'Expected DA from January 2015'
It is
highly unlikely that there will be a two-digit DA hike in the next two
instalments (January 2015 and July 2015). Kindly keep in mind the fact
that despite a 6 point increase
of the AICPIN from 246 to 252 for the month of July 2014, there was
hardly an impact. Even if it increases by 3 points over the next five
months, the DA would increase to 9% only. It is impossible for AICPIN to
constantly increase in future.
We
believe that, under current circumstances, the next installment of
additional Dearness allowance from Jan 2015 hike would only be about 6
or 7%.
We have analyzed the impact of CPI number on increasing DA and given below†a table to express the†same for your information...
Month/Year
CPI(IW) 2001=100 Points Increased Total of 12 Months 12 Months Average %
Increase over 115.763 App. DA DA % DA Increased in %
July 2014 252 6 2896 241.33 125.57 108.47 108 1.22
Month/Year
CPI(IW) 2001=100 Points Increased Total of 12 Months 12 Months Average %
Increase over 115.763 App. DA DA % DA Increased in %
Jun-13 231 3 2648 220.67 104.91 90.62 90 1.66
Jul-13 235 4 2671 222.58 106.82 92.28 92 1.66
Aug-13 237 2 2694 224.50 108.74 93.93 93 1.66
Sep-13 238 1 2717 226.42 110.66 95.59 95 1.66
Oct-13 241 3 2741 228.42 112.66 97.32 97 1.73
Nov-13 243 2 2766 230.50 114.74 99.12 99 1.80
