Expected Dearness Allowance 9% to 10% from July 2013 : Expected DA

Flash News:  Expected Dearness Allowance 9% to 10% from July 2013 : Expected DA

Let us hope the DA for January 2013 will be announced to be very shortly.

Let us move on to Expected dearness allowance from July 2013:

It is really unfortunate that at the time of discussing about the rate of dearness allowance from July 2013, expectation on dearness allowance from January 2013 is not fulfilled even now. Actually the additional amount, that the central government employees may get, on account of hike in dearness allowance from January 2013 apart from their regular pay is not at all a matter for the people those who are dealing with lakhs and crores. But it is indeed a matter for 50 lakh central government employees and pensioners, In order to deal with abnormal price rise; they have no other option than expecting dearness allowance to be increased. It is expected that the central government has reached the saturation point and it has no other go than to announce it as soon as possible. Let us hope it will be announced very shortly.

At this juncture it is very hard to move on to the topic of dearness allowance from July 2013. But there is a saying.. “Sometimes It is very hard to move on, once you move on, you will realize it was the best decision you ever made” . So Let us move on to the topic of expected dearness allowance from July 2013.

As we all know that the Average AICPIN for Industrial Workers starting from the month of July 2012 to June 2013 determines the rate of dearness allowance to increased from 1st July 2013.

Let us see the All India consumer price Index numbers published by Labour Bureau website till date from July 2012

Month : July 2012                            AICPIN-IW : 212
Month : August 2012                     AICPIN-IW : 214
Month : September 2012             AICPIN-IW : 215
Month : October 2012                   AICPIN-IW : 217
Month : November 2012             AICPIN-IW : 218
Month : December 2012              AICPIN-IW : 219
Month : January 2013                  AICPIN-IW : 221
Month : February 2013                AICPIN-IW : 223
Month : March 2013                      AICPIN-IW : to be pulished
Month : April 2013                         AICPIN-IW : to be published
Month : May 2013                           AICPIN-IW : to be published
Month : June 2013                         AICPIN-IW : to be published

The AICPIN for the last four months are yet to be published. According to the 8 months average of AICPIN , if the same trend continues up to June 2013, the dearness allowance to be increased from 1st July 2013 will be around 9% to 10%. So it is estimated from the above AICPIN position that expected increase in dearness allowance (DA) will be around 9% to 10%.