Consumer Price Index for Industrial Workers for December 2014

Consumer Price Index for Industrial Workers for December 2014 released by Labour Bureau

No.5/1/2014-CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004

DATED: the 30th January, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – December, 2014

The All-India CPI-IW for December, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained static between November, 2014 and December, 2014 when compared with the decrease of (-) 1.65 per cent between the same two months a year ago.

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Expected DA Jan 2015 – ‘DA’ run may stop at 113

Expected DA for January 2015 – DA Hike Almost Decided..!

Until the 6th CPC, the Dearness Allowance didn’t increase by more than 1 or 2%. It was only after the 6th Pay Commission that it began to increase substantially. With the skyrocketing prices of essential commodities, Dearness Allowance too began to rise. Twice, it touched double digits. In July 2013 and Jan 2014, within 12 months the DA has leapt on to the 100%. We cannot forget that the each instalment gave 10%. Then, it slumped.

Dearness Allowance, which is given once every six months, is likely to be 6% hike from January 2015. This is 1% less than the previous hike of additional DA from July 2014. The total DA from Jan 2015 will become 113%.

As soon as the first instalment is confirmed, expectations will start growing about the second instalment, i.e., ‘Expected Da from July 2015‘. The second instalment of the year will cover the months between July and December 2015. This will be the last time that the DA hike will be calculated based on the method recommended by the 6th Pay Commission. DA of 2016 will be calculated based on the recommendations made by the 7th Pay Commission.

7th Pay Commission on DA Calculation..? Is there any possible to change in the method of calculation..?

First, we have to know about the calculation of Dearness Allowance…

How DA is calculated..?

Month Year /  CPI(IW) BY 2001=100 / Total / Average / App. DA / DA%

First is the month and year. Then the CPI (IW) Base Year 2001=100 and the relevant data. In the next column, you have the sum total of all the 12 months, i.e., the total of the declared AIPCIN numbers for the past 12 months. Next comes the division of the sum total by 12.

The next step is the most crucial one. You will have to find out by how much it exceeds 115.76. You will have to calculate the excess as percentage of 115.76.

(12 Monthly Average) – 115.76

------------------------------------------- X  100 = Percentage increase in prices

115.76

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Consumer Price Index for Industrial Workers (CPI-IW) – November, 2014

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2014

G.I., MoL&E., Press Release No. 5/1/2014- CPI, dated 31.12.2014

Consumer Price Index for Industrial Workers (CPI-IW) – November, 2014

The All-India CPI-IW for November, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained static between October, 2014 and November, 2014 when compared with the rise of 0.83 per cent between the same two months a year ago.

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Expected AICPIN for Nov 2014 – Will the AICPIN rise?

Expected AICPIN for Nov 2014 – Will the AICPIN rise?

It looks as if there is scarcely any curiosity among Central Government employees to know about the next DA hike percentage. With just about everybody trying to predict the percentage hike, the topic has lost its novelty. Moreover, with DA increase not amounting to anything much, the curiosity to know has also nosedived.

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Expected DA Jan 2015 – Easy Calculation Instant Chart with input of AICPIN

Expected DA Jan 2015 – Easy Calculation Instant Chart with input of AICPIN

Once upon a time, Dearness Allowance calculation method and formula was very difficult for Central Government employees and Pensioners. And, some of few administrative staff and employees only to predict the Dearness allowance and Dearness Relief before the authentic announcement of Cabinet Committee with the help of calculation formula. ‘Swamy’s News’ books, one of the fantastic way to know the increasing in DA and DR for all. Even the publication releasing the book by monthly edition, more than three decades ‘Monopolize’ news magazine among Central Government employees. Still every unionist is getting knowledge on service matters through these publication books continues.

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Expected Dearness Allowance from January 2015 for Central Govt Employees and Pensioners, almost confirmed 6% increase…

Expected Dearness Allowance from January 2015 for Central Govt Employees and Pensioners, almost confirmed 6% increase…

Expected DA from Jan 2015 is on fourth step, no change in the index of CPI(IW) for the month of October 2014, stands at 253 only.

Increase in Dearness allowance for Central Govt employees and Pensioners from Jan 2015 is likely to be 6% and the total Dearness allowance will go up to 113%.

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AICPIN for the Month of October 2014 – Labour Bureau Press Release

Expected DA from Jan 2015 

Press Release has been published by Labour Bureau today regarding the statistics of Consumer Price Index, particularly for the calculation of Dearness allowance issued to the employees working under Central Government…

DA from Jan 2015 is almost confirmed by 6%...

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Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014

Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014

Expected DA from Jan 2015 – AICPIN Points for September Released – Remains Unchanged at 253

One of the most important department functioning under the Central Government is the Labour Bureau. The department releases a number of important statistics and conducts surveys. In the year 1872, the department had successfully conducted the population census of the entire country. This census gave not only the count of number of persons, but also the number of gainfully employed. Since then every census has thrown useful data on workers in different industries and occupations every 10 years. The bureau also releases official information, economic indicators like Consumer Price Index Numbers for Industrial, Agricultural and Rural Labourers; wage rate indices and data on industrial relations etc. that are followed by a number of government departments.

One such indicator is the monthly Consumer Price Index Numbers (Industrial Workers 2001=100), which is used to calculate the Dearness Allowance for Central Government employees. Prices of 24 essential commodities (from rice to bathing soap) are observed in 78 cities all over the country in order to calculate the average index of CPI(IW).

It is based on these statistics that, once every six months, the Centre announces Dearness Allowance for its employees. Based on the AICPIN(All India Consumer Price Index Numbers) between January and June, and between July and December, the Finance Ministry decides the percentage of hike in Dearness allowance and Dearness Relief according to the recommendations of 6th CPC and informs the Government. The Centre makes its decision after discussing the recommendation during the cabinet meeting.

Now, ‘Expected DA from Jan 2015′ is the first installment of next year and only three months’ data have been collected as of now, for the Dearness Allowance. Accurate D.A percentage can be calculated only after the remaining 3 months’ AICPIN points are announced.

But, we believe that based on October’s AICPIN points, we can conclude if the next D.A hike is going to be for 6% or 7%.

The Dearness Allowance announcements since 2006 have been tabulated and presented, as additional information.

Year wise DA Calculation tables form 2006 to 2014…

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Expected DA from Jan 2015 - AICPIN for the month of September 2014

Expected DA from Jan 2015 - AICPIN for the month of September 2014

No.5/1/2014- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’,  SHIMLA-171004:

Dated the 31st October, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2014

The All-India CPI-IW for September, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained stalic between August, 2014 and September, 2014 when compared with the rise of 0.42 per cent between the same two months a year ago.

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