D.A. expected to be hiked 7 to 8% as on 01.07.2011
. All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of May, 2011 increased by 1 points and stood at 187 (one hundred and Eighty seven).
Accordingly, the DA payable from 01.07.2011 will be 58-59% as detailed below:
Calculation Method-Implementation of sixth pay commission report, Government ordered that the dearness allowance has to be calculated based on CPI-IW index with the base year 2001=100.
So, DA with effect from the period 1.1.2006, has to be calculated using average Price CPI-IW index of 536 for 2005 (base 1982=100) adjusted to the base year 2001=100 by dividing the same with the Linking Factor between 1982 and 2001 Series which is 4.63. As a result, the average consumer price index (Industrial workers) for 12 months in 2005 (base 2001=100) was worked out to 115.76.
Accordingly, the DA payable from 01.07.2011 will be 58-59% as detailed below:
07/10:178
08/10:178
09/10:179
10/10: 181
11/10: 182
12/10: 185
01/11: 188
02/11: 185
03/11: 185
04/11: 186
05/11: 187
06/11: 187 (if unchanged)
Total: 2201
Twelve monthly Average is: 2201/12 = 183.41
DA Calculation:
183.41 (-) 115.76 = 67.65 X 100/115.76 = 58.44%
Calculation Method-Implementation of sixth pay commission report, Government ordered that the dearness allowance has to be calculated based on CPI-IW index with the base year 2001=100.
So, DA with effect from the period 1.1.2006, has to be calculated using average Price CPI-IW index of 536 for 2005 (base 1982=100) adjusted to the base year 2001=100 by dividing the same with the Linking Factor between 1982 and 2001 Series which is 4.63. As a result, the average consumer price index (Industrial workers) for 12 months in 2005 (base 2001=100) was worked out to 115.76.
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