Latest DA for July 2011
Central Government cabinet Decision likely to be on 15th Thursday.
Central Government employees DA will be expected to be increased by 7%. The decision is expected to be taken in the cabinet Meeting which is going to be held on 15/09/2011 , Thursday. The current Dearness Allowance rate is 51%. It will now become 58%. Last time the DA Increase was 6% only. This increase in DA will be with effect from this July 2011.
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DA hike for Pensioners and Employees.
The government is planning to give 5 % more da to govt employees from this july. So now the new DA (Dearness Allowance) will become 27%. It will be effective from 1st July 2009.
The DA is calculated based on Calculation based on all India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100.
Factors used for calculating New DA.
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of April, 2009 increased by 2 points and stood at 150, and all India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of May,2009 increased by 1 point and stood at 151.
So both the pensioners and employees of central government will benefit this new DA hike.
Jharkhand's finance department has stayed the decision by the governor's advisory committee to hike the dearness allowance (DA) of government employees after the Election Commission raised objections to the move announced after model code of conduct came into operation.
The governor's advisory committee had hiked the DA of state government employees by six per cent (6%) after President Pratibha Patil issued the notification of the first phase of election. The issue was brought to the notice of the Election Commission by the Bharatiya Janata Party (BJP) last week.
Election Commissioner S.Y. Qureshi, who was in Ranchi Friday, said that the governor should not have taken such a decision without taking permission from the poll panel.
The election body said that it would seek clarification on the matter from the governor's house.
The finance department stayed the DA hike decision Sunday night and the BJP has now demanded that Governor Syed Sibte Razi step down over the issue.
The Cabinet has announced a six per cent hike in the Dearness Allowance for all its employees.This increase will become effective from Jan 1 2009.
The decision will benefit 41 lakh government employees and another 38 lakh pensioners.Now the DA component in the salaries and pensions will increase from the 16 to 22 per cent
The decision to increase DA was taken because of the rise in the consumer price index for industrial workers.
DA is revised twice a year, from January one and July one, payable in salaries of March one and September one, respectively.
The additional financial implication on account of the increase in DA to Central government employees (excluding pensioners) would be Rs 4,100 crore for 14 months from January
one this year.
The rise in allowance, called dearness relief, to pensioners will cost the exchequer Rs 1,920 crore during the period
Expected DA from 1.1.2009 is 22%
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of November, 2008 remained stationary at 148 (one hundred and fortyeight).
During November, 2008, the index recorded maximum increase of 5 points each in Quilon and Madurai centres, 3 points each in Mysore, Ernakulam, Bhilwara and Coonoor centres, 2 points in 13 centres and 1 point in 14 centres. The index decreased by 1 point in 19 centres and 2 points each in Jalandhar, Nasik, Bhavnagar, Siliguri, Asansol and Howrah centres, while in remaining 20 centres the index remained stationary.
The maximum increase of 5 points in Quilon centre is mainly due to Fish Fresh, Vegetable Items and Washing Soap etc., while that in Madurai centre is mainly due to Rice and Vegetable Items. The increase of 3 points each in Mysore, Ernakulam, Bhilwara and Coonoor centres is due to Rice, Onion, Fish Fresh, Vegetable Items, Tea Readymade, Toilet Soap etc. While the decrease of 2 points each in Jalandhar, Nasik, Bhavnagar, Siliguri, Asansol and Howrah centres is due to decrease in the prices of Vegetable items, Mustard Oil, Groundnut Oil etc.
The indices in respect of the six main centres are as follows :
1. Ahmedabad - 144
2. Delhi - 144
3. Bangalore - 160
4. Kolkata - 147
5. Chennai - 144
6. Mumbai - 151
The point to point rate of inflation for the month of November, 2008 remained constant 10.45% at the level of October, 2008.
The CPI-IW for December, 2008 will be released on the last working day of the next month, i.e. 30th January, 2009.
All India Consumer Price Index Industrial Workers BASE YEAR 2001 = 100
Month Base year 2201=100 Total of 12 Months 12 Month Average % Increase over 115.76 for DA
Nov2007 134 1562 130.17 12.45
Dec2007 134 1569 130.75 12.95
Jan-2008 134 1576 131.33 13.45
Feb-2008 135 1583 131.92 13.96
Mar2008 137 1593 132.75 14.68
Apr-2008 138 1603 133.58 15.39
May2008 139 1613 134.42 16.12
Jun-2008 140 1623 135.25 16.84
Jul-2008 143 1634 136.17 17.63
Aug2008 145 1646 137.17 18.50
Sep-2008 146 1659 138.25 19.43
Oct-2008 148 1673 139.42 20.44
Expected Dearness Allowance for Central Government Employees from 1.1.2009 - 22% (As per Swamy's News - Jan-2009)
