Saturday 2 June 2012

Expected DA from July-2012 will be 72% - Increase in DA will be 7%


Two expectation gives 72% Dearness Allowance (DA) from July 2012 as illustrated below:

AICPIN as on Apr, 2012: As per All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for the month of April, 2012 increased by 4 points and stood at 205 (Two hundred & five).

First Expectation: 

It is presumed that AICPIN will stand constant i.e. 205 for May, 2012 and June 2012:

Expected Dearness Allowance DA for July, 2012 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76


Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA announced or will be announced
Aug-11
194
2234
186.17
60.82%
65%
Sep-11
197
2252
187.67
62.12%
Oct-11
198
2269
189.08
63.34%
Nov-11
199
2286
190.50
64.56%
Dec-11
197
2298
191.50
65.43%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
205
2375
197.92
70.97%
Jun-12
205
2391
199.25
72.12%
Jul-12
Expected DA from Jul-2012



Second Expectation: 

It is presumed that AICPIN will increased maximum by 4 (no chance) i.e. 209 for May, 2012 and 213 for June 2012:

Expected Dearness Allowance DA for July, 2012 calculated as under:

Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76

Month
Base Year 2001 = 100
Total of 12 Months
Twelve monthly Average
% increase over 115.76 for   DA
DA announced or will be announced
Aug-11
194
2234
186.17
60.82%
65%
Sep-11
197
2252
187.67
62.12%
Oct-11
198
2269
189.08
63.34%
Nov-11
199
2286
190.50
64.56%
Dec-11
197
2298
191.50
65.43%
Jan-12
198
2308
192.33
66.15%
Feb-12
199
2322
193.50
67.16%
72%
Mar-12
201
2338
194.83
68.31%
Apr-12
205
2357
196.42
69.68%
May-12
209
2379
198.25
71.26%
Jun-12
213
2403
200.25
72.99%
Jul-12
Expected DA from Jul-2012

Now it is clear that Expected DA will be 72% means 7% increase in Dearness allowance from July-2012.

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