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Written by Administrator on August 1st, 2011
AICPIN (All-India Average Consumer Price Index Numbers for Industrial Workers) for the month of June has been announced and it stands atat 189. The Dearness allowance for Central Government employees and pensioners will be enhanced by 7% from July 2011. This makes the total DA at 58%
The DA is calculated based the average of the last 12 AICIPN which was as follows
June 2010 -174
July 2010 - 178
August 2010 - 178
September 2010 - 179
October 2010 - 181
November 2010 - 182
December 2010 - 185
January 2011 - 188
February 2011 - 185
March 2011 - 185
April 2011 - 186
May 2011 - 187
June 2011 - 189
The hike is likely to be announced in the second week of the September after cabinet approval.
The All-India (General) point to point rate of inflation for the month of June, 2011 is 8.62% as compared to 8.72% in May, 2011. Inflation based on Food Index is 6.91% in June, 2011 as compared to 7.61% in May, 2011.
