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Tuesday, December 11, 2012

Expected DA from January, 2013 will be 80% or 81%

 

DA from January, 2013 will be

 80%

 

CPI-IW index in DEC2012 increased by one point to 219 ,

thus DA wef 01 Jan works out to be 80.83(80%)


Expected DA from January, 2013 will be

 80% or 81% after October, 2012

 CPI-IW index

Expectation of future Dearness Allowance from January, 2013 on the basis of
2 points jump in CPI-IW for the month of October, 2012
giving 50-50 expectation for DA  80% or 81%  means an increase of
8% or 9% as the Dearness Allowance has been announced 72%
from July, 2013.  All India Consumer Price Index Number
 [http://labourbureau.nic.in/indtab.html] for Industrial Workers
 (CPI-IW) on base 2001=100 for October, 2012 showing
 increase in 1 point and stood at 217 
(Two hundred and seventeen).
The different expectations of DA from January, 2013
are illustrated below:- 

Expectation-1
If it is expected only 1 point increase in this index for coming two months
 the Dearness Allowance for Central Government Employee will
confirm 80% in January, 2013:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76
Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA

Jul-12
212
2414
201.17
73.78%
72%
Aug-12
214
2434
202.83
75.22%
80%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
218
2490
207.50
79.25%
Dec-12
219
2512
209.33
80.83%
Jan-13
Expected DA from January 2013


Expectation-2

If  2 point increase in this index for any of coming two month and 1 point increase 
 in other, the Dearness Allowance for Central Government Employee also will 
not exceed 80% in January, 2013:-

Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA
Jul-12
212
2414
201.17
73.78%
72%
Aug-12
214
2434
202.83
75.22%
80%
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
220
2514
209.50
80.98%
Jan-13
Expected DA from January 2013

Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA
Jul-12
212
2414
201.17
73.78%
72%
Aug-12
214
2434
202.83
75.22%
80%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
218
2490
207.50
79.25%
Dec-12
220
2513
209.42
80.91%
Jan-13
Expected DA from January 2013


Expectation - 3
If we expect 2 point increase in this index for coming two month,
 the Dearness Allowance for Central Government Employee
will be approximatily 81% in January, 2013:-
Dearness Allowance = 
(Avg of AICPI for the past 12 months - 115.76)*100/115.76

Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA
Jul-12
212
2414
201.17
73.78%
72%
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
221
2515
209.58
81.05%
Jan-13
Expected DA from January 2013



Expectation - 4
In this last expectation we check that in which situation the increase
 in DA from Jan-2013 will cross 9%.   For that an unexpected
 jump of 10 months for next month or 7 point jump of coming
both months (Nov & Dec) will give 10% increase and this
expectation is very much unexpected.  See below :
Dearness Allowance =
(Avg of AICPI for the past 12 months - 115.76)*100/115.76

Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA
Jul-12
212
2414
201.17
73.78%
72%
Aug-12
214
2434
202.83
75.22%
82%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
224
2496
208.00
79.68%
Dec-12
230
2529
210.75
82.06%
Jan-13
Expected DA from January 2013


Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA 
Jul-12
212
2414
201.17
73.78%
72%
Aug-12
214
2434
202.83
75.22%
82%
Sep-12
215
2452
204.33
76.51%
Oct-12
217
2471
205.92
77.88%
Nov-12
227
2499
208.25
79.90%
Dec-12
227
2529
210.75
82.06%
Jan-13
Expected DA from January 2013

Hence, it is also clear that expectation of increase in DA from January, 2013 will not cross 9%.

1 comment:

B P Singh Maidh said...

Thursday, April 25, 2013
Finance Ministry DA Order Jan 2013 : Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.1.2013

Finance Ministry has issued order to pay the Dearness Allowance to Central Government employees at revised rates effective from 1st January, 2013.

No. 1(2)/2013-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated: 25th April, 2013.

OFFICE MEMORANDUM

Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.1.2013.

The undersigned is directed to refer to this Ministry’s Office Memorandum No.1(8)/2012-E-II (B) dated 28th September, 2012 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 72% to 80%with effect from 1st January, 2013.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No.1(3)/2008-E-ll(8) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional Installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders issue in consultation with the Comptroller and Auditor General of India.

6. The Hindi version of this O.M. is also attached,

sd/-
(K.R. Sharma)
Under Secretary to the Government of India

Source: www.finmin.nic.in
[http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/da01012013.pdf]