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Saturday, March 1, 2014

DA WEF JULY 2014

  EXPECT 7 % DA HIKE WEF 01 JULY 2014


Jan-14  237   101.71

Feb -14  238    102.79
Mar - 14 239    103.87
Apr - 14 242    105.02
May- 14 244     106.17
Jun - 14 246     107.25
Jul  -  14 252    108.48

Expected Dearness Allowance from July 2014 for Central Govt. Employees & Pensioners  

           

The CDA increase between January-July 2014 will be  7.0% i.e   107.0% 

                                                 AICPIN for the month of July 2014 

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2014

The All-India CPI-IW for July, 2014 increased by 6 points and pegged at 252 (two hundred and fifty two). On 1-month percentage change, it increased by 2.44 per cent between June, 2014 and July, 2014 when compared with the rise of 1.73 per cent between the same two months a year ago



Consumer Price Index Numbers for Industrial Workers (CPI-IW)- June 2014

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for June, 2014 increased by 2 points and pegged at 246 (two hundred and forty six only)

AICPIN for the month of May2014 
Consumer Price Index Numbers for Industrial Workers (CPI-IW)- May2014
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for May, 2014 increased by 2 points and pegged at 244 (two hundred and forty four only)


AICPIN for the month of April 2014


Consumer Price Index Numbers for Industrial Workers (CPI-IW)- April 2014
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for April, 2014 increased by 3 points and pegged at 242 (two hundred and forty two only)




 

AICPIN for the month of March 2014
Consumer Price Index Numbers for Industrial Workers (CPI-IW)- March 2014
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for March, 2014 increased by 1 points and pegged at 239 (two hundred and thirty nine). On 1-month percentage change, it increased by 0.42 per cent between February, 2014 and March, 2014 compared with the rise of 0.45 per cent between the same two months a year ago.
The largest upward pressure to the change in current index came from Food Group contributing 0.99 percentage points


Consumer Price Index for Industrial Workers (CPI-IW) – February, 2014
The All-India CPI-IW for February, 2014 increased by 1 point and pegged at 238 (two hundred and thirty eight). On 1-month percentage change, it increased by 0.42 per cent between January, 2014 and February, 2014 when compared with the rise of 0.90 per cent between the same two months a year ago.
The AICPINs upto January 2014 have been declared. The final CDA is subject to the approval of Govt. of India.

           The Central Dearness Allowance is used to calculate with the help of last 12 months' All India consumer Price Index for Industrial Workers (AICPIN-IW). AICPIN-IW is declared by Labour Bureau  Deptt., Government of India. The month-wise AICPINs and top 20 CDA projections are listed below:-


S.N.MonthAICPIN
1July-13235
2August-13237
3September-13238
4October-13241
5November-13243
6December-13239
7January-14237
8February-14Yet to be declared
9March-14Yet to be declared
10April-14Yet to be declared
11May-14Yet to be declared
12June-14Yet to be declared
Average CPI upto Jan'14238.6



Top 20 Projections:

S.N.
Avg. AICPIN
Projected
Projected
CDA(%)
Projected CDA
Increase(%)
1
237.1
104.8
4.8
2
237.3
104.9
4.9
3
237.4
105.1
5.1
4
237.6
105.2
5.2
5
237.8
105.4
5.4
6
237.9
105.5
5.5
7
238.1
105.7
5.7
8
238.3
105.8
5.8
9
238.4
106.0
6.0
10
238.6
106.1
6.1
11
238.8
106.2
6.2
12
238.9
106.4
6.4
13
239.1
106.5
6.5
14
239.3
106.7
6.7
15
239.4
106.8
6.8
16
239.6
107.0
7.0
17
239.8
107.1
7.1
18
239.9
107.3
7.3
19
240.1
107.4
7.4
20
240.3
107.5
7.5

AICPIN for the month of January 2014


Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237(two hundred and thirty Seven). On 1-month percentage change, it decreased by 0.84 per cent between December and January compared with the rise of 0.91 per cent between the same two months a year ago.
The largest downward pressure to the change in current index came from Food group contributing -2.78 percentage points to the total change. At item level, Groundnut Oil, Onion, Brinjal Cabbage, Carrot, Gourd, Palak, Peas, Potato, Tomato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Housing Index and the prices of Rice, Wheat, Fish Fresh, Goat Meat, Poultry, Cooking Gas, Electricity Charges, Petrol etc. putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 7.24 per cent for January, 2014, as compared to 9.13 per cent for the previous month and 11.62 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.94 per cent against 11.49 per cent of the previous month and 14.08 per cent during the corresponding month of the previous year.
At centre level, Bhilwara recorded the highest decline of 8 points each followed by Kodarma (7 Points), Bokaro and Surat (6 Points each), Varanasi and Munger Jamalpur (5 Points each). Among others, 4 points decrease was registered in 8 centres, 3 points in 13 centres, 2 points in 12 centres and 1points in 9 centres. On the contrary, Amritsar and Quilon centres reported an increase of 4 points followed by Jharia (3 points). Among others, 2 points increase was observed in 6 centres and 1 point in 7 centres. Rest of the 14 centres’ indices remained stationary.
The indices of 38 centres are above All-India Index and other 39 centres’ indices are below national average. The index of Bhilwara centre remained at par with all-India index.
The next index of CPI-IW for the month of February, 2014 will be released on Monday, 31 March, 2014. The same will also be available on the office website www.labourbureau.gov.i
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