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Expected DA from January 2013 – AICPI-IW for November 2012 released
AICPI – IW (All India Consumer price Index for industrial workers with the base as 2001=100) for the month of November 2012 has been issued by Government.
All India consumer price index AICPI-IW for the period from January 2012 to November 2012
|Dec 2012||Will be released in the last week of January 2012|
Estimated Dearness Allowance with effect from January 2013
From the table above you could see that except AICPI for the month of December 2012, all the details for calculating Dearness Allowance with effect from January 2013 are available. Assuming that there is no change in AICPI-IW for December 2012 i.e it is pegged at 218, then Expected DA from January 2013 will be 80%. DA will remain to be at 80% for change in AICPI for December 2012 up to 221. If AICPI(IW) for December 2012 touches 222, then expected DA with effect from January 2013 will be 81%.
GConnect DA Calculator
Enter AICPI-IW for the month of December 2012 which you predict (from 218 to 222) in the following GConnect DA Calculator to estimate DA.
The full text of PIB release for All India Consumer Price Index for the month of November 2012
Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2012The All-India CPI-IW for November, 2012 rose by 1 point and pegged at 218 (two hundred and eighteen). On 1-month percentage change, it increased by 0.46 per cent between October and November compared with 0.51 per cent between the same two months a year ago.The largest upward contribution to the change in current index came from food items which increased by 0.86 per cent, contributing 1.01 percentage points to the total change. At item level, largest upward pressure came from Rice, Wheat Atta, Goat Meat, Milk, Onion, Potato, Tea (readymade), Snack Saltish, etc. The other items like Cooking Gas, Medicine (Allopathic), Bus Fare, Auto Rickshaw Fare, Flower/Flower Garlands, Tailoring Charges, etc. also put upward pressure in total change.The largest downward contribution to the change in current index came from Pulses and Products with a decline of 0.38 per cent, contributing (-) 0.03 percentage points to the total change. However, at item level, vegetable & fruit items like Cauliflower, Radish, Palak, Brinjal and Orange put downward pressure on the index.The year-on-year inflation measured by monthly CPI-IW stood at 9.55 per cent for November, 2012 as compared to 9.60 per cent for the previous month and 9.34 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 10.85 per cent against 9.91 per cent of the previous month and 7.61 per cent during the corresponding month of the previous year.At centre level, Mysore recorded the largest increase of 7 points followed by Vijaywada (6 points) and Guntur, Tiruchirapally, Coimbatore and Bengluru (5 points each). Among others, 4 points rise was registered in 7 centres, 3 points in 10 centres, 2 points in 6 centres and 1 point in 20 centres. Nagpur centre reported a decline of 2 points and other 9 centres registered a fall of 1 point each. Rest of the 19 centres’ indices remained stationary.The indices of 41 centres are above All-India Index and other 36 centres’ indices are below national average. Puducherry’s index remained at par with all-India index.The next index of CPI-IW for the month of December, 2012 will be released on Thursday, January 31, 2013.