Expected DA July 2015 – AICPIN for the month of April 2015

Expected DA July 2015 – AICPIN for the month of April 2015

Click to Calculate Expected DA July 2015

No.5/1/2015-CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

CLEREMONT’, SHIMLA-171004

DATED : 29th May, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – April, 2015

The All-India CPI-IW for April, 2015 increased by 2 points and pegged at 256 (two hundred and fifty six). On 1-month percentage change, it increased by (+) 0.79 per cent between March, 2015 and April, 2015 when compared with the increase of (+) 1.26 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.24 percentage points to the total change. At item level, Rice, Arhar Dal, Gram Dal, Urd Dal, Fish Fresh, Goat Meat, Poultry (Chicken), Milk (Buffalo & Cow), Vegetable & Fruit items, Tea (Readymade), Snack (Sweet & Saltish), Country Liquor, Electricity Charges, Doctor’s Fee, Private Tuition Fee, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted by Eggs (Hen), Onion, Chillies Green, Sugar, Petrol, Flower/Flower Garlands, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.79 per cent for April, 2015 as compared to 6.28 per cent for the previous month and 7.08 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.68 per cent against 6.98 per cent of the previous month and 7.76 per cent during the corresponding month of the previous year.

At centre level, Srinagar reported the highest increase of 9 points followed by Bhilai (5 points). Among others, 4 points increase was observed in 14 centres, 3 points in 9 centres, 2 points in 14 centres and 1 point in 18 centres. On the contrary, Giridih centre recorded a maximum decrease of 6 points followed by Guntur (3 points) and Ranchi-Hatia and Godavarikhani (2 points each). Among others, 1 point decrease was observed in 8 centres. Rest of the 9 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next index of CPI-IW for the month of May, 2015 will be released on Tuesday, 30th June, 2015. The same will also be available on the office website www.labourbureau.gov.in.

sd/-

(S.S.NEGI)

Director

Source: www.labourbureau.gov.in

Expected DA July 2015 – Simple and Accurate Calculator for CG Employees

Simple and Accurate Expected DA Calculator for CG Employees and Pensioners..!

“After the 6th Pay Commission, the curiosity to find out the rates of Dearness Allowance had increased considerably, because, until then, the raise was very minimal. After 2008, the DA graph continued to head north. At one point, the percentage had touched 10% twice.”

It has become very common nowadays to make predictions on Expected DA, which is issued to the Central Government employees and pensioners once every six months. Even a few years ago, ‘SWAMY’s NEWS’ was the only source of this information. Their monthly publication, ‘Swamysnews’ is their specialty. They usually contain all the latest Government Orders, Case-Law Section, Supreme Court Judgments, Tribunal Judgments, Question and Answer(Readers Forum) section and Expected DA.

After the 6th Pay Commission, many began to write about Dearness Allowance on their websites. Since the employees were also curious to know, readership for such articles and predictions continued to be high. Now, EXPECTED DA continues to be a very exciting phrase among Central Government employees.

How is the additional DA forecast made?

Calculating the Dearness Allowance is very simple. The method is fairly well known. Still, for the sake of the uninitiated, click here for the detailed methodology.

Dearness Allowance is calculated based on AICPIN (All India Consumer Price Index for Industrial Workers by 2001 = 100) statistic index. Each month, the Ministry of Labour releases this number for the previous month. More than 70 cities and towns across India are selected and price-fluctuations of essential commodities are noted for an entire month. The reports are released as press release at the end of the following month.

Based on the AICPIN numbers of January-June and July to December, the Dearness Allowances are calculated. The first installment of Dearness Allowance is announced in January, based on the AICPIN numbers of the previous six months, i.e., from June to December of the previous year. The second installment is given in July, based on the AICPIN numbers of January to June.

We have created a calculator to find out the expected increase in DA. This Expected DA Calculator is simple, easy to use, and accurate. All you have to do is type in the expected (or desired) AICPIN numbers. When you enter the index, the calculator will give you the accurate percentage of DA increase for the month you have typed.

The calculator also shows you the total additional Dearness Allowance percentage and total DA and DR from July 2015.

The AICPIN data for the first three months of 2015 is now available. To find out the expected DA of July 2015, all you have to do is enter the expected (or desired) AICPIN values of the next three months.

The calculator is designed in such a way that you could also find out the approximate DA of January 2016. The recommendations of the 6th Pay Commission come to an end with this installment. The next Dearness Allowance with effet form 1.1.2016 will be calculated based on the recommendations of the 7th Pay Commission.

CLICK TO CALCULATE DA FROM JULY 2015