Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released

Central Government Employees DA from July 2015 estimated to be 119%

Eligible DA from July 2015 is 119% – All India Consumer Price Index for June 2015 released by Labour Bureau – 3 Point increase in AICPI (IW) from 258 to 261.

Labour Bureau, Ministry of Labour and Employment has released All India Consumer Price Index (Industrial Workers) for the month of June 2015. As per the press release dated 31.07.2015, AICPI(IW) for June 2015 is 261, an increase of 3 points from the consumer price index of 258 for the month of May 2015. ‘

Consequently, eligible DA from July 2015 for Central Government Emplyees is now confirmed to be 119% which will be an increase of 6% from the existing DA of 113%

All India Consumer Price Indices for the months from July2014 to June 2015, which are required to determine Dearness Allowance entitled to Central Government Employees including Railway Employeees, Defence Personnel and Pensioners are follows

Central Government Employees DA from July 2015 estimated to be 119%

Month Actual AICPI-IW
Jul-2014 252
Aug-2014 253
Sep-2014 253
Oct-2014 253
Nov-2014 253
Dec- 2014 253
Jan-2015 254
Feb-2015 253
Mar-2015 254
Apr-2015 256
May-2015 258
Jun-2015 261

 

DA from Jul 2015= [(252+253+253+253+253+253+254+253+254+256+258+261)-115.76]*100/115.76
= 119% (6% increase in DA from July 2015)

Check the above calculation using the GConnect DA Calculator

[advanced_iframe securitykey=”ramansu6971″ src=”https://www.gconnect.in/pages/2012/da-calculator/da-calculator-2012.html” height=”700px”]

No. 5/1/2015- CPl. GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’,  SHIMLA-I71004

DATED:  31st July, 2015

Press Release

Consumer  Price Index for Industrial  Workers (CPI-IW) – June, 2015

The All-India CPI-IW for June, 2015 increased by 3 points and pegged at 261 (two  hundred  and  sixty   one).  On   I-month  percentage   change,  it  increased  by (+)  1.16 per  cent  between  May,  2015  and  June,  2015  when  compared  with  the increase of(+)  0.82 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 2.35 percentage points to the total change. At item level, Arhar Dal, Gram Dal, Masur Dal, Urd Dal, Groundnut Oil, Mustard Oil, Fish Fresh, Eggs (Hen), Poultry (Chicken), Milk (Buffalo & Cow), Onion, Chillies Green, Ginger, Vegetable items, Petrol, etc. are responsible for the increase in index. However, this increase  was  restricted  by Rice,  Mango,  Lemon,  Sugar,  Electricity  Charges,  etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.10 per cent for June, 2015 as compared to 5.74 per cent for the previous month and 6.49 per cent during the corresponding  month of the previous year. Similarly,  the Food  inflation stood at 6.67 per cent against 5.99 per cent of the previous month and 5.88 per cent during the corresponding month of the previous year.

At centre level, Quilon reported the highest increase of 15 points followed by Godavarikhani  (9 points)  and Raniganj (7 points). Among others, 6 points increase was observed in 4 centres,S  points in 9 centres, 4 points in 11 centres, 3 points in 8 centres, 2 points in 15 centres and 1 point in 11 centres. On the contrary, Ghaziabad centres recorded a maximum  decrease of 2 points. Among others,  I point decrease was observed in 6 centres. Rest of the 10 centres’ indices remained stationary.

The indices  of 35 centres  are above All India Index   and other  42 centres’ indices are below  national  average.  The index of Lucknow  is at par with all-India index.

The next  index  of CPI-IW for the month of July,  2015 will be released on Monday, 31st August,  2015. The same will also be available on the office website www.labourbureau.gov.in.
Source: Labour Bureau

📢 Stay Updated with GConnect

Join our Whatsapp channels for the latest news and job updates:

Join GConnect News Join GConnect Jobs
GConnect News QR Code

GConnect News

GConnect Jobs QR Code

GConnect Jobs

Join our Telegram channels for the latest news and job updates:

Join GConnect News Join GConnect Jobs
GConnect News QR Code

GConnect News

GConnect Jobs QR Code

GConnect Jobs