Expected DA 6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released

Expected DA: 6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released

The 6% hike in DA/DR from January, 2015 with total 113% is now FINAL after release of December, 2014 AICPIN.  All Central Government Employees & Pensioner are now eligible to get 6% hike in current DA/DR which is 107%.  All India Consumer Price Index Number (AICPIN) for Industrial Worker is remained stationery at 253 (two hundred and fifty three) for the month of December, 2014.   The additional installment of 6% DA/DR from January, 2015 will be approved by the Govt. in the month of March, 2015 and the arrears of the month from January to March, 2015 will be paid in the staring of next financial year i.e. April, 2015.
The Final table is for calculation of DA/DR for the month from January, 2015 is given below:-

Expect-
ation
Increase/

Decrease

Index

Month Base

Year

2001

100

Total

of 12

Months

Twelve

monthly

Average

% increase

over 115.76

for   DA

DA

announced

or will be

announced

-4 Dec,13 239 2786 232.17 100.56% 100%
DA/DR from
July, 2014
-2 Jan,14 237 2802 233.5 101.71% 107%
1 Feb,14 238 2817 234.75 102.79%
1 Mar,14 239 2832 236 103.87%
3 Apr,14 242 2848 237.33 105.02%
2 May,14 244 2864 238.67 106.17%
2 Jun,14 246 2879 239.92 107.25%
JUL+AICPIN 6 Jul,14 252 2896 241.33 108.48% 113%
Aug+AICPIN 1 Aug,14 253 2912 242.67 109.63%
Sep+AICPIN 0 Sep,14 253 2927 243.92 110.71%
Oct+AICPIN 0 Oct,14 253 2939 244.92 111.57%
Nov+AICPIN 0 Nov,14 253 2949 245.75 112.29%
Dec+AICPIN 0 Dec,14 253 2963 246.92 113.30%

Dearness Allowance/Relief from January, 2015 will be

You may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF 

Press Release for CPI(IW) Base 2001=100 Monthly Index Letter – DECEMBER 2014

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

 ‘CLEREMONT’, SHIMLA-171004
DATED: the 30th January, 2015

 Press Release

Consumer Price Index for Industrial Workers (CPHW) – December, 2014

The All-India CPHW for December, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between November, 2014 and December, 2014 when compared with the decrease of (-) 1.65 per cent between the same two months a year ago.

The largest downward pressure to the change in current index came from Food group contributing (-) 1.09 percentage points to the total change. At item level, Coconut Oil, Poultry (Chicken), Chillies Green, Ginger, Onion, Vegetable & Fruit items, Sugar, Petrol, etc. are responsible for the decrease in index. However, this decrease was restricted to some extent by Rice, Wheat, Wheat Atta, Arhar Dal, Masur Dal, Moong Dal, Mustard Oil, Fish Fresh,’Goat Meat, Eggs (Hen), Dairy Milk, Milk (Cow & Buffalo), Tea (Readymade), Cigarette, Electricity Charges, Firewood, E.S.I. Contribution, Cable Charges, Private Tuition Fee, Taxi Fare, Barber Charges, Flower/F lower Garlands, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPHW stood at 5.86 per cent for December, 2014 as compared to 4.12 per cent for the previous month and 9.13 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.73 per cent against 2.56 per cent of the previous month and 11.49 per cent during the corresponding month of the previous year.

At centre level, Kodarma reported a maximum decrease of 12 points followed by Ranchi Hatia (7 points), Tripura (6 points) and Varanasi & Agra (5 points each). Among others, 4 points fall was observed in 5 centres, 3 points in 4 centres, 2 points in 18 centres and 1 point in 16 centres. On the contrary, Bhilwara & Tiruchirapally recorded maximum increase of 5 points each followed by Mumbai & Puduchery (3 points each). Among others, 2 points rise was registered in 5 centres and 1 point in 9 centres. Rest of the 12 centres’ indices remained stationary.

The indices of 38 centres are below and other 39 centres’ indices are above national average. The index of Varanasi centre remained at par with all-India index.

The next index of CPI-1W for the month of January, 2015 will be released on Friday, 27 February, 2015. The same will also be available on the office website www. labourbureau. gov. in.

sd/-
(S.S. NEGI)
DIRECTOR

Source: http://labourbureau.nic.in/press%20note%20eng%20dec%202014.pdf

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