Friday, November 16, 2012

Central Government staffs may get 8% D.A. from January 2013

Central Government staffs may get 8% D.A. from January 2013

As we are in the halfway mark of calculating D.A. effective from 01.01.2013, let us try to predict it based on current trend. The AICPI-IW No. for three months , i.e. July, Aug, Sep 2012 is punlished by the labour bureau. It is respectively 212,214 and 215. Based on current situation, if we assume that inflation will remain same and the next three months figure remains static at 215, the total D.A. will be 80% of pay as on 01.01.2013.
 
If the figure increases 1 point each in the coming three months, the D.A. will still be 8%.
 
If the figure increases 2 point each in the coming three months, the D.A. will then be be 9%, which is not very likely.
 
So we predict a 8% rise in D.A. for Central Govt. employees with effect from January 2013.
 

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