Dearness Allowance from January 2014 will be 100%

The rate of Dearness Allowance from January 2014 has been now confirmed by just released AICPIN for the month of December 2013. Labour bureau has released the All India Consumer Price Index Number for Industrial workers for the month of December 2013 in its website www.Labour bureau.nic.in to day. The AICPIN for the month of December is very much required to finalize the percentage of DA to be increased for central government employees from January 2014.

The CPI for Industrial workers is the only factor to determine the additional installment of DA to be released with effect from 01.01.2014, so we need to know the 12 months average of AICPIN from January 2013 to December 2013 to calculate the percentage of Dearness Allowance to be paid from January 2014. Gservants, in its article published on 30th August 2013, told that the Percentage of DA to be paid from January 2014 will be from 100% to 102% . With 7 months CPI points it was estimated that there would be 10% to 12% Hike from existing rate of 90%. The AICPIN for the month of November 2013 has almost confirmed the above estimate that it will not be less than 100%. Now the December months AICPIN confirmed that the rate of DA to be released from January 2014 will be exactly 100%. Even though there is a decrease in 4 points the rate of DA is 100%. The following table shows how the dearness allowance  has reached 100% level.

DEARNESS ALLOWANCE FROM JANUARY 2014

Month

Base Year 2001    =100

Total of 12 Months

Twelve month Avarage

% of Increase Over  115.76 for DA

January 2013

221

2535

211.25

80.83

Febraury 2013

223

2559

213.25

82.49

March 2013

224

2582

215.17

84.22

April 2013

226

2603

216.92

85.88

May 2013

228

2625

218.75

87.39

June 2013

231

2648

220.67

88.97

July 2013

235

2671

222.58

90.62

August 2013

237

2694

224.50

92.28

September 2013

238

2717

226.42

93.94

October 2013

241

2741

228.42

97.32

November 2013

243

2766

230.5

99.11

December 2013

239

 2786 232.16

100.55 

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