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EXPECTED DEARNESS ALLOWANCE FROM JANUARY 2015..

October 23, 2014 By admin

EXPECTED DEARNESS ALLOWANCE FROM JANUARY 2015

 As Dearness Allowance which is paid to Central Government Employees twice a year still stands as a boon to them, the employees are eagerly awaiting for the announcement of the next installment of DA from1st January 2015. Now we can focus our attention to this. We can analyze the trend of Consumer Price Index with the past 8 months which will give an expected percentage of the DA.

 In the year 2014,it was seen that the AICPIN had the highest increase since 2006. The AICPIN table is listed below:

 

YEAR 2006 2007 2008 2009 2010 2011 2012 2013 2014
JAN 119 127 134 148 172 188 198 221 237
FEB 119 128 135 148 170 185 199 223 238
MAR 119 127 137 148 170 185 201 224 239
APR 120 128 138 150 170 186 205 226 242
MAY 121 129 139 151 172 187 206 228 244
JUN 123 130 140 153 174 189 208 231 246
JUL 124 132 143 160 178 193 212 235 252
AUG 124  133  145  162  178  194  214  237  253
   SEP 125  133  146  163  179  197  215  238  
   OCT 127 134 148 165 181 198 217 241  
NOV 127 134 148 168 182 199 218 243  
DEC 127 134 147 169 185 197 219 239  
Increase 2 2 3 7 3 4 4 4 6

 From the above table, it can be assured that the increase in AICPIN should have an impact on the DA. The expected DA will be 9% if the average increase raised by 3 points or 8% if the average increase is 2points and 7%, if the increase is 1 point in the remaining four months.

 Let us wait and see the outcome of the AICPIN.

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