Expected DA from July 2014

Estimation of Dearness Allowance/Dearness Relief expected from July, 2014 on the basis of March, 2014 AICPIN is now giving some clear picture. After 1 points increase in last month All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for the month of March, 2014 also increased by 1 points and pegged at 239 (two hundred and thirty Nine).  This 1 point increase in Index also increased expectation of future DA/DR from 5-6 percent to 6-7 percent.  Next months' AICPIN will give confirm picture of expected DA/DR from July, 2014.  Expectation of DA/DR for July, 2014 may understood with table is given below:-


Expectation Increase/
Decrease
Index
Month Base
Year
2001
= 100
Total
of 12
Months
Twelve
monthly
Average
%
increase
over
115.76
for   DA
DA
announced
or will
be
announced

3 Jun,13 231 2648 220.67 90.62% 90%
DA from
Jan, 2014
Orders


DR Order
4 Jul,13 235 2671 222.58 92.28%
2 Aug,13 237 2694 224.50 93.94%
1 Sep,13 238 2717 226.42 95.59%
3 Oct,13 241 2741 228.42 97.32%
2 Nov,13 243 2766 230.50 99.12%
-4 Dec,13 239 2786 232.17 100.56% 100%
Jan+AICPIN -2 Jan,14 237 2802 233.50 101.71%
Feb+AICPIN 1 Feb,14 238 2817 234.75 102.79%
Mar+AICPIN 1 Mar,14 239 2832 236.00 103.87%
1st
Expectation
for 6%
0 Apr,14 239 2845 237.08 104.81% 106%
0 May,14 239 2856 238.00 105.60%
0 Jun,14 239 2864 238.67 106.17%
Expected DA/DR from July, 2014
2nd
Expectation
for 6%
1 Apr,14 240 2846 237.17 104.88% 106%
1 May,14 241 2859 238.25 105.81%
1 Jun,14 242 2870 239.17 106.61%
Expected DA/DR from July, 2014
2nd
Expectation
for 7%
2 Apr,14 241 2847 237.25 104.95% 107%
2 May,14 243 2862 238.50 106.03%
2 Jun,14 245 2876 239.67 107.04%
Expected DA/DR from July, 2014

You may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

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