7th Pay Commission recommended for retaining CPI (IW) with Base 2001=100, the price index which is being used for calculating Dearness Allowance since 1st January 2006
This is an analysis on possible DA rate in percentage with effect from January 2016 for which Central Government Employees and Pensioners are entitled to. Quantum of increase in DA in this half yearly period gains more significance keeping view with Date of effect of 7th Pay Commission Pay and Allowances
Central Government Employees DA with effect from January 2015 is 113%. On the basis of AICPI (IW), DA from July 2015 is now confirmed to be 119%. DA from July 2015 will be announced by Govt in the month of September 2015 or October 2015 normally.
DA from July 2015 estimated to be 119% on basis of trend in CPI-IW with 6% increase from present DA – Labour Bureau releases CPI-IW for April 2015 Labour Bureau, Government of India has released the All India Consumer Price Index for Industrial Workers (AICPI-IW) for April 2015. As against the flat and reducing Trend […]
Ministry of Finance has announced the DA hike from 212% to 223% with effect from 01.01.2015
6% DA hike from January 2015 – All India Consumer Price Index (Industrial Workers) for December 2014 released. DA from January 2015 confirmed to be 113%.
Expected DA from January 2013 – AICPI-IW for November 2012 released. All India Consumer price Index for industrial workers with the base as 2001=100