Expected DA 2020 - AICPIN for the month of March 2020 is decreased by two points from the existing level of 328

Expected DA 2020

AICPIN for the month of March 2020 is decreased by two points from the existing level of 328

The Dearness allowance calculation process with effect from 1st July 2020 is moved to the third stage with a 23.36 percentage increase.

Month/Year	AICPIN	12 Months Total	12 Months Average	% Increase over 115.763	App. DA%
Jan-20	330	3832	319.33	57.91	22.15
Feb-20	328	3853	321.08	59.66	22.82
Mar-20	326	3870	322.50	61.08	23.36

The CPI would be more likely to increase in the coming months for manufacturing employees. The DA estimation percentage can also be big!

Press Release

No. 5/1/2020-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

'CLEREMONT', SHIMLA-171004
DATED: 30th April, 2020

Press Release Consumer Price Index for Industrial Workers (CPI-IW) - March, 2020

The All-India CPI-IW for March, 2020 decreased by two points and stood at 326 (three hundred and twenty six). On 1-month percentage change, it went down by (-) 0.61 per cent between January and February, 2020 compared to (+) 0.65 per cent increase between corresponding months of previous year.

Also check: AICPIN for the month of January 2020 - Expected DA from July 2020 - Central Government Employees News

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.28 percentage points to the total change. At item level, Onion, Garlic, Poultry Chicken, Eggs-Hen, Brinjal, Cabbage, Carrot, Drum Stick, French Bean, Potato, Tomato, Petrol, Flowers/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was checked by Wheat, Grinding Charges, Moong Dal, Goat Meat, Fish Fresh, Milk-Buffalo, Pure Ghee, Tamarind, Gourd, Parval, Apple, Coconut, HOt Drink-Tea (Readymade), Cooking Gas, etc., putting upward pressure on the index.

Year-on-year inflation based on tall-items stood at 5.50 per cent for March, 2020 as compared to 6.84 per cent for the previous month and 7.67 per cent during the corresponding month of the previous year. Similarly, Food inflation stood at 6.67 per cent against 8.33 per cent of the previous month and 3.96 per cent during the corresponding month an year ago.

Also check: PIL Filed for Central Government Employees Freezing DA in Supreme Court

At centre level, Tiruchirapally, Vishakhapathnam and Salem recorded the maximum decrease of 8 points each followed by Mysore (7 points) and Bengaluru, Coimbatore and Madurai (6 points each). Among others, 5 points decrease was observed in 5 centres, 4 points in another 5 centres, 3 points in 6 centres, 2 points in 11 centres and 1 point in 10 centres. On the contrary, Rajkot, Lucknow and Kodarma recorded a maximum increase of 5 points each followed by Goa (4 points). Among others, 3 points increase was observed in 3 centres, 2 points in another 3 centres and 1 point in 5 centres. Rest of 19 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and 45 centres’ indices are below national average.

The next issue of CPI-IW for the month of April, 2020 will be released on Friday 29th May, 2020. The same will also be available on the office website www.labourbureaunew.gov.in.

(AMRIT LAL JANGID)
DEPUTY DIRECTOR

4% DA hike to Central Government employees is confirmed as from 1 January 2020

4% DA hike to Central Government employees is confirmed as from 1 January 2020

The Consumer Price Index for Industrial Workers, according to a press release issued by the Labor Bureau, increased by 2 points and pegged at 330
 
Now there is an average of 12 months of AICPIN available for calculating the DA from January 2020.

As per the approved Dearness Allowance rate calculation formula, the DA will be increased by 4 per cent from January 1st, 2020.

For impact from 1.1.2020, the DA rate will increase from the current 17 per cent to 21 per cent. For this DA hike the Central Government must grant its approval. In the second week of March 2020, the Union cabinet must approve the plan to increase DA from 1 January 2020

Check the Expected DA 2020 for Central Government Employees

The Ministry of Finance will subsequently issue an order for payment DA to central government employees and DR to pensioners with effect from 1.1.2020

It appears that AICPIN does not have anything to do with the January 2020 rate DA. But it will provide momentum to the July 2020 Expected DA to reach a level that will affect DA indexed Allowances.

Check the Press Release

4% DA hike to Central Government employees is confirmed as from 1 January 2020

4% DA hike to Central Government employees is confirmed as from 1 January 2020

The Consumer Price Index for Industrial Workers, according to a press release issued by the Labor Bureau, increased by 2 points and pegged at 330
 
Now there is an average of 12 months of AICPIN available for calculating the DA from January 2020.

As per the approved Dearness Allowance rate calculation formula, the DA will be increased by 4 per cent from January 1st, 2020.

For impact from 1.1.2020, the DA rate will increase from the current 17 per cent to 21 per cent. For this DA hike the Central Government must grant its approval. In the second week of March 2020, the Union cabinet must approve the plan to increase DA from 1 January 2020

Check the Expected DA 2020 for Central Government Employees

The Ministry of Finance will subsequently issue an order for payment DA to central government employees and DR to pensioners with effect from 1.1.2020

It appears that AICPIN does not have anything to do with the January 2020 rate DA. But it will provide momentum to the July 2020 Expected DA to reach a level that will affect DA indexed Allowances.

Check the Press Release