Tuesday, March 1, 2016

Expected DA-DR from Jul-2016 in 7th CPC vis-a-vis 6th CPC:

The expectation of future Dearness Allowance for Central Government Employees and Dearness Relief for Pensioners from the month of July, 2016 is on air after the releasing of January, 2016 All Indian Consumer Price (Industrial Workers) Index Number (AICPIN) by the Labour Bureau.  The All-India CPI-IW for January, 2016 remained stationary at 269 (two hundred and sixty nine).

It is the starting phase of the calculation of expected DA/DR from the month of July, 2016.


 It also mentioned that the in DA/DR from Jan, 2016, which is calculated to be 125% with 6% increase is yet to be announced by the Govt. and on other hand it is already included in Fitment Formula of new pay matrix introduced by Seventh Pay Commission to be implemented from 1st Jan, 2016.

The question whether the increase in 6th CPC DA/DR from Jan, 2016 will announced by Govt or the new pay/pension structure with zero percent DA/DR from Jan, 2016 will be implemented from 1st April, 2016, the future will tell this.  

The table of  Expected DA-DR from Jul-2016 in 7th CPC vis-a-vis 6th CPC is given below:-

ExpectationIncrease/
Decrease
Index
MonthBase
Year
 2001
= 100
Total
of 12
Months
Twelve
monthly
Average
%
increase
over
115.76
for DA
DA 
announced
or will be
announced
in 6th CPC
DA rate
as per
7th CPC

Seventh
CPC
DA July 2016
3
Jun,15
261
3053
254.42
119.78%
119%---
DA/DR from
Jan-2016 to
be announced
or be include
in 7th CPC
Pay Matrix
2
Jul,15
263
3064
255.33
120.57%
125%0%
1
Aug,15
264
3075
256.25
121.36%
2
Sep,15
266
3088
257.33
122.30%
3
Oct,15
269
3104
258.67
123.45%
1
Nov,15
270
3121
260.08
124.67%
-1
Dec,15
269
3137
261.42
125.83%
AICPIN Jan 16
0
Jan,16
269
3152
262.67
126.91%
131%6%
Expectation.1-
No increase
in total
ACPIN in
next 5
months
0
Feb,16
269
3168
264.00
128.06%
0
Mar,16
269
3183
265.25
129.14%
0
Apr,16
269
3196
266.33
130.07%
0
May,16
269
3207
267.25
130.87%
0
Jun,16
269
3215
267.92
131.44%
Expected DA/DR from July-2016
Expectation.2-
5 points
increase in
total ACPIN
in next
5 months
1
Feb,16
270
3169
264.08
128.13%
132%7%
1
Mar,16
271
3186
265.50
129.35%
1
Apr,16
272
3202
266.83
130.51%
1
May,16
273
3217
268.08
131.59%
1
Jun,16
274
3230
269.17
132.52%
Expected DA/DR from July-2016
Expectation.3-
5 points
decline in
total ACPIN
in next
5 months
-1
Feb,16
268
3167
263.92
127.99%
130%5%
-1
Mar,16
267
3180
265.00
128.92%
-1
Apr,16
266
3190
265.83
129.64%
-1
May,16
265
3197
266.42
130.15%
-1
Jun,16
264
3200
266.67
130.36%
Expected DA/DR from July-2016

expected+da+dr+jul-2016+table

It is also interesting to know about the comparison of increase in DA/DR and increase in AICPIN. It is clear from following chart/table:-
DA+DR+vs+ACPIN

You may also download/save the excel sheet for self calculation.  The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF [click on File-Menu & download]

Press Release of AICPIN for Jan 2016 – remained stationary at 269:

Post a Comment