Saturday, 29 June 2013

10% Dearness allowance and 3% Increment from July 2013…

10% Dearness allowance and 3% Increment from July 2013…
 
Central Government employees will get ten percent Dearness allowance from July 2013 and also will get three percent annual increment from the same date.
 
Expected DA from July 2013 : AICPIN for the month of May 2013
Expected Dearness Allowance and Dearness Relief from July 2013 : Central Government employees and Pensioners will get one more installment of additional DA and DR from July 2013 will be 10%, as per the release of AICPIN for the month of May 2013. Though the requirement of one more month of AICPIN for June to finalise the enhancement of Dearness allowance, there is possible to get 90% Dearness allowance and Dearness Relief from July 2013. The calculation table describes the steps as under...
Month
/
Year
B.Y. 2001
=100
Total
of

12 Months
12 Months
Average
% Increase
over 115.763
App. DA DA %
Dec-12 219 2512 209.33 93.57 80.83 80
Jan-13 221 2535 211.25 95.49 82.49 82
Feb-13 223 2559 213.25 97.49 84.22 84
Mar-13 224 2582 215.17 99.41 85.87 85
Apr-13 226 2603 216.92 101.16 87.38 87
May-13 228 2625 218.75 102.99 88.97 88
Jun-13 Expected 90
 
Labour Bureau released the statistics number of Consumer Price Index for Industrial Workers (CPI-IW) for the month of May 2013 on its official portal , which is important factor to calculate additional DA and DR to CG employees and CG Pensioners and the same is reproduced here for your information...

Consumer Price Index for Industrial Workers (CPI-IW)-May, 2013
 
The All-India CPI-IW for May, 2013 rose by 2 points and pegged at 228 (two hundred and twenty eight). On 1-month percentage change, it increased by 0.88 per cent between April and May compared with 0.49 per cent between the same two months a year ago.
 
The largest upward contribution to the change in current index came from Food group which increased by 1.22 per cent, contributing 1.64 percentage points to the total change. At item level, Rice, Arhar Dal, Fish Fresh, Poultry (Chicken), Milk, Chillies Green, Garlic, Ginger, Tomato, Root & Green Vegetables, Tea Leaf, Tea (Readymade), Cigarette, Country Liquor, Electricity Charges, Medicine (Allopathic), Repair Charges, etc. are responsible for the rise in index. However, this was compensated by Petrol putting downward pressure on the index.
 
The year-on-year inflation measured by monthly CPI-IW stood at 10.68 per cent for May, 2013 as compared to 10.24 per cent for the previous month and 10.16 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.24 per cent against 12.39 per cent of the previous month and 10.61 per cent during the corresponding month of the previous year.
 
At centre level, Chennai and Nagpur recorded the largest increase of 8 points each followed by Nasik (7 points) and Warrangal, Coonoor, Hubli Dharwar, Madurai and Tripura (6 points each). Among others, 5 points rise was registered in 2 centres, 4 points in 14 centres, 3 points in 6 centres, 2 points in 12 centres, and 1 point in 12 centres. On the contrary, a decline of 6 points was reported in Delhi, 5 points in Ghaziabad, 4 points in Srinagar, 3 points in 2 centres, 2 points in 2 centres and 1 point in 7 centres. Rest of the 10 centres’ indices remained stationary.
 
The indices of 38 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Jabalpur and Haldia centres remained at par with all-India index.
 
The next index of CPI-IW for the month of June, 2013 will be released on Wednesday, 31 July, 2013. The same will also be available on the office website www.labourbureau.gov.in.
 

Source: 90paisa

[http://90paisa.blogspot.in/2013/06/expected-da-from-july-2013-aicpin-for.html]

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