Tuesday, November 1, 2011

ALL INDIA CONSUMER PRICE INDEX UPTO SEP 2011 IS 197- DA raise ?


Government has released the All India Consumer Price Index for Industrial Workers (AICPI-IW) for the month of September 2011.  As on September 2011, the price Index stands at 197.

The official press release of the Government in this regard as published in press information Bureau is reproduced below
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of September, 2011 increased by 3 points and stood at 197 (one hundred & ninety seven) .
The month wise AICPI is given below  for  calculating  the  DA due   upto  Sep. 2011:-

Jan.2011- 188   Feb 2011-185   Mar.2011- 185  April 2011-186  May 2011- 187  June 2011-189
July 2011- 193 Aug.2011- 194  Sep.2011-197

The indices in respect of the six major centers are as follows :
1. Ahmedabad193
2. Bangalore197
3. Chennai175
4. Delhi182
5. Kolkata193
6. Mumbai199

The All-India (General) point to point rate of inflation for the month of September, 2011 is 10.06% as compared to 8.99% in August, 2011. Inflation based on Food Index is 8.29% in September, 2011 as compared to 7.33% in August, 2011.


Our Note:-  For the AICPI  points raised upto Sep.2011 viz. 197,  the DA raise would be 65%. Even  if  it falls  on any eventuality by  195   till Dec. 2011,    the  DA raise  would be 64%. Our  presumption during the past never  failed.   Let  us see.   Hope  for the best.