Showing posts with label Expected DA from January 2014. Show all posts
Showing posts with label Expected DA from January 2014. Show all posts

Expected DA for January 2014 : AICPIN for the Month of December 2013.

Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2013 

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239(two hundred and thirty nine). On 1-month percentage change, it decreased by 1.65 per cent between November and December compared with the rise of 0.46 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 -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013, as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year. 

At centre level, Giridih recorded the highest decline of 12 points each followed by Ahmedabad, Chhindwara, Varanasi, Munger, Jamalpur, Nagpur and Bhavnagar (10 points each).Jamshedpur (09 points), Rourkela, Ludhiana, Tripura and Angul Talcher (08 points each) Among others, 7 points decrease was registered in 9 centres, 6 points in 8 centres, 5 points in 11 centres, 4 points in 8 centres, 3 points in 7 centres, 2 points in 9 centres and 1 point in 7 centres. On the contrary, Sholapur centre reported an increase of 4 points followed by Puducherry (2 points), Coimbatore and Srinagar centres 1 point each. Rest of the 3 centres’ indices remained stationary. 

The indices of 37 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Varanasi and Vijaywada centre remained at par with all-India index.

The next index of CPI-IW for the month of January, 2014 will be released on Friday, 28 February, 2014. The same will also be available on the office website www.labourbureau.gov.in. 

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11% 

The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014. 

This is too early and predict the enhancement in percentage of Dearness allowance with effect from January 2014. The prediction and announcement of this hike make us cool, that the additional DA will jump to 101% and another word, an additional DA would be 11%. 

But, still we have to wait for one more month, that the magic number of AICPIN would be increased by 3% and more..! From the existing level of the AICPIN is now 243, if it becomes 246 in end of December 2013, out prediction will be right…or otherwise certainly we would cross century in total Dearness allowance… 

The table describes the prediction of additional DA from Jan 2014…

Month
Year
AICPIN (IW) BY 2001=100
Points Increasing in AICPIN 
Total
Average
App. DA
DA
Jun
2013
231
3
2648
220.67
90.62
90
Jul
2013
235
4
2671
222.58
92.28
Aug
2013
237
2
2694
224.5
93.93
Sep
2013
238
1
2717
226.42
95.59
Oct
2013
241
3
2741
228.42
97.32
Nov
2013
243
2
2766
230.5
99.12
Dec
2013
Expected 246
3
2793
232.75
101.06
101


Source :
http://7thpaycommissionnews.in/expected-da-from-jan-2014-additional-da-from-jan-2014-likely-to-hike-by-11/ 

Expected DA for January 2014 : AICPIN for the Month of November 2013.

No. 5/1/2013-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT, SHIMLA-171004
DATED: the 31st December, 2013

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2013

The All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243 (two hundred and forty three). On I-month percentage change, it increased by 0.83 per cent between October and November compared with 0.46 per cent between the same two months a year ago.

Confederation sought merger of 100 percent DA with effect from Jan 2014

Confederation sought merger of 100 percent DA with effect from Jan 2014

A workshop organised by the Confederation of Central Government Gazetted Officers’ Organisations, Tamil Nadu region, has finalised the common minimum demands to be placed before the 7 Central Pay Commission, including a just and equitable pay at the entry level of Group ‘B’ officers.

Expected DA for January 2014 : AICPIN for the Month of October 2013.

Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

   According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one). On 1-month percentage change, it increased by 1.26 per cent between September and October compared with 0.93 per cent between the same two months a year ago.

   The largest upward pressure to the change in current index came from Food group contributing 2.53 percentage points to the total change. At item level, Rice, Wheat Atta, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Onion, Vegetable items, Tea Readymade, Electricity Charges, etc.. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Ginger, Petrol, putting downward pressure on the index.

Expected DA for January 2014 : AICPIN for the Month of September 2013.

Consumer Price Index Numbers for Industrial Workers (CPI-IW) September 2013

   According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for September, 2013 rose by 1 points and pegged at 238 (two hundred and thirty eight). On 1-month percentage change, it increased by 0.42 per cent between August and September compared with 0.47 per cent between the same two months a year ago.

   The largest upward pressure to the change in current index came from Miscellaneous group contributing 0.44 percentage points to the total change. At item level, Arhar Dal, Goat Meat, Dairy Milk, Milk (Cow & Buffalo), Pure Ghee, Snack Saltish, Tea Leaves, Onion, Electricity Charges, Firewood, College Fee, Secondary School Fee, Petrol, Bus Fare, Tailoring Charges etc. are responsible for the rise in index. However, this was compensated to some extent by Wheat, Groundnut Oil, Mustard Oil, Poultry, Ginger, Vegetables and Fruit items, putting downward pressure on the index.

Expected DA From Jan 2014 - Possibility Of Increase Of DA By 11%

   As per the present state DA has reached 90 %. At this juncture, Central Government Employees are eagerly waiting to know the percentage of increase in the month of Jan 2014. The DA increase in the month of Jan 2014 does have certain importance in it. Because when DA reaches 100%, there is a possibility of increase of certain allowances also simultaneously.

   As per the recent publication of AICPIN value, DA has reached the height of 93.93 % at present. During the coming four months, if the AICPIN value increases by 1point, there is a possibility of DA reaching the 100 % mark. Likewise, if the average becomes 2point, there is a chance of reaching 101 % as DA. During the ensuing four months, based on the value calculation of AICPIN, it would be possible to calculate DA accurately. Still, there is maximum possibility of increase of DA by 11 %     

   EXPECTED DA FROM JAN 2014

   IF AICPIN RISE ONE POINTS IN THE BALANCE MONTHS OF AICPIN…

Grant of Dearness Allowance at the rate of 5th CPC w.e.f. 01.07.2013.

No. 1-3/2008-E.II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 7th October, 2013.

OFFICE MEMORANDUM

Subject: Rates of Dearness Allowance applicable w.e.f. 1.7.2013 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised scale as per 5th Central Pay Commission.

   The undersigned is directed to refer to this Department’s OM. of even No. dated 2nd May, 2013 revising the Dearness Allowance in respect of employees of Central Government and Central Autonomous Bodies who continue to draw their pay and allowances in the pre-revised scales of pay as per 5th Central Pay Commission.

Grant of Dearness Relief to Central Government pensioners/family pensioners - Revisedrate effective from 1.7.2013.

F. No. 42/13/2012-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners' Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi - 110003
Date: 3rd ,Oct , 2013

OFFICE MEMORANDUM

Subject: Grant of Dearness Relief to Central Government pensioners/family pensioners - Revisedrate effective from 1.7.2013.

   The undersigned is directed to refer to this Department's OM No. 42/13/2012-P&PW(G) dated 2nd May, 2013 on the subject mentioned above and to state that the President is pleased to decide that the Dearness Relief (DR) payable to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 80 % to 90% w.e.f. 1st July, 2013.

Expected DA from January 2014 - AICPIN for the month of August 2013.

   Consumer Price index Numbers for Industrial Workers (CPI-IW) August 2013

   According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for August, 2013 rose by 2 points and pegged at 237 (two hundred and thirty seven). On 1-month percentage change, it increased by 0.85 per cent between July and August compared with 0.94 per cent between the same two months a year ago.

   The largest upward pressure to the change in current index came from Food group contributing 1.58 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta,Goat Meat, Dairy Milk, Milk (Cow & Buffalo),Onions, Chillies Green, Tea (Readymade), Firewood, Doctors Fee, Private Tution Fee. Secendory School Books, Petrol, Tailoring Charges are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Fish, Fresh Vegetables and Fruit items, putting downward pressure on the index.

Shortly DA would cross 100 percent. Once again, all allowances would enhance by 25%.

   As per the information received, unlike previous time, decision on DA would be taken by Cabinet Committee Meeting without delay. Subsequent to release of AICPIN for the month of June by Labor Bureau, Finance Ministry would send for the approval of the Cabinet for final decision on DA. After obtaining the approval, Finance Ministry would release the specific orders procedurally for disbursement of money.

   Additional DA will be paid along with the salary of this month

   The arrears for the month of July and August would also be paid. With the increase of DA by 10%, the total amount of DA would enhance and stay at 90%.

   By next year, it would cross 100%. During that period, as pointed out in the 6th Central Pay Commission, certain allowances would enhance by 25%. But, that is not the expectations of the Central Government Employees. Their requirements are merger of DA with Basic Pay.

Expected DA from January 2014 – AICPIN for the month of July 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) July 2013

   According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for July, 2013 rose by 4 points and pegged at 235 (two hundred and thirty five). On 1-month percentage change, it increased by 1.73 per cent between June and July compared with 1.92 per cent between the same two months a year ago.

   The largest upward pressure to the change in current index came from Food group contributing 1.99 percentage points to the total change. At item level, Rice, Fish Fresh, Goat Meat, Milk, Onions, Chillies Green, Potato, Tomato & other Vegetables. Electricity Charges, Firewood, Bus Fare, Petrol, etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Primary and secondary School Fees putting downward pressure on the index.

   The year-on-year inflation measured by monthly CPI-IW stood at 10.85 per cent for July, 2013 as compared to 11.63 per cent for the previous month and 9.84 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.10 per cent against 14.86 per cent of the previous month and 11.27 per cent during the corresponding month of the previous year.