Expected Dearness Allowance from July 2014

This time there is a considerable slackening in the pace of the expected DA. It looks as if there are plenty of reasons for it.

As of March, the AICPIN has increased by one point and is at 239. The rapid increase in Consumer Price Index (IW) has been brought under control now. Election is believed to be one of the reasons for it. Since price rise and inflation are under control, there is not much of an increase in All India Consumer Price Index for Industrial Workers. With a fall in the prices of essential commodities, the AICPIN points have actually reduced.

Another reason is the reduction of AICPIN by 4 points in December 2013. The Consumer Price Index, which was steadily rising till then, slumped by 4 points. It wasn’t much of a shock then because the Additional DA for the month of January 2014 increased by 10% and had touched 100%.

The All India Consumer Price Index for Industrial Workers Base Year 2001=100, which was at 243, fell by 4 points to end up at 239. It again fell by 2 points to touch 237, thus dampening the expectations surrounding the next additional Dearness Allowance announcements. It looks highly unlikely that the AICPIN would rise by 4 points to return to its previous levels.

The table given below will easily explain you why…

Month/ Year	AICPIN (IW) Base Year 2001=100	Increased/ Decreased Points in AICPIN	Total Points Increased	Total of 12 Months	12 Months Average	% Increase over 115.763	Approximate DA	Total DA %	DA% Increase Month wise
Jan-13	221	2		2535	211.25	95.49	82.49	82	2
Feb-13	223	2		2559	213.25	97.49	84.22	84	4
Mar-13	224	1		2582	215.17	99.41	85.87	85	5
Apr-13	226	2		2603	216.92	101.16	87.38	87	7
May-13	228	2		2625	218.75	102.99	88.97	88	8
Jun-13	231	3	12	2648	220.67	104.91	90.62	90	10
Jul-13	235	4		2671	222.58	106.82	92.28	92	2
Aug-13	237	2		2694	224.5	108.74	93.93	93	3
Sep-13	238	1		2717	226.42	110.66	95.59	95	5
Oct-13	241	3		2741	228.42	112.66	97.32	97	7
Nov-13	243	2		2766	230.5	114.74	99.12	99	9
Dec-13	239	-4	8	2786	232.17	116.41	100.56	100	10
Jan-14	237	-2		2802	233.5	117.74	101.71	101	1
Feb-14	238	1		2817	234.75	118.99	102.79	102	2
Mar-14	239	1	0	2832	236	120.24	103.86	103	3
Apr-14
May-14
Jun-14

Source : 90paisa.blogspot.in

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Sara P is a Central Government Employee and founder of Zruti.blogspot.com, one of the most information blog in the world to share knowledge on Central Government Empoyees