Tuesday, December 8, 2009

Expected DA (Dearness Allowance) for Central Government Employees from Jan 2010 - 35%



Expectations arise for rise in DA(Dearness Allowance) to 8% for Central Government Employees

Calculation based on All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100

For all the Central Government Employees there would be a rise in DA (Dearness Allowance) to 8%,which would result in the overall rise to 35% from 1.1.2010.

HOW TO CALCULATE DEARNESS ALLOWANCE...

Every month government has announced All India Consumer Price Index, according to the price of commodities. For example, for the month of October 2009,government has published in PIB Website as given below...

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of October, 2009 increased by 2 points and stood at 165 (one hundred and sixtyfive).

With effect from 01.01.2006, Dearness allowance is granted to compensate the price increase above 536 points Base Year 1982=100),(115.763 points Base Year 2001=100).

Calculate the total of twelve month average price index

Calculate the twelve month average price index

Minus with 115.76

Calculate the percentage diffrence (multiple with 100 / 115.76)

Taken in whole number only (fraction ignored)

M & Y B.Y.2001=100 12 M.Tot 12 M.Ave %Inc. App.DA DA %
JUN-08 140 1623 135.25 19.49 16.84 16
JUL-08 143 1634 136.17 20.41 17.63 17
AUG-08 145 1646 137.17 21.41 18.49 18
SEP-08 146 1659 138.25 22.49 19.43 19
OCT-08 148 1673 139.42 23.66 20.44 20
NOV-08 148 1987 140.58 24.82 21.44 21
DEC-08 147 1700 141.67 25.91 22.38 22
JAN-09 148 1714 142.83 27.07 23.39 23
FEB-09 148 1727 143.92 28.16 24.32 24
MAR-09 148 1738 144.83 29.07 25.11 25
APR-09 150 1750 145.83 30.07 25.98 25
MAY-09 151 1792 146.83 31.07 26.84 26
JUN-09 153 1775 147.92 32.16 27.78 27
JUL-09 160 1792 149.33 33.57 29.00 29
AUG-09 162 1809 150.75 34.99 30.23 30
SEP-09 163 1826 152.17 36.41 31.45 31
OCT-09 165 1843 153.58 37.82 32.67 32
NOV-09 - - - - - -
DEC-09 - - - - - -