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Tuesday, 23 April 2013

Good News: Expected DA Hike for CG Employees W.e.f July 2013 is 9-10%.


Expected DA from July-2013 will be not less than 89% after 2 point increase in Index

          As all are waiting for announcement of Dearness Allowance for Central Government Employees from January, 2013, which has been not announced till the writing of this post.  In the meanwhile Ministry of Labour & Employment has published Consumer Price Index Numbers for Industrial Workers (CPI-IW) February 2013.  According the press release the the All-India CPI-IW for February, 2013 rose by 2 points and pegged at 223 (two hundred and twenty three).  This two point increase showing confirm 9% increase in Dearness Allowance from July, 2013.  Hence Expected DA from July, 2013 will be not less than 89%.  It is also make clear from following table:-

Expect-ationIncrease/ Decrease IndexMonthBase Year 2001 = 100Total of 12 MonthsTwelve monthly Average% increase over 115.76 for   DADA announced or will be announced
Jul-122122414201.1773.78%72%
2Aug-122142434202.8375.22%80%
1Sep-122152452204.3376.51%
2Oct-122172471205.9277.88%
1Nov-122182490207.5079.25%
1Dec-122192512209.3380.83%
First
Expectation
2Jan-132212535211.2582.49%82%
2Feb-132232559213.2584.22%84%
1Mar-132242582215.1785.87%85%
1Apr-132252602216.8387.31%87%
1May-132262622218.5088.75%88%
1Jun-132272641220.0890.12%90%
1Jul-13Expected DA from July-201390%

Second
Expectation
2Jan-132212535211.2582.49%82%
2Feb-132232559213.2584.22%84%
2Mar-132252583215.2585.95%85%
2Apr-132272605217.0887.53%87%
2May-132292628219.0089.18%89%
2Jun-132312651220.9290.84%90%
2Jul-13
Expected DA from July-2013
90%
Third
Expectation
2Jan-132212535211.2582.49%82%
2Feb-132232559213.2584.22%84%
0Mar-132232581215.0885.80%85%
0Apr-132232599216.5887.10%87%
0May-132232616218.0088.32%88%
0Jun-132232631219.2589.40%89%
0Jul-13Expected DA from July-201389%
SOURCE: WWW.KARNMK.BLOGSPOT.IN

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