Friday, February 1, 2013

AICPI-IW FOR DECEMBER 2012 RELEASED BY LABOUR BUREAU


AICPI-IW FOR DECEMBER 2012 RELEASED BY LABOUR BUREAU – DA WITH EFFECT FROM JANUARY 2013 WILL BE 80%

AICPI – IW (All India Consumer price Index for industrial workers with the base as 2001=100) for the month of December 2012 has been issued by Government.

All India consumer price index AICPI-IW for the period from January 2012 to December 2012

MonthAICPI-IW
Jan 2012198
Feb 2012199
Mar 2012201
Apr 2012205
May 2012206
Jun 2012208
Jul 2012212
Aug 2012214
Sep 2012215
Oct 2012217
Nov 2012218
Dec 2012219


Estimated Dearness Allowance with effect from January 2013

From the table above you could see that all the details for calculating Dearness Allowance with effect from January 2013 i.e., All India Consumer price Index (Industrial Workers) for the months from January 2012 to December 2012 are available.
The formula for calculating Central Government Employees with effect from January of every year is as follows
Dearness Allowance with effect from 1st January every year(Average of AICPI-IW for the months from January to December of previous year – 115.76)X100/115.76
Hence, on the basis of above formula, the Dearness Allowance (DA) eligibility for all Central Government Employees and Pensioners with effect from January 2013 will be 80%. 

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