Tuesday, November 04, 2014
Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014
Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014
Expected DA from Jan 2015 – AICPIN Points for September Released – Remains Unchanged at 253
One of the most important department functioning under the Central
Government is the Labour Bureau. The department releases a number of
important statistics and conducts surveys. In the year 1872, the
department had successfully conducted the population census of the
entire country. This census gave not only the count of number of
persons, but also the number of gainfully employed. Since then every
census has thrown useful data on workers in different industries and
occupations every 10 years. The bureau also releases official
information, economic indicators like Consumer Price Index Numbers for
Industrial, Agricultural and Rural Labourers; wage rate indices and data
on industrial relations etc. that are followed by a number of
government departments.
One such indicator is the monthly Consumer Price Index Numbers
(Industrial Workers 2001=100), which is used to calculate the Dearness
Allowance for Central Government employees. Prices of 24 essential commodities
(from rice to bathing soap) are observed in 78 cities all over the country in order to calculate the average index of CPI(IW).
(from rice to bathing soap) are observed in 78 cities all over the country in order to calculate the average index of CPI(IW).
It is based on these statistics that, once every six months, the Centre
announces Dearness Allowance for its employees. Based on the AICPIN(All
India Consumer Price Index Numbers) between January and June, and
between July and December, the Finance Ministry decides the percentage
of hike in Dearness allowance and Dearness Relief according to the
recommendations of 6th CPC and informs the Government. The Centre makes
its decision after discussing the recommendation during the cabinet
meeting.
Now, ‘Expected DA
from Jan 2015′ is the first installment of next year and only three
months’ data have been collected as of now, for the Dearness Allowance.
Accurate D.A percentage can be calculated only after the remaining 3
months’ AICPIN points are announced.
But, we believe that based on October’s AICPIN points, we can conclude if the next D.A hike is going to be for 6% or 7%.
The Dearness Allowance announcements since 2006 have been tabulated and presented, as additional information.
Year wise DA Calculation tables form 2006 to 2014…
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