Expected 7% Rise in DA/DR for Central Government Employees/Pensioners w.e.f 1st July 2012
01.09. 2012
Expected 7% Rise in DA/DR for Central Government Employees/Pensioners w.e.f 1st July 2012
1. Calculation based on All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 (new)
2. For all the Central Government Employees/pensioners, there would be a rise in DA /DR to ,which would result in the overall rise to from 1.7.2011 as per calculations below.
3. HOW TO CALCULATE DEARNESS ALLOWANCE...
Every month government has announced All India Consumer Price Index for Industrial workers, according to the price of commodities.
Every month government has announced All India Consumer Price Index for Industrial workers, according to the price of commodities.
Month & year | Price Index with base year 2001 = 100 |
July 11 | 193 |
August 2011 | 194 |
September 2011 | 197 |
October 2011 | 198 |
November 2011 | 199 |
December 2011 | 197 |
Jan 2012 | 198 |
Feb 2012 | 199 |
March 2012 | 201 |
April 2012 | 205 |
May 2012 | 206 |
June 2012 | 208 |
2395 | |
Average | 199.583 |
4. With effect from 01.01.2006, Dearness allowance is granted to compensate the price increase above 536 points Base Year 1982=100),(115.763 points Base Year 2001=100).
5. The half yearly rise in DA/DR is granted on the basis of average price index of 12 months prior to 1st January/1st July
6. As per above table, the total of twelve month average price index prior to July 2012 =2395The twelve month average price index for the period as per above table.= 199.583
7. Subtract 115.763 from 199.583which works out to 83.820 It is a rise over 115.763 as on 31.12.2005 (with respect to base year 2001=100)
8. Calculate the percentage rise by multiplying (83.820) with 100 / 115.76. It works out to 72.40
9. The fraction is to be ignored. The whole number only is to be considered. So the DA/DR admissible with effect from 1st July 2012 is 72% thus a rise of 7% over 65% already being paid
DR wef 1.7.12 Av all India inflation index 199.583-115.76= 83.820 x 100divided by 115.76= 72 %
Er S.C. Maheshwari
Secy. (Rly) BPS
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