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Central Government Employees DA from July 2013 – Estimation based on All Consumer Price Index AICPI-IW up to May 2013 – DA for Central Government Employees from July 2013 will be 90%
AICPI-IW for the month of May 2013 has been released by Ministry of Labour recently (Click here for more details). This index gains significance as AICPI-IW from July-2012 to June-2013 will be required to calculate Central Government Employees DA from July 2013
AICPI (IW) for the period from July 2013 to April 2013
|Jun 2013||To be released in the month July 2013|
We discussed about two Scenarios last month on probable DA from July 2013 . Click here to check the details of the same.
Scenario I which we had discussed for problable DA of 90% from July 2013 in the said article may be getting confirmed as CPI-IW for the month of May 2013 is 228 now. Happening of Scenario II for probable DA of 91% is far-fetching as CPI-IW for the month of June 2013 should be increased to 237 for June 2013 in order to get DA of 91%. As 9 point increase of CPI-IW in a single month may not be possible, we presume that DA for Central Government Employees from July 2013 will be 90% only
Please note that actual increase of DA from July 2013 will be known only after the formal announcement of the same by Government in the month of October 2013.