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Wednesday, July 1, 2015

Expected DA from July 2015 will be 119%

Central Government Employees DA from July 2015 will be 119% – All India Consumer Price Index (Industrial Workers) for May 2015 released by Labour Bureau – Two Point increase in AIPCI(IW)

DA from July 2015 – As estimated in our article on 30th May 2015, Dearness Allowance for Cental Government Employees with effect from July 2015 will be increased by 6% thanks to two point increaase in All India CPI (IW) for May 2015.
Except CPI for June-2015, all data for calculation of Dearness Allowance from July 2015 are available now.
MonthActual AICPI-IW
Jul-2014252
Aug-2014253
Sep-2014253
Oct-2014253
Nov-2014253
Dec- 2014253
Jan-2015254
Feb-2015253
Mar-2015254
Apr-2015256
May-2015258
Jun-2015To be released
We have to take the assumed value for CPI-IW only for June 2015. It is found that even for increase of 6 points in June 2015 from the existing CPI of 258, DA from July 2015 will be 119%. Only when CPI is increased to 265 from the existing level of 258, DA from July 2015 will be increased to 120%.