Sunday 30 June 2013

CENTRAL GOVERNMENT EMPLOYEES DA FROM JULY 2013 – ESTIMATION BASED ON ALL CONSUMER PRICE INDEX AICPI-IW UP TO MAY 2013 - DA FOR CENTRAL GOVERNMENT EMPLOYEES FROM JULY 2013 WILL BE 90%

AICPI-IW for the month of May 2013 has been released by Ministry of Labour recently (Click here for more details). This index gains significance as AICPI-IW from July-2012 to June-2013 will be required to calculate Central Government Employees DA from July 2013
AICPI (IW) for the period from July 2013 to April 2013
MonthAICPI-IW
Jul 2012212
Aug 2012214
Sep 2012215
Oct 2012217
Nov 2012218
Dec 2012219
Jan 2013221
Feb 2013223
Mar 2013224
Apr 2013226
May 2013228
Jun 2013To be released in the month July 2013
We discussed about two Scenarios last month on probable DA from July 2013 . Click here to check the details of the same.
Scenario I which we had discussed for problable DA of 90% from July 2013 in the said article may be getting confirmed as CPI-IW for the month of May 2013 is 228 now. Happening of Scenario II for probable DA of 91% is far-fetching as CPI-IW for the month of June 2013 should be increased to 237 for June 2013 in order to get DA of 91%. As 9 point increase of CPI-IW in a single month may not be possible,
 we presume that DA for Central Government Employees from July 2013 will be 90% only

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