7 % D.A Hike from January 2012
Dearness Allowance to all categories of Central Government employees is being sanctioned by the Government twice in a year, on 1st January and 1st July based on the increase in the average monthly All India consumer Price Index and it is granted to compensate the price hike above 115.76 Points (Base Year 2001=100). The average increase is calculated up to December for grant of D.A from 1st January and up to June for grant of DA from 1st July. The average price index stood at 191.5 points by the end of December 2011. Thus, the D.A hike arrived is 7% from 58% to 65% from 1st January 2012. Usually, Central Government announces the 1st January DA hike in the month of March.
(Base 2001=100)
Item | January 2011 | February 2011 | March 2011 | April 2011 | May 2011 | June 2011 | |||||||
General Index | 188 | 185 | 185 | 186 | 187 | 189 |
Item | July 2011 | August 2011 | September 2011 | Oct 2011 | Nov 2011 | Dec 2011 | Average | ||||
General Index | 193 | 194 | 197 | 198 | 199 | 197 | 191.5 |
No comments:
Post a Comment