National Federation of Indian Railwaymen published a message on its official portal regarding an additional Dearness Allowance effective from July 2015 to Dec 2015 for Central Government employees.

NFIR
National Federation of Indian Railwaymen
3, Chelmsford Road, New Delhi – 110 055

No.I/5(A)/Part.I

Dated: 01/08/2015

MESSAGE

With the announcement of All India Consumer Price Index for the month of June, 2015, the average stood at 254.41. Hence the Central Government Employees are entitled for D.A. at 119% of pay w.e.f.01/07/2015.

sd/-
(Dr.M.Raghavaiah)
General Secretary

Copy to all General Secretaries of affiliated Unions of NFIR.
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No.5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED : 31st JuIy, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-I W) – June, 2015

The All-India CPI-IW for June, 2015 increased by 3 points and pegged at 261 (two hundred and sixty one). On 1-month percentage change, it increased by (+) 1.16 per cent between May, 2015 and June, 2015 when compared with the increase of (4) 0.82 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.35 percentage points to the total change. At item level, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Mustard Oil, Fish Fresh, Eggs (Hen), Poultry (Chicken), Milk (Buffalo & Cow), Onion, Chillies Green, Ginger, Vegetable items, Petrol, etc. are responsible for the increase In index. However, this increase was restricted by Rice, Mango, Lemon, Sugar, Electricity Charges, etc., putting downward pressure on the index.

7th cpc report
The year-on-year inflation measured by monthly CPI-IW stood at 6.10 per cent for June, 2015 as compared to 5.74 per cent for the previous month and 6.49 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.67 per cent against 5.99 per cent of the previous month and 5.88 per cent during the corresponding month or the previous year.

At centre level, Quilon reported the highest increase of 15 points followed by Godavarikhani (9 points) and Raniganj (7 points). Among others, 6 points inclease was observed in 4 centres, 5 points in 9 centres, 4 points in Il cenlres, 3 points in 8 centres, 2 points in 15 centres and 1 point in 11 centres. On the contrary, Ghaziabad centres recorded a maximum decrease of 2 points. Among others, I point decrease was observed in 6 centres. Rest of the 10 centres’ indices remained stationary.

The indices of 35 centres are above All India Index and other 42 centres’ indices are below national average. The index of Lucknow is at par with all-India index.

The next index of CPI-IW for the month of July, 2015 will be released on Monday, 31st August, 2015. The same will also be available on the office website www.labourbureau.gov.in.

sd/-
(S.S.NEGI)
DEPUTY DIRECTOR GENERAL

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Expected DA from July to Dec 2015

What will the additional Dearness Allowance increase be from the month of July to Dec 2015? One has to wait for the AICPIN data for the month of June 2015 that will be released on July 31 to find out.

Central Government employees are not the only ones who are eagerly waiting to find out what the DA percentage hike will be from July to December 2015. Central Pensioners and employees of the banking sectors too are curious to know. Additionally, the employees are working under state governments are also covered in this circle.

It has almost been confirmed that there will be a 6% hike in DA this time. But, it will be absolutely confirmed once the June AICPIN statistics is revealed. The fluctuations of the June AICPIN is not expected to dramatically affect the fate of July’s DA hike, but it will have some impact on the DA hike that will be announced for January 2016.

Read our exclusive earlier article on this subject

You can understand this better if you refer to the table given below:

And click the image to calculate the additional DA from July 2015 and also from Jan 2016.

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6% DA hike for Central Government employees and pensioners from July 2015 is almost decided. This can be confirmed as soon as June 2015’s AICPIN points are released.

Currently, DA of 113% is being given to 30,87,278 Central Government employees all over India. This is very likely to increase to 119% from July onwards and will continue until December 2015.

The 6% hike will translate into an increase of between Rs.420 to 900 for more than 80% of the Class ‘C’ employees. Almost 70% of the Central Government employees receive Grade Pay of Rs.1800 to 2400.(More census click here)

The below table expressed the hike in DA month wise. The AIPCIN for the month of June 2015 not yet published and the index will be published on 31st July 2015 by the Labour Bureau. Even if the index may increase or decrease more than five points, the additional DA will stabilize at 6% only. Visitors are requested to try our calculator with input of AICPIN and get the DA immediately. And also knowing how much amount increasing in DA from July 2015 with the help of our DA Amount Calculator.

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‘DA from July 2015’ will most likely be finalized today; DA calculation stands at nearly 6%, as of now.

The price of petrol and diesel is one of the most important factors that influence the prices of general commodities. Petrol and diesel prices had increased by 10 to 15% in the month of May. Experts believe that it will have a huge impact on the prices of essential commodities too.

The Labour Bureau calculates the AICPIN points based on the prices of essential commodities at 78 select towns and cities from all over the country. The Consumer Price Index for Industrial Workers (CPI-IW) is an important statistical/economic indicator. It was first introduced on scientific lines with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres. The series was then, updated on base 1982=100 and a revision in 1999-2000 has further updated the base on 2001=100.

The CPI (IW) Base Year 2001=100 index points for the month of May will be announced today. Based on today’s announcement, one can calculate, the Dearness Allowance that will be given from July onwards.

Source: www.cgstaffportal.in

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