Expected Dearness Allowance from July, 2013 will be 90%: Hike in future DA - 10% now confirmed after May, 2013 AICPIN
According the press release the All-India CPI-IW for April, 2013 rose by 2 points and pegged at 226 (two hundred and twenty six). This two point increase confirmed 10% increase in Dearness Allowance from July, 2013 as already expected on this site click here to see. Therefore DA from July, 2013 will be 90% and will be announced in September or October in this year. It is also more clear from following table:-
PIB Release of CPI-IW
Press Information Bureau
Government of India
Ministry of Labour & Employment
31-May-2013 18:07 IST
Consumer Price Index Numbers for Industrial Workers (CPI-IW) April 2013
According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for April, 2013 rose by 2 point and pegged at 226 (two hundred and twenty six). On 1-month percentage change, it increased by 0.89 per cent between March and April compared with 1.99 per cent between the same two months a year ago.
The largest upward contribution to the change in current index came from Food group which increased by 2.08 per cent, contributing 2.07 percentage points to the total change. This was followed by Fuel & Light group with 0.91 percent increase contributing 0.12 percentage points to the change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Arhar Dal, Milk (Cow), Ginger, Root & Green Non-leafy vegetables, Tea Leaf, Tea (Readymade), Snack Saltish, Cigaratte, Electricity Charges, Medicine (Allopathic) etc. However, this was compensated by Mustard Oil and Petrol putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 10.24 per cent for April, 2013 as compared to 11.44 per cent for the previous month and 10.22 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 12.39 per cent against 13.21 per cent of the previous month and 10.66 per cent during the corresponding month of the previous year.
At centre level, Mysore recorded the largest increase of 13 points followed by Giridih, Bengaluru and Puducherry (8 points each) and Darjeeling (7 points). Among others, 6 points rise was registered in 6 centres, 5 points in 2 centres, 4 points in 7 centres, 3 points in 15 centres, 2 points in 17 centres and and 1 point in 13 centres. On the contrary, a decline of 4 points was reported in Godavarikhani, 2 points in 4 centres and 1 point in one centre. Rest of the 7 centres’ indices remained stationary.
The indices of 40 centres are above All-India Index and other 35 centres’ indices are below national average. The index of Chandigarh, Haldia and Ahmedabad centres remained at par with all-India index.
The next index of CPI-IW for the month of May, 2013 will be released on Friday, 28 June, 2013. The same will also be available on the office website www.labourbureau.gov.in.
According the press release the All-India CPI-IW for April, 2013 rose by 2 points and pegged at 226 (two hundred and twenty six). This two point increase confirmed 10% increase in Dearness Allowance from July, 2013 as already expected on this site click here to see. Therefore DA from July, 2013 will be 90% and will be announced in September or October in this year. It is also more clear from following table:-
PIB Release of CPI-IW
Press Information Bureau
Government of India
Ministry of Labour & Employment
31-May-2013 18:07 IST
Consumer Price Index Numbers for Industrial Workers (CPI-IW) April 2013
According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for April, 2013 rose by 2 point and pegged at 226 (two hundred and twenty six). On 1-month percentage change, it increased by 0.89 per cent between March and April compared with 1.99 per cent between the same two months a year ago.
The largest upward contribution to the change in current index came from Food group which increased by 2.08 per cent, contributing 2.07 percentage points to the total change. This was followed by Fuel & Light group with 0.91 percent increase contributing 0.12 percentage points to the change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Arhar Dal, Milk (Cow), Ginger, Root & Green Non-leafy vegetables, Tea Leaf, Tea (Readymade), Snack Saltish, Cigaratte, Electricity Charges, Medicine (Allopathic) etc. However, this was compensated by Mustard Oil and Petrol putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 10.24 per cent for April, 2013 as compared to 11.44 per cent for the previous month and 10.22 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 12.39 per cent against 13.21 per cent of the previous month and 10.66 per cent during the corresponding month of the previous year.
At centre level, Mysore recorded the largest increase of 13 points followed by Giridih, Bengaluru and Puducherry (8 points each) and Darjeeling (7 points). Among others, 6 points rise was registered in 6 centres, 5 points in 2 centres, 4 points in 7 centres, 3 points in 15 centres, 2 points in 17 centres and and 1 point in 13 centres. On the contrary, a decline of 4 points was reported in Godavarikhani, 2 points in 4 centres and 1 point in one centre. Rest of the 7 centres’ indices remained stationary.
The indices of 40 centres are above All-India Index and other 35 centres’ indices are below national average. The index of Chandigarh, Haldia and Ahmedabad centres remained at par with all-India index.
The next index of CPI-IW for the month of May, 2013 will be released on Friday, 28 June, 2013. The same will also be available on the office website www.labourbureau.gov.in.
