Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released
Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released by Labour Bureau – 3 Point increase in AICPI (IW) from 258 to 261.
Labour Bureau, Ministry of Labour and Employment has released All India Consumer Price Index (Industrial Workers) for the month of June 2015. As per the press release dated 31.07.2015, AICPI(IW) for June 2015 is 261, an increase of 3 points from the consumer price index of 258 for the month of May 2015. ‘
Consequently, eligible DA from July 2015 for Central Government Emplyees is now confirmed to be 119% which will be an increase of 6% from the existing DA of 113%
All India Consumer Price Indices for the months from July2014 to June 2015, which are required to determine Dearness Allowance entitled to Central Government Employees including Railway Employeees, Defence Personnel and Pensioners are follows
|DA from Jul 2015=||[(252+253+253+253+253+253+254+253+254+256+258+261)-115.76]*100/115.76|
|=||119% (6% increase in DA from July 2015)|
Check the above calculation using the GConnect DA Calculator
No. 5/1/2015- CPl. GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31st July, 2015
Consumer Price Index for Industrial Workers (CPI-IW) – June, 2015
The All-India CPI-IW for June, 2015 increased by 3 points and pegged at 261 (two hundred and sixty one). On I-month percentage change, it increased by (+) 1.16 per cent between May, 2015 and June, 2015 when compared with the increase of(+) 0.82 per cent between the same two months a year ago.
The maximum upward pressure to the change in current index came from Food group contributing (+) 2.35 percentage points to the total change. At item level, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Mustard Oil, Fish Fresh, Eggs (Hen), Poultry (Chicken), Milk (Buffalo & Cow), Onion, Chillies Green, Ginger, Vegetable items, Petrol, etc. are responsible for the increase in index. However, this increase was restricted by Rice, Mango, Lemon, Sugar, Electricity Charges, etc., putting downward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 6.10 per cent for June, 2015 as compared to 5.74 per cent for the previous month and 6.49 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.67 per cent against 5.99 per cent of the previous month and 5.88 per cent during the corresponding month of the previous year.
At centre level, Quilon reported the highest increase of 15 points followed by Godavarikhani (9 points) and Raniganj (7 points). Among others, 6 points increase was observed in 4 centres,S points in 9 centres, 4 points in 11 centres, 3 points in 8 centres, 2 points in 15 centres and 1 point in 11 centres. On the contrary, Ghaziabad centres recorded a maximum decrease of 2 points. Among others, I point decrease was observed in 6 centres. Rest of the 10 centres’ indices remained stationary.
The indices of 35 centres are above All India Index and other 42 centres’ indices are below national average. The index of Lucknow is at par with all-India index.
The next index of CPI-IW for the month of July, 2015 will be released on Monday, 31st August, 2015. The same will also be available on the office website www.labourbureau.gov.in.
Source: Labour Bureau