Central DA from July 2012

It is now confirmed that, from the AICPIN-IW published in the Labourbureau website   for the month of JUNE 2012, the Percentage of  Dearness Allowance that will be paid for Central Government Employees from July 2012 will be 72%.

The  All India Consumer Price Index Number for Industrial Worker for the last 12 months, ie from July2011 to June 2012  is given below

Jul-11 193

Aug-11 194

Sep-11 197

Oct-11 198

Nov-11 199

Dec-11 197

Jan-12 198

Feb-12 199

Mar-12 201

Apr-12 205

May-12 206

Jun-12 208

The avarage AICPIN-IW for the past 12 months is 199.58

If we apply this in the Formula given below to calculate the Dearness Allowance, we will get the exact amount of Dearness Allowance Percentage that will be paid from July 2012.

Dearness Allowance = (Avg of AICPI -IW for the past 12 months – 115.76)*100/115.76

So the Percentage of Dearness Allowance that will be paid for Central Government Employees from July 2012 will be 72%.   The Central Government of Employees will be happy to witness a noticeable increase in their salary from the month of July 2012 on account of one annual Increment and   7%  hike in the  Dearness Allowance Component. But the Central Government decision over Dearness Allowance will be taken by the Cabinet Committee,  by  the First week of  September 2012.

source:gservants.com

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Expected da from july 2012

Expected da from july 2012

    Again the Dearness Allowance fever started among all the central government employees, as the time for releasing additional installment of dearness allowance to the Central Government Employees and Dearness relief to pensioners is getting closer. Assumption, predictions and calculations on the rate of Dearness Allowance, which is going to be raised from July 2012, is the hottest subject of Central Government Employees to talk about.

    The reason is very simple. The unbelievable Price hike of petrol and essential commodities will swallow the major portion of their salary .In this condition providing quality education to the children is a very big challenge for working class. The rise in Dearness Allowance alone will not solve all financial problems of central government employees especially those who are in Pay Band –I. But they don’t have any other option to raise their income apart from promotion, annual increment and Dearness Allowance. So their expectation over Dearness Allowance in every six month is inevitable. At present the rate of dearness allowance is 65%. The AICPIN-IW for April 2012 has been released recently. The AICPIN-IW has increased 4 points and reached 205. If the same trend continues for the coming two months, the Dearness Allowance may witness 7% increase and so that we can expect that the rate of DA from July 2012 will touch 72% level

courtesy: gservants.com

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