Expectation of future Dearness Allowance from January, 2013 on the basis of 2 points jump in CPI-IW for the month of August, 2012 and 1 point jump in September, 2012 giving expectation for DA 80% or more from January 2013.
All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for September, 2012 showing increase in 1 point and stood at 215 (Two hundred and fifteen).
Expectation-1
If we expect only 1 point increase in this index for every month the Dearness Allowance for Central Government Employee will touch 80% in January, 2013. In view of increased LPG & Diesel price etc. we expect more monthly increase in Index and similarly in future DA. Please go through the following calculation:-
Expected Dearness Allowance DA for Jan, 2013 calculated as under:
Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76
Month
|
Base Year 2001 = 100
|
Total of 12 Months
|
TwelvemonthlyAverage
|
% increase over 115.76 for DA
|
DA announced or will be announced
|
Dec-11
|
197
|
2298
|
191.50
|
65.43%
|
65%
|
Jan-12
|
198
|
2308
|
192.33
|
66.15%
| |
Feb-12
|
199
|
2322
|
193.50
|
67.16%
|
72%
|
Mar-12
|
201
|
2338
|
194.83
|
68.31%
| |
Apr-12
|
205
|
2357
|
196.42
|
69.68%
| |
May-12
|
206
|
2376
|
198.00
|
71.04%
| |
Jun-12
|
208
|
2395
|
199.58
|
72.41%
| |
Jul-12
|
212
|
2414
|
201.17
|
73.78%
| |
Aug-12
|
214
|
2434
|
202.83
|
75.22%
|
80%
|
Sep-12
|
215
|
2452
|
204.33
|
76.51%
| |
Oct-12
|
216
|
2470
|
205.83
|
77.81%
| |
Nov-12
|
217
|
2488
|
207.33
|
79.11%
| |
Dec-12
|
218
|
2509
|
209.08
|
80.62%
| |
Jan-13
|
Expected DA from January, 2013
| ||||
Expectation-2
If we expect 2 point increase in this index for every month the Dearness Allowance for Central Government Employee will exceed 80% in January, 2013. In view of increased LPG & Diesel price etc. we expect more monthly increase in Index and similarly in future DA. Please go through the following calculation:-
Expected Dearness Allowance DA for Jan, 2013 calculated as under:
Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76
Aug-12
|
214
|
2434
|
202.83
|
75.22%
|
81%
|
Sep-12
|
215
|
2452
|
204.33
|
76.51%
| |
Oct-12
|
217
|
2471
|
205.92
|
77.88%
| |
Nov-12
|
219
|
2491
|
207.58
|
79.32%
| |
Dec-12
|
222
|
2516
|
209.67
|
81.12%
| |
Jan-13
| Expected DA from January, 2013 | ||||
Courtesy:http://karnmk.blogspot.in/2012/10/expected-da-upto-81-from-january-2013.html
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