CPI (IW) for December 2013 released – DA from January 2014 is 100%
CPI (IW) for the month of December 2013 released – DA from January 2014 for Central Government Employees estimated to be 100%
Consumer Price Index (Industrial Workers) – CPI (IW) for the month December 2013 has been released by Government. As per the press release issued by Labour and Employment Ministry on 31.01.2014, CPI (IW) for the Month of December 2013 is 239, which is 4 points less than the CPI (IW) for the Month of November 2013.
Now we have Consumer Price Index (IW) of all the twelve months i.e from January 2013 to December 2013 in our hands now to estimate Dearness Allowance for Central Government Employees and Pensioners from January 2014.
CPI (IW) for the months from January 2013 to December 2013 indicates that DA for Central Government Employees from January 2014 will be 100%
Check the following links to read our previous estimation on DA from January 2014
You can also Estimate DA from January 2014 for Central Government Employees and Pensioners using the following GConnect DA Calculator
Readers may please note that this is only an estimation of DA for Central Government Employees on the basis of CPI(IW) from January 2013 to December 2013. Actual DA % will be announced by Government in the month of March / April 2014
Here is the press release issued by PIB to announce Consumer Price Index (IW) for December 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2013
The largest downward pressure to the change in current index came from Food group contributing -4.96 percentage points to the total change. At item level, Onion, Ginger, Chillies Green, Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs, Hen, Poultry, Milk, Pure Ghee, Garlic, Firewood, ESI Contribution, etc. putting upward pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013, as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year.
At centre level, Giridih recorded the highest decline of 12 points each followed by Ahmedabad, Chhindwara, Varanasi, Munger, Jamalpur, Nagpur and Bhavnagar (10 points each).Jamshedpur (09 points), Rourkela, Ludhiana, Tripura and Angul Talcher (08 points each) Among others, 7 points decrease was registered in 9 centres, 6 points in 8 centres, 5 points in 11 centres, 4 points in 8 centres, 3 points in 7 centres, 2 points in 9 centres and 1 point in 7 centres. On the contrary, Sholapur centre reported an increase of 4 points followed by Puducherry (2 points), Coimbatore and Srinagar centres 1 point each. Rest of the 3 centres’ indices remained stationary.
The indices of 37 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Varanasi and Vijaywada centre remained at par with all-India index.
The next index of CPI-IW for the month of January, 2014 will be released on Friday, 28 February, 2014. The same will also be available on the office website www.labourbureau.gov.in.
Source : PIB