DA (DEARNESS ALLOWANCE) CALCULATION BASED ON ALL INDIA CONSUMER PRICE INDEX NUMBER FOR INDUSTRIAL WORKERS (AICPIN). - ALLCGNEWS

Central Government Employment News

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02 August 2010

DA (DEARNESS ALLOWANCE) CALCULATION BASED ON ALL INDIA CONSUMER PRICE INDEX NUMBER FOR INDUSTRIAL WORKERS (AICPIN).

DA CALCULATION  BASED ON THE CONSUMER PRICE INDEX FOR INDUSTRIAL WORKERS IN THE MONTH OF   JULY 2010 (174)



Month


All
India Index


% of
increase

Nov-08

148

21.44


Dec-08


147


22.38

Jan-09

148

23.39

Feb-09

148

24.32

Mar-09

148

25.12

Apr-09

150

25.98

May-09

151

26.84


Jun-09


153


27.78

Jul-09

160

29

Aug-09

162

30.23

Sep-09

163

31.45

Oct-09

165

32.67

Nov-09

168

34.11


Dec-09


169


35.7

Jan-10

172

37.43

Feb-10

170

39.01

Mar-10

170

40.59

Apr-10

170

42.03

May-10

172

43.54


Jun-10

174

45%
SIMPLE RULE FOR CALCULATION




How to calculate % of increase ?



Here is the simple 
rule for
calculate increase percentage for AICPIN





=> DA = (Average of AICPIN for the past 12 months –
115.76)*100/115.76
AS PER THE CALCULATION  JULY 2010 DA LIKELY TO   BE   10%.SO NEW DEARNESS ALLOWANCE OF JULY 2010 IS 35%+10% =45%

So there  is a chance to get 
45%  Dearness allowance from 1st July 2010 onwards



THIS IS  JUST A WAY TO CALCULATE DA.WAIT FOR THE  ANNOUNCEMENT BY CENTRAL  GOVERNMENT.(CG EMPLOYEES  PORTAL)


Date

From which Payable


Rate
(%)



Increase (%)

1st
Jan 2006

0

0

1st
Jul 2006

2

2

1st
Jan 2007

6

4

1st
Jul 2007

9

3

1st
Jan 2008

12

3

1st
Jul 2008

16

4

1st
Jan 2009

22

6

1st
Jul 2009

27

5

1st
Jan 2010

35


1st  Jul 2010                                     
10%
SOURCE - CGEPORTAL

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