Dearness Allowance at 65% from January 2012. DA hike of 7%

The Consumer Price Index Numbers for Industrial Workers on Base 2001=100, AICPIN, for the Month of December 2011 has been published by the labour ministry. All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of December, 2011 decreased by 2 points and stood at 197. The decrease in the prices of Onion, Vegetable & Fruit items, Primary and Middle School Fee and Books, etc. contributed to the decrease in the index value.

The average index over the last 12 months calculates at 191.5 which effectively can be converted to dearness allowance of 65% for the central government employees from January 2012. The hike is likely to be announced by the second week of March after the cabinet approval.

The index for the last twelve months is as follows

January 2011 : 188
February 2011 : 185
March 2011 : 185
April 2011 : 186
May 2011 : 187
June 2011 : 189
July 2011 : 193
August 2011 : 194
September 2011 : 197
October 2011 : 198
November 2011 : 199
December 2011 : 197