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7/01/2011

Update on Central D.A. from July 2011 based on latest AICPIN of May 2011

7% D.A. almost certain.
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of May, 2011 increased by 1 point and stood at 187.
Calculating the last 12 months average it is almost certain that Central employees are likely to get 7 % Dearness Allowance with effect from 1st July 2011.
It may only decrease to 6% if the AICPIN is dramatically reduced to 180 and can only increase to 8% if the number shot up to 195 for June 2011. (As possibilities of both the situations are very remote, we can safely predict that D.A. will be 7% and will amount to 58% with effect from July 2011.)
The index no. for Jan, Feb, Mar & Apr 2011 was 188, 185, 185 and 186 respectively.

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