Friday, July 2, 2021

Expected DA from July 2021 not be more than 31% almost be 31% if June AICPIN will not be reduced to 1 point

The Labour Bureau has publishes the All India Consumer Price Index for Industrial Workers (AI CPI-IW) for the month of May 2021. The index increased by 0.5 points and stood at 120.6 (one hundred twenty and point six). On 1-month percentage change, it increased by 0.42 per cent with respect to previous month compared to an increase of 0.30 per cent recorded between corresponding months a year ago.  

View: Expected DA – AICPIN for the month of May, 2021 increased by 0.5 points and stood at 120.6

 Expected DA from July 2021 not be more than 31% almost be 31% if June AICPIN will not be reduced to 1 point.  

The increase is a minor one but giving exact impact on expected Dearness Allowance, the CPI-IW upto the month of May 2021 is using for the calculation of the Dearness Allowance from July 2021 and one more figure is required to reduce ‘the exact’. The government has frozen the DA till June 2021. Hence it is expected that the Hike DA will be available from the month of July 2021 . Following table is showing that DA/DR from July, 2021 is expected to be 31%. If next months CPI (IW) will reduce to 1.0 points be at 119.6 point the DA/DR from July, 2021 can be stop at 30%  and if CPI (IW) will enhance to 10 points be at 130.6 point, which seems impossible, the DA/Dr from July be reach the mark of 32%.  With this five months figure it is now confirm that rate of DA from July, 2021 be 31% if next month index not be reduced to 1.0 points .

Expected DA from July 2021 @ 31%


Expected DA from July, 2021 –

Month Base Year 2001 = 100 Base Year 2001 = 100 Total of 12 Months Twelve monthly Average % increase over 115.76 for 6CPC DA % increase over 261.42 for 7CPC DA 7CPC DA announced or computed
Aug,19
320 3710 309.17 167.08% 18.26%  
Sep,19 322 3731 310.92 168.59% 18.93%  
Oct,19 325 3754 312.83 170.24% 19.67%  
Nov,19 328 3780 315.00 172.11% 20.50%  
Dec,19 330 3809 317.42 174.20% 21.42% 21%
Jan,20 330 3832 319.33 175.86% 22.15%  
Feb,20 328 3853 321.08 177.37% 22.82%  
Mar,20 326 3870 322.50 178.59% 23.36%  
Apr,20 329 3887 323.92 179.82% 23.91%  
May,20 330 3903 325.25 180.97% 24.42%  
Jun,20 332 3919 326.58 182.12% 24.93% 24%
Jul,20 336 3936 328.00 183.34% 25.47%  
Aug,20 338 3954 329.50 184.64% 26.04%  
Sep,20 118.1 340 3972 331.00 185.94% 26.62%  
Oct,20 119.5 344 3991 332.58 187.30% 27.22%  
Nov,20 119.9 345 4008 334.00 188.53% 27.76%  
Dec,20 118.8 342 4020 335.00 189.39% 28.15% 28%
Jan,21 118.2 340 4030 335.83 190.11% 28.47%  
Feb,21 119.0 343 4045 337.08 191.19% 28.94%  
Mar,21 119.6 344 4063 338.58 192.49% 29.52%  
Apr,21 120.1 346 4080 340.00 193.71% 30.06%  
May,21 120.6 347 4097 341.42 194.93% 30.60%  
Jun,21 120.6 347 4112 342.67 196.01% 31.08%  31%

 

Table of 7th Central Pay Commission Dearness Allowance  announced or computed

Month

CPI (IW) Base Year 2016 = 100 CPI (IW) Base Year 2001 = 100 7CPC DA announced or computed

Jan,16


269 0%
Jul,16
280

2%

Jan,17


274 4%
Jul,17
285

5%

Jan,18


288 7%
Jul,18
301

9%

Jan,19


307 12%
Jul,19
319

17%

Jan,20


330 21% [approved]
Jul,20
336

24% [confirm]

Jan,21

118.2 340

28% [confirm]

Jul,21 120.1 346

31% [expected]

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