Friday, 18 April 2014

EXPECTED DA FROM JULY 2014 - An overview of articles about DEARNESS ALLOWANCE

EXPECTED DA FROM JULY 2014 - An overview of articles about DEARNESS ALLOWANCE

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

An overview of articles about DEARNESS ALLOWANCE

It is an appreciable trend that articles about Dearness Allowances continue to be churned each day. There are plenty of advantages and benefits in giving your own interpretation on a topic that millions are interested in. It helps a great deal in creating consensus opinion. Social media are especially useful in accomplishing this.

A very famous example is the unity and camaraderie between pharmacists a few years ago, and their success. The contribution of social media in the current protests being conducted by LDCs and UDCs is worth taking note of.

There is no denial to the fact that revolutionary new opinions expressed on social media have been useful for many in many different ways. There is also no doubt in the fact that members of the unions, associations, and federations continue to watch the social media. You can bet that in the near future almost all these leaders of unions and associations would have created their own individual websites and started expressing their opinions almost immediately.

Let us get to the topic at hand...

The Consumer Price Index for Industrial Workers points for last month was released on 31.03.2014. The index has risen by one point and stands at 238. As a result, the Dearness Allowance, which stood at 101.71 has now slightly increased to 102.79.

With the AICPIN data of only two months available, it has become clear that there is not even an increase of 3%. If the trend continues, the hike in DA would be very small this time. Though nothing can be speculated as of now, if the AICPIN doesn’t reduce, then there are chances of a 5% DA increase. If AICPIN points slump by bigger margins, there are chances that the DA percentage would decrease further.

To sum it up, this time, there is no possibility of getting the kind of DA hikes that were given in the past. But then, since we still don’t have the data for four months, it is difficult to accurately calculate.

‘Expected DA from July 2014’ completed its second step..!

Expected DA from July 2014 - AICPIN for the month of Feb 2014

Expected DA from July 2014 - AICPIN for the month of Feb 2014

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for February, 2014 increased by 1 points and pegged at 238 (two hundred and thirty Eight). On 1-month percentage change, it increased by 0.42 per cent between January, 2014 and February, 2014 compared with the rise of 0.90 per cent between the same two months a year ago.

Finance Ministry’s Orders on 10% DA Expected Shortly!

Finance Ministry’s Orders on 10% DA Expected Shortly!
At the Cabinet Committee meeting that was held on 28/02/2014, approval was given for a 10% hike in the Dearness Allowance and Dearness Relief for Central Government employees and pensioners. Nearly a month has passed but the Finance Ministry has still not issued relevant orders to the departments concerned. 
Despite the consent of the Cabinet Committee, the enhanced amount of DA will be given only after the Finance Minister issues the orders. The month of March ends on Monday and orders will have to be issued before then. Only then will the employees receive the DA amount for the month of March along with the month’s salary. Since all the banks will remain closed on the 2nd due to Annual closing of accounts, it will be available only on Tuesday, the 3rd. 

Since all the DDOs under Central Government have been computerized and since DA calculation is a routine task, they would immediately take action as soon as they receive the fax. Moreover, in the press release announcing the Cabinet Committee’s approval, certain terms were clearly added that the “Cabinet approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10 percent increase over the existing rate of 90 percent”.
If the Finance Ministry fails to issue the orders before the end of this month, then 3 months’ arrears will be given in April.
Since “50% DA Merger” is not going to happen now, orders are expected regarding 25% increase in some specific allowances. One of these allowances is the “Children Education Allowance and Hostel Subsidy”. Last time, when DA touched 50%, the subsidy was increased from 12,000 to 15,000. Similarly, this time, it is expected to rise by 25% from 15,000 to 18,750.

Click here to view in pdf format

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME-DA ARREARS CALCULATOR

FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME-DA ARREARS CALCULATOR


FINANCE MINISTRY DA ORDER JAN 2014 -WHEN IT WILL COME

No one can deny the fact that DA is a very important allowance as of now. This applies to both state and central government employees. On the 28th of February 2014, 10 % DA increase was approved by the cabinet and then the announcement about the same came out. In the past, mostly, this announcement and the Finance Ministry order have come out in the month of March. Hardly, has this ever changed so far. So the finance ministry order on DA is expected to come soon.


After the order on the 10% DA is received, the corresponding DA value will be paid as arrears for the first two months and then it will paid along with the month’s salary. Similarly, every time when the DA touches 50%, some allowances can increase up to 25%. We have already got the benefits of the 50% DA increase. Now, as it has reached 100%, a formal announcement is expected to come out soon. Everyone can easily calculate the benefits that we’ll get from a 10% increase. However, for your convenience, I have attached a calculator to help you to find out how much you will get as two month’s arrears and the other benefits that you will get due to the DA increase.

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014
 
This is the first thing that all Central and State Government employees alike would eagerly like to know!
We are the first to calculate and write about ‘Expected DA’. We have been meticulously doing this task for the past five years. Without fail, we publish all the relevant information pertaining to DA, which is given twice every year (January 1, and July 1). It is our practice to calculate these numbers on the basis of certain indicators. 

Dearness Allowance is calculated entirely on the basis of price rise and inflation. Of utmost importance for the calculation is the AICPIN (All India Consumer Price Index). Labour Bureau, a Government agency releases these figures each month.
The Consumer Price Index (Industrial Workers) Base 2001 =100 is calculated based on the prices of 24 crucial items. They are also called “Fixed Basket of Goods.” They take into account the change in retail prices of these items.
Three most important constituents of the CPI-IW are the centre specific weighting diagrams, the retail price data and the house rent data. 78 towns are chosen and the list is formulated from the information gathered from these places. Each month’s AICPIN is released in the following month.
After 01.01.2006, according to the formula recommended by the 6th CPC, an approximate dearness Allowance for the month is calculated. At the end of June and December, the precise Dearness Allowance is calculated.
In order to calculate this year’s second instalment of Additional Dearness Allowance, AICPIN points of six months are required. As of now, the AICPIN of only one month has been released. In these circumstances, it wouldn't be right to make predictions. Actually, it would be wrong

Expected DA from 1.7.2014 - DA Table monthly wise...

EXPECTED DA FROM JULY 2014 CALCULATOR

EXPECTED DA FROM JULY 2014 CALCULATOR
DID YOU KNOW? YOU CAN CALCULATE DA FOR JULY 2014 YOURSELF!
We have been waiting eagerly for the announcement of 50% DA merger and interim relief for quite some time now, but still no announcement about it has come out! This is really disappointing.
As you know, we got the 50% DA merger(5th paycommission) and interim relief(2nd to 4th paycommission) in the last pay commission to compensate for the increased commodity prices and economic burden. So our present expectation cannot be unreasonable. We only get our DA to manage the price rise of essential commodities. As of now it has reached 100% raise and some allowances are expected to rise only by 25%. When this is the case, calculating the DA rise in the coming July 2014 is somewhat difficult. As of now, the announcement of only one month’s AICPIN has come out. In the coming five months, we will get a complete picture of the AICPIN value. Only after that we can calculate the DA rise accurately.


The value of AICPIN in the past two months has gone down considerably when compared to the previous months. After 1.1.2006, AICPIN has seen a sharp fall during the following periods: March 2007, Dec 2008, Feb 2010,Dec 2011,Dec 2013 and Jan 2014. As AICPIN is fluctuating considerably, predicting the DA of July 2014 is very difficult.
A simple calculator has been created to calculate the DA by yourself. You have to input the AICPIN value (that you think will be in the forthcoming months) and can calculate the DA for July 2014. I have provided a link for the calculator. Using this simple calculator, you can calculate the DA for July 2014 by yourself.

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

 EXPECTED DEARNESS ALLOWANCE FROM JULY 201

This is the first thing that all Central and State Government employees alike would eagerly like to know!

We are the first to calculate and write about ‘Expected DA’. We have been meticulously doing this task for the past five years. Without fail, we publish all the relevant information pertaining to DA, which is given twice every year (January 1, and July 1). It is our practice to calculate these numbers on the basis of certain indicators.

Dearness Allowance is calculated entirely on the basis of price rise and inflation. Of utmost importance for the calculation is the AICPIN (All India Consumer Price Index). Labour Bureau, a Government agency releases these figures each month.

The Consumer Price Index (Industrial Workers) Base 2001 =100 is calculated based on the prices of 24 crucial items. They are also called “Fixed Basket of Goods.” They take into account the change in retail prices of these items.

Three most important constituents of the CPI-IW are the centre specific weighting diagrams, the retail price data and the house rent data. 78 towns are chosen and the list is formulated from the information gathered from these places. Each month’s AICPIN is released in the following month.

After 01.01.2006, according to the formula recommended by the 6th CPC, an approximate dearness Allowance for the month is calculated. At the end of June and December, the precise Dearness Allowance is calculated.

In order to calculate this year’s second instalment of Additional Dearness Allowance, AICPIN points of six months are required. As of now, the AICPIN of only one month has been released. In these circumstances, it wouldn’t be right to make predictions.

AICPIN for Jan 2014 - Expected DA from Jul 2014

AICPIN for Jan 2014 - Expected DA from Jul 2014

 All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237
Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237(two hundred and thirty Seven). On 1-month percentage change, it decreased by 0.84 per cent between December and January compared with the rise of 0.91 per cent between the same two months a year ago. 

The largest downward pressure to the change in current index came from Food group contributing -2.78 percentage points to the total change. At item level, Groundnut Oil, Onion, Brinjal Cabbage, Carrot, Gourd, Palak, Peas, Potato, Tomato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Housing Index and the prices of Rice, Wheat, Fish Fresh, Goat Meat, Poultry, Cooking Gas, Electricity Charges, Petrol etc. putting upward pressure on the index. 
The year-on-year inflation measured by monthly CPI-IW stood at 7.24 per cent for January, 2014, as compared to 9.13 per cent for the previous month and 11.62 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.94 per cent against 11.49 per cent of the previous month and 14.08 per cent during the corresponding month of the previous year.
At centre level, Bhilwara recorded the highest decline of 8 points each followed by Kodarma (7 Points), Bokaro and Surat (6 Points each), Varanasi and Munger Jamalpur (5 Points each). Among others, 4 points decrease was registered in 8 centres, 3 points in 13 centres, 2 points in 12 centres and 1points in 9 centres. On the contrary, Amritsar and Quilon centres reported an increase of 4 points followed by Jharia (3 points). Among others, 2 points increase was observed in 6 centres and 1 point in 7 centres. Rest of the 14 centres’ indices remained stationary.
The indices of 38 centres are above All-India Index and other 39 centres’ indices are below national average. The index of Bhilwara centre remained at par with all-India index.
The next index of CPI-IW for the month of February, 2014 will be released on Monday, 31 March, 2014. The same will also be available on the office website www.labourbureau.gov.in. 

AIRF Demanding Merger of 100% Dearness Allowance with Basic Pay

AIRF Demanding Merger of 100% Dearness Allowance with Basic Pay
All India Railwaymen's Federation publishes the press statement regarding the merger of Dearness allowance with basic pay. The federation demanding merger of 100% Dearness allowance with basic pay for all purposes with effect from 1.1.2014.
The text of the press release has been reproduced and given below for your information...
Press Release of AIRF on Merger of Dearness Allowance and Announcement of Dearness Allowance w.e.f 01.01.2014...

PRESS RELEASE 
New Delhi: February 21, 2014 - All India Railwaymen’s Federation(AIRF) has addressed the issue of merger of 100% Dearness Allowance with Basic Pay for all purposes w.e.f. 01.01.2014 to Hon’ble Prime Minister of India and the Finance Minister, Government of India, as Dearness Allowance will cross 100%. Unfortunately, there is no heed to this issue despite agitations at length over the Indian Railways by the AIRF.
It is also unfortunate that due 10% Dearness Allowance w.e.f. 1st, January, 2014 has still not been announced by the Government of India.
AIRF earnestly requests the Government of India to immediately announce Dearness Allowance w.e.f. 1st January, 2014 all along with merger of 100% Dearness Allowance with Basic Pay.
For General Secretary 
All India Railwaymen’s Federation
Source: AIRF

Expected DA from January 2014 - AICPIN for the month of December 2013 : All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239 (two hundred and thirty nine).

 Expected DA from January 2014 - AICPIN for the month of December 2013 : All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239 (two hundred and thirty nine).

As per the press release of Labour Bureau the Consumer Price Index(IW) fell down by four points from the existing level of 243 and now it stands at 239. However the percentage of additional dearness allowance for Central Government employees and Pensioners from January 2014 will be 10% and the total dearness allowance will become 100%.

The press release said that the percentage contribution of food group is declaimed by 4.96 and the inflation also downward pressure to 9.13 per cent against compare with the previous month of 11.47 per cent.

Most of the Central employees are excepted the index will go higher than three percent, because of the additional dearness allowance will climb to 11%.

But it happened in reverse direction, declined by four points. However the balance percentage will be added in the next dearness allowance calculation.

And now started to expect next installment of additional dearness allowance from July 2014. Although it is too early to predict, the percentage of additional DA from July 2014 will be minimum 7%.

Press Information Bureau
Government of India
Ministry of Labour & Employment

31-January-2014 18:25 IST


Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239(two hundred and thirty nine). On 1-month percentage change, it decreased by 1.65 per cent between November and December compared with the rise of 0.46 per cent between the same two months a year ago.

The largest downward pressure to the change in current index came from Food group contributing -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013, as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year.

At centre level, Giridih recorded the highest decline of 12 points each followed by Ahmedabad, Chhindwara, Varanasi, Munger, Jamalpur, Nagpur and Bhavnagar (10 points each).Jamshedpur (09 points), Rourkela, Ludhiana, Tripura and Angul Talcher (08 points each) Among others, 7 points decrease was registered in 9 centres, 6 points in 8 centres, 5 points in 11 centres, 4 points in 8 centres, 3 points in 7 centres, 2 points in 9 centres and 1 point in 7 centres. On the contrary, Sholapur centre reported an increase of 4 points followed by Puducherry (2 points), Coimbatore and Srinagar centres 1 point each. Rest of the 3 centres’ indices remained stationary.

The indices of 37 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Varanasi and Vijaywada centre remained at par with all-India index.

The next index of CPI-IW for the month of January, 2014 will be released on Friday, 28 February, 2014.

The same will also be available on the office website www.labourbureau.gov.in.

Source: PIB News

Central D.A. for Jan'14 and Bank D.A. from Feb'14 will be known today (31.01.2014)

 Central D.A. for Jan'14 and Bank D.A. from Feb'14 will be known today (31.01.2014)

 With the scheduled release of AICPIN No. for December 2013 by Labour Bureau, the actual increase in Dearness Allowance for Central Govt. employees from 01.01.2014 and Bank employees from Feb to April 2014 can be calculated today. Usually the data is released in the evening. It is anticipated earlier that Central employees are going to get 10% increase and Bank employees to get 34 slabs hike in D.A.

As the central D.A. pattern is followed by most of the state Govt.s , everybody is waiting to know the final calculation.

Expected AICPIN for December 2013 – Expected DA Jan 2014

Expected AICPIN for December 2013 – Expected DA Jan 2014
‘Expected DA from Jan 2014′ will be an end and the last and final calculation is waiting for CPI(IW) December 2013. Consumer Price Index(IW) for the month of December 2013 will be announced today or tomorrow by the Labour Bureau.
All we know that AICPIN is the magic number for the calculation of Dearness allowance. Especially, this is the last factor to decided for the purpose of additional Dearness allowance to CG Employees and Pensioners from January 2014.

CPI(IW) Base Year 2001=100, if possible the index move from the existing level of 243 to 246 then the additional DA from Jan 2014 will be fixed at 11%. But, the chances are very less.
The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers alos decreased by 12 points for the month of December 2013. Anyhow, certainly the additional Dearness allowance will be fixed at the level of 10%. So, the total Dearness allowance will become as 100%.
Finally the DA hits century..!
[http://7thpaycommissionnews.in/expected-aicpin-for-december-2013-expected-da-jan-2014/]

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11%

Expected DA from Jan 2014 - Additional DA from Jan 2014 likely to hike by 11% 
The one more and another additional Dearness allowance to Central Government employees and Pensioners from Jan 2014 will be announced in the middle of March 2014.
This is too early and predict the enhancement in percentage of Dearness allowance with effect from January 2014. The prediction and announcement of this hike make us cool, that the additional DA will jump to 101% and another word, an additional DA would be 11%. 

But, still we have to wait for one more month, that the magic number of AICPIN would be increased by 3% and more..! From the existing level of the AICPIN is now 243, if it becomes 246 in end of December 2013, out prediction will be right…or otherwise certainly we would cross century in total Dearness allowance… 
The table describes the prediction of additional DA from Jan 2014…

Month Year AICPIN (IW) BY 2001=100 Points Increasing in AICPIN  Total Average App. DA DA
Jun 2013 231 3 2648 220.67 90.62 90
Jul 2013 235 4 2671 222.58 92.28
Aug 2013 237 2 2694 224.5 93.93
Sep 2013 238 1 2717 226.42 95.59
Oct 2013 241 3 2741 228.42 97.32
Nov 2013 243 2 2766 230.5 99.12
Dec 2013 Expected 246 3 2793 232.75 101.06 101

Source : www.7thpaycommissionnews.in
[http://7thpaycommissionnews.in/expected-da-from-jan-2014-additional-da-from-jan-2014-likely-to-hike-by-11/]

Expected DA from Jan 2014 - AICPIN for the month of November 2013

Expected DA from Jan 2014 - AICPIN for the month of November 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013
According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243(two hundred and forty three). On 1-month percentage change, it increased by 0.83 per cent between October and Novembert compared with 0.46 per cent between the same two months a year ago. 

The largest upward pressure to the change in current index came from Food group contributing 2.23 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta Milk, Pure Ghee, Garlic, Potato, Tomato and other vegetable items, Tea Readymade etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Fish Fresh, Poultry, Onion, Ginger, Electric Charges, Medicine (Allopathic), Petrol, putting downward pressure on the index. 
The year-on-year inflation measured by monthly CPI-IW stood at 11.47 per cent for November, 2013, as compared to 11.06 per cent for the previous month and 9.55 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 16.17 per cent against 15.02 per cent of the previous month and 10.85 per cent during the corresponding month of the previous year.
At centre level, Bokaro recorded the highest increase of 11 points each followed by Giridih, Kodarma and Angul-Talcher (9 points each), Munger-Jamalpur (8 points) and Rourkela, Sholapurand Raniganj (7 points each). Among others, 6 points rise was registered in 5 centres, 5 points in 5 centres, 4 points in 8 centres, 3 points in 15 centres, 2 points in 14 centres and 1 point in 12 centres. On the contrary, Surat centre reported a decline of 6 points followed by Amritsar, Bhavnagar and Vadodara (4 points each), Coonoor and Nagpur (2 points each) and Ahmedabad centre I point. Rest of the 4 centres’ indices remained stationary.
The indices of 40 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Tiruchirapally centre remained at par with all-India index.
The next index of CPI-IW for the month of December, 2013 will be released on Thursday, 31 January, 2014. The same will also be available on the office website www.labourbureau.gov.in.

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