1 point in five centres. On the contrary, Faridabad reported a decline of 6 points followed by Madurai (5 points), Coonoor (3 points), Tiruchirapally (2 points) and 5 other centres by 1 point each. Rest of the 7 centres’ indices remained stationary.

The indices of 38 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Jabalpur and Ghaziabad centre remained at par with all-India index.

The next index of CPI-IW for the month of August, 2013 will be released on Monday, 30 September, 2013. The same will also be available on the office website www.labourbureau.gov.in.

Source : PIB News

4 point rise in July, 2013 AICPIN: DA for Jan, 2014 may reach 100%

4 point rise in July, 2013 AICPIN: DA for Jan, 2014 may reach 100%

All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). According to this increase Dearness Allowance for Central Government Employees & Dearness Relief for CG Pensioner confirmed to be 98% from January, 2014.  This increase and present economic scenario are also indicating that the DA/DR for Jan, 2014 may reach 100%.  This time the DA/DR from July, 2013 is yet to be announced by govt and as per previous trend  it will be announced in third week of September, 2013. See following table for thee different situation to Expected DA/DR for Jan, 2014 :-

ExpectationIncrease/ Decrease IndexMonthBase Year 2001 = 100Total of 12 MonthsTwelve monthly Average% increase over 115.76 for   DADA announced or will be announced
1Dec-122192512209.3380.83%80%
DA/DR from July, 2013 @ 90% is yet to be announced. 2Jan-132212535211.2582.49%90%
2Feb-132232559213.2584.22%
1Mar-132242582215.1785.87%
2Apr-132262603216.9287.38%
2May-132282625218.7588.97%
3Jun-132312648220.6790.62%
4Jul-132352671222.5892.28%100%
1st Expection Min 2 point in two next month2Aug-132372694224.5093.94%
2Sep-132392718226.5095.66%
0Oct-132392740228.3397.25%
0Nov-132392761230.0898.76%
0Dec-132392781231.75100.20%
Expected DA/DR from January, 2014
2nd Expectation minimum 1 point in every month and 2 point in any one month1Aug-132362693224.4293.86%100%
2Sep-132382716226.3395.52%
1Oct-132392738228.1797.10%
1Nov-132402760230.0098.69%
1Dec-132412782231.83100.27%
Expected DA/DR from January, 2014
3rd Expectation: Point 1 in every month1Aug-132362693224.4293.86%99%
1Sep-132372715226.2595.45%
1Oct-132382736228.0096.96%
1Nov-132392757229.7598.47%
1Dec-132402778231.5099.98%
Expected DA/DR from January, 2014

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

Monday, August 5, 2013

Expected DA: DA from July, 2013, 10% hike likely to announce in September - Confederation demanding 50% merger

Expected DA: DA from July, 2013, 10% hike likely to announce in September - Confederation demanding 50% merger


Govt likely to announce 10% DA hike next month

Government uses CPI-IW data for past 12 month or a year to arrive at a number for the purpose of any DA hike

The government is likely to announce a hike in dearness allowance to 90% from existing 80% in September, benefiting about 50 lakh central employees and 30 lakh pensioners ahead of the festival season.

According to official sources, the preliminary assessment suggests that dearness allowance hike will be in the range of 10-11% and would be effective from July 1 this year.

He said the exact number could be calculated only when the revised all India Consumer Price Index for Industrial Workers (CPI-IW) for the month of June will be released on August 30.

According to the provisional data released by government on July 31, the retail inflation for factory workers for the month of June stood at 11.06%, higher than 10.68% in May this year.

As per the practise, the government uses CPI-IW data for past 12 month or a year to arrive at a number for the purpose of any DA hike. Thus, the retail inflation for industrial workers between July, 2012 to June 2013 would be used to take final call on the matter.

"It would be around 10% this time and would be announced in September," Confederation of Central Government Employees Secretary General K K N Kutty told PTI.

"Besides, raising DA to 90%, the government should merge 50% of the allowance with the basic pay as was our demand. DA breached 50% benchmark long ago", he said.

As per the practise, the DA is merged with basic pay when it breaches the 50% mark. DA merger helps employees as their other allowances are paid as a proportion of basic pay.

Kutty said, "This DA hike won't help much as actual rise in the cost of living is 171% since January 1, 2011."

There would be a double digit hike in DA after about three years. It was last in September, 2010 that the government had announced a hike of 10% to be given with effect from July 1, 2010.

DA was hiked to 80% from 72% in April, 2013, effective from January 1, this year.

Source: http://www.business-standard.com

Now Trending

34% DA Order for Central Govt Employees wef 01.01.2022 - Latest CG Employees DA Order Jan 2022

 DA Order for Central Government Employees from Jan 2022 - Finmin Order 2022 Latest CG Employees DA Order Jan 2022 Dearness Allowance payabl...

Disclaimer:

All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. Our blog "Central Government Staff news" accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.

Links to other websites that have been included on this blog are provided for public convenience only.

The blog "Central Government Staff news" is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.

Any suggestions write to us
centralgovernmentnews@gmail.com