Expected DA from January 2015 – 6 to 7% is expected….
The value of AICPIN for the month of September 2014 has been released and the value remains at 253 points. It remains constantly without any change from the value of August 2014.
For the calculation of DA, the AICPIN value is needed which is based on the Consumer Price Index depending upon the price of essential commodities. For calculating DA for January 2015, the AICPIN value for the remaining three months i.e. from October to December 2014 is needed. If the value remains at 253 points or increases by 1 point based (254, 255, 256), then the total DA will be 113%, an increase of 6%. If the increase is by 2 point based in the coming months, 7% of can be expected…..