DA from January 2016 Finalized by AICPIN for month of December 2015

LABOUR BUREAU, MINISTRY OF LABOUR & EMPLOYMENT has released the All India Consumer Price Index for Cabinet approval for DA from January 2016Industrial employees for the Month of December 2015 on 29th January 2016. The All-India CPI-IW for December, 2015 decreased by 1 point and pegged at 269. However, this month AICPIN most eagerly expected by all the central government employees. Because this is the Final month of last 12 Months AICPIN to determine the Dearness Allowance to be paid from January 2016

S.No Month AICPIN
1 January,2015 = 254
2 February,2015 = 253
3 March,2015 = 254
4 April,2015 = 256
5 May,2015 = 258
6 June,2015 = 261
7 July,2015 = 263
8 August,2015 = 264
9 September,2015 = 266
10 October,2015 = 269
11 November, 2015 = 270
12 December, 2015 = 269
AICPIN average = 261.41

As expected, the Percentage of DA from January 2016 will be raised to 125% from existing 119% with the increase of 6%

The AICPIN for the Month of December 2015 released by Labor bureau, put an end to all debates and assumptions over expected DA from January 2016. Last 12 Months AICPIN from January 2015 to December 2015 are required to calculate the rate of DA to be paid from January 2016. So now the exact rate of DA can be calculated after last 12 Months AICPIN are available.

Since the AICPIN for December 2015 came down by one point to 269 from the previous months 270 points, affected the DA rate reaching 126 %. It is expected that AICPIN for the Month of December will increase by 2 points and peg at 272 points. In that case, the average 12 months AICPIN will be 261.66. If this average applied in the formula to calculate the DA , the DA from January 2016 will be 126.04 with the increase of six percentage . Since December AICPIN decreased by 1 points the average AICPIN for the past 12 Months stands at 261.41 and this is the factor which restricted the DA rate with 5% increase.

DA = ( Avg of AICPIN for the past 12 months – 115.76)*100 /115.76

= (261.41666 -115.76)*100/115.76

=125.826%

According to the prescribed formula to calculate the percentage of DA, the exact rate of Dearness Allowance to paid from January 2016 is 125%.

The decision of enhancing the rate of DA from January 2016 will be declared after the approval Union cabinet in the first week of March 2016

Source : www.govtstaffnews.in

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No. 5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONV, SHIMLA-171004
DATED : 30th October, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2015

The All-India CPI-IW for September, 2015 increased by 2 points and pegged at 266 (two hundred and sixty six). On 1-month percentage change, it increased by (+) 0.76 per cent between August and September, 2015 which was static between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.78 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Urd Dal, Mustard Oil, Onion, Cauliflower, Green Coriander Leaves, Potato, Tea (Readymade), Sugar, Electricity Charges, Private Tuition Fee, Flower/Flower Garlands, etc. are responsible for the increase in index. However, this increase was restricted by Wheat, Fish Fresh, Poultry (Chicken), Eggs (Hen), Apple, Coconut, Tomato, Petrol, Washing Soap, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.14 per cent for September, 2015 as compared to 4.35 per cent for the previous month and 6.30 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.71 per cent against 3.55 per cent of the previous month and 6.46 per cent during the corresponding month of the previous year.

At centre level, Chhindwara reported the highest increase of 10 points followed by Varanasi (9 points), Pune, Tripura, Jalpaiguri and Bhilwara (6 points each). Among others, 5 points rise was observed in 5 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 16 centres and 1.point in 19 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Ernakulam 3 points. Among others, 2 points decrease was observed in 4 centres and 1 point in 2 centres. Rest of the 9 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next issue of CPI-IW for the month of October, 2015 will be released on Monday, 30th November, 2015. The same will also be available on the office website www. labourbureau.gov. in.

(S. S. NEGI)
DEPUTY DIRECTOR GENERAL

Source : labour Bureau

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All India Consumer Price Index for the month of August 2015 release by the Labour Bureau today…

No.5/1/2015 – CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED : 30th September, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – August, 2015

The All-India CPI-IW for August, 2015 increased by 1 point and pegged at 264 (two hundred and sixty four). On 1-month percentage change, it increased by (+) 0.38 per cent between July, 2015 and August, 2015 when compared with the increase of (+) 0.40 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 (+) 1.57 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Groundnut Oil, Mustard Oil, Beef, Milk, Onion, Garlic, Brinjal, Parval, Peas, Coconut, Tea (Readymade), Electricity Charges, Barber Charges, etc. are responsible for the increase in index. However, this increase was restricted by Rice, Wheat, Wheat Atta, Fish Fresh, Poultry (Chicken), French Beans, Potato, Tomato, Cooking Gas, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 4.35 per cent for August, 2015 as compared to 4.37 per cent for the previous month and 6.75 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.55 per cent against 3.21 per cent of the previous month and 7.63 per cent during the corresponding month of the previous year.

At centre level, Jharia reported the highest increase of 9 points followed by Ludhiana (7 points), Kodarma and Labac Silchar (6 points each). Among others, 5 points in 6 centres, 4 points in 11 centres, 3 points in 7 centres, 2 points in 17 centres and 1 point in 15 centres. On the contrary, Goa centre recorded a maximum decrease of 4 points followed by Mundakayam and Ernakulam 3 points each. Among others, 2 points decrease was observed in Quilon centre and 1 point in 4 centres. Rest of the 10 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next index of CPI-IW for the month of September, 2015 will be released on Friday, 30th October, 2015. The same will also be available on the office website www.labourbureau.gov.in.

sd/-
(I.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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AICPIN for the month of May 2015

According to the press release of Labour Bureau, the All-India CPI-IW for May, 2015 increased by 2 points and pegged at 258 (two hundred and fifty eight).

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