Wednesday 31 December 2014

The All-India CPI-IW (AI CPI-IW) for the month of November has been released by the Labour Bureau, Government of India. The index remained unchanged for the fourth consecutive month since August and remains at 253. The relaxing inflation and fuel prices contributed to the index value remaining static. With 11 of 12 indices required to calculate the dearness allowance from January 2015 available, Dearness Allowance from January'15 will be 113% by all likelihood. 

                       DA hike of 6%.

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