Monday, November 11, 2013

Expected DA/DR from January, 2014 will be 100%:

As per announcement of Sept, 2013 AICPIN

All-India CPI-IW for September, 2013 rose by 1 point and pegged at 238 (two hundred and thirty eight). According to this increase, Dearness Allowance for Central Government Employees & Dearness Relief for CG Pensioner may be raised to 100% from January, 2014.  

This increase and present economic scenario are making less possibility that the DA/DR for Jan, 2014 may not cross 100% or may stop at 99%.  The minimum requirement for expected DA/DR from January, 2014 to reach 99% or 100% or 101% is explained in table given below:-
Expect-ationIncrease/ Decrease IndexMonthBase Year 2001 = 100Total of 12 MonthsTwelve monthly Average% increase over 115.76 for   DADA announced or will be announced

1Dec,122192512209.3380.83%80%
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July, 2013
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2Jan,132212535211.2582.49%90%
2Feb,132232559213.2584.22%
1Mar,132242582215.1785.87%
2Apr,132262603216.9287.38%
2May,132282625218.7588.97%
3Jun,132312648220.6790.62%
Jul AICPIN4Jul,132352671222.5892.28%100%
Aug AICPIN2Aug,132372694224.5093.94%
Sep AICPIN1Sep,132382717226.4295.59%
1st -mininmum requirement  for 100%0Oct,132382738228.1797.10%
1Nov,132392759229.9298.61%
1Dec,132402780231.67100.13%
Expected DA/DR from January, 2014
2nd-mininmum requirement  for 101%3Oct,132412741228.4297.32%101%
2Nov,132432766230.5099.12%
3Dec,132462793232.75101.06%
Expected DA/DR from January, 2014
3rd-mininmum requirement   for 99%0Oct,132382738228.1797.10%99%
0Nov,132382758229.8398.54%
1Dec,132392778231.5099.98%
Expected DA/DR from January, 2014