Dear Comrades,
A summary of All India Consumer Price Index for Industrial workers for the months from January 2011 to December 2011 is given below.
Month
|
Jan 11
|
Feb 11
|
Mar 11
|
Apr 11
|
May 11
|
Jun 11
|
Jul 11
|
Aug 11
|
Sep 11
|
Oct 11
|
Nov 11
|
Dec 11
|
AICPI
|
188
|
185
|
185
|
186
|
187
|
189
|
193
|
194
|
197
|
198
|
199
|
197
|
Labour
Bureau, Government of India has announced the All India Consumer Price Index for Industrial workers (AICPI
(IW))
for the month of December
2011 as 197.
In the previous month (November-2011), AICPI (IW) was
199.
We know that to estimate Dearness Allowance Rate applicable
for central government employees, All India Consumer Price Index for Industrial
workers (AICPI (IW)) for the previous 12 months are required. So, based on the
AICPI (IW) for the months from Jan-2011 to Dec-2011 we can easily estimate the
expected dearness allowance for
the Central Government employees with effect from 1.1.2012 using the following
formula.
In the recent past, many were guessing the
applicable DA rate with effect from 1.1.2012, using AICPI (IW) for the
months from Jan-2011 to Nov-2011 only as the same for Dec 2011 was not
announced. Since, the AICPI (IW) for December 2011 is also out last week, there
is no need for any wild guess regarding the DA Rate for central government
employees from 1.1.2012 any more. The DA rate with effect from 1st January 2012
by entering the AICPI (IW) for the month of December 2011 which is 197, in the
relevant field.
Thus, the applicable DA rate with
effect from 1.1.12 is estimated to be 65%, which an increase of 7% from the
existing DA rate of 58%.
The official announcement by the
Government for eligible DA rate for central government employees with effect
from 1.1.2012 can be expected in the month of
March-2012.
