Expected DA from January 2013 will be more than 80%
Expectation of future Dearness Allowance from January, 2013 before formal announcement of DA from July, 2013 is not fair. But 4 points jump in CPI-IW for the month of July, 2012 giving expectation for DA 80% or more from January 2013.
All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for July, 2012 showing increase in 4 points and stood at 212 (Two hundred & twelve). If we expect only 1 point increase in this index for every month the Dearness Allowance for Central Government Employee will touch 80% in January, 2013. In view of draught, petro price etc. we expect more monthly increase in Index and similarly in future DA. Please go through the following calculation:-
Expected Dearness Allowance DA for Jan, 2013 calculated as under:
Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76
Month
|
Base Year 2001 = 100
|
Total of 12 Months
|
Twelve monthly Average
|
% increase over 115.76 for DA
|
DA announced or will be announced
|
Dec-11
|
197
|
2298
|
191.50
|
65.43%
|
65%
|
Jan-12
|
198
|
2308
|
192.33
|
66.15%
|
Feb-12
|
199
|
2322
|
193.50
|
67.16%
|
72%
|
Mar-12
|
201
|
2338
|
194.83
|
68.31%
|
Apr-12
|
205
|
2357
|
196.42
|
69.68%
|
May-12
|
206
|
2376
|
198.00
|
71.04%
|
Jun-12
|
208
|
2395
|
199.58
|
72.41%
|
Jul-12
|
212
|
2414
|
201.17
|
73.78%
|
Aug-12
|
213
|
2433
|
202.75
|
75.15%
|
80%
|
Sep-12
|
214
|
2450
|
204.17
|
76.37%
|
Oct-12
|
215
|
2467
|
205.58
|
77.59%
|
Nov-12
|
216
|
2484
|
207.00
|
78.82%
|
Dec-12
|
217
|
2504
|
208.67
|
80.26%
|
Jan-13
|
Expected DA from January, 2013
|
|