Friday, January 27, 2012

Expected DA

Expected DA from Jan 2012 :

Expected Dearness allowance from January 2011

In coming months the trend of the dearness allowance certainly will go up.

We have made some calculation sheet to bring the percentage of dearness allowance on the end of December and the AICPIN is used in the calculation an average rates of 197, 198, 199, 200 and 201 for the balance of three months.

The expected DA will be minimum of 7% to increase from January 2011. There will be remote chance to increase in DA above 7%. If the AICPIN will increase above the average of 200, the DA will be go up to 66%.

Let’s see the table sheet is given below…

Month/Year

B.Y. 2001=100

Total of
12 Months

12 Months
Average

% Increase
over 115.763

App. DA %

DA %

Jun-11

189

2203

183.58

67.82

58.59

58

Jul-11

193

2218

184.83

69.07

59.67

59

Aug-11

194

2234

186.17

70.41

60.82

60

Sep-11

197

2252

187.67

71.91

62.12

62

Oct-11

201

2272

189.33

73.57

63.56

63

Nov-11

201

2291

190.92

75.16

64.92

64

Dec-11

201

2307

192.25

76.49

66.07

66

Jun-11

189

2203

183.58

67.82

58.59

58

Jul-11

193

2218

184.83

69.07

59.67

59

Aug-11

194

2234

186.17

70.41

60.82

60

Sep-11

197

2252

187.67

71.91

62.12

62

Oct-11

200

2271

189.25

73.49

63.48

63

Nov-11

200

2289

190.75

74.99

64.78

64

Dec-11

200

2304

192.00

76.24

65.86

65

Jun-11

189

2203

183.58

67.82

58.59

58

Jul-11

193

2218

184.83

69.07

59.67

59

Aug-11

194

2234

186.17

70.41

60.82

60

Sep-11

197

2252

187.67

71.91

62.12

62

Oct-11

199

2270

189.17

73.41

63.41

63

Nov-11

199

2287

190.58

74.82

64.63

64

Dec-11

199

2301

191.75

75.99

65.64

65

Jun-11

189

2203

183.58

67.82

58.59

58

Jul-11

193

2218

184.83

69.07

59.67

59

Aug-11

194

2234

186.17

70.41

60.82

60

Sep-11

197

2252

187.67

71.91

62.12

62

Oct-11

198

2269

189.08

73.32

63.34

63

Nov-11

198

2285

190.42

74.66

64.49

64

Dec-11

198

2298

191.50

75.74

65.43

65

Jun-11

189

2203

183.58

67.82

58.59

58

Jul-11

193

2218

184.83

69.07

59.67

59

Aug-11

194

2234

186.17

70.41

60.82

60

Sep-11

197

2252

187.67

71.91

62.12

62

Oct-11

197

2268

189.00

73.24

63.27

63

Nov-11

197

2283

190.25

74.49

64.35

64

Dec-11

197

2295

191.25

75.49

65.21

65

Dearness Allowance to all categories of Central Government employees is being sanctioned by the Government twice in a year, on 1st January and 1st July based on the increase in the average monthly All India consumer price index and it is granted to compensate the price hike above 536 points(Base Year 1982=100) 115.76 Points (Base Year 2001=100). The average increase is calculated up to December for grant of DA from 1st January and up to June for grant of DA from 1st July.

DA is calculated on the basic pay (plus NPA and stagnation increment). Special Pay, Personal Pay etc. are not taken into account for this purpose.

Dearness allowance calculation is based on AICPIN (IW). The statistics has been published by Labour Bureau in the last date of every month for subsequet months. The authentic department of Labour Bureau under Ministry of Labour & Employment computing the Consumer Price Index Numbers for Industrial Workers on base 2001= 100, for this calculation, more than 80 selcted places in over all India and an average monthly consumer prices of 24 essential commodities are taken for the finalise the index.

We are all know that the DA is announcing once in six months i.e., January and July of every year. The index has been taken for the calculation of DA from January to Jnue and July to December. The first instalment was announced in march and the second instalment on September, the next instalment for the year 2012 will be announced by March.

For exact calculation of additional Dearness allowance, the AICPIN-IW received only for two months of July and August. After knowing the index value for remaining four months only, we can compute exact the percentage of additional Dearness allowance from Jan, 2012, even though we can predict with reasonably by our expreience in this field, it may be enhanced minimum of six percent.