Monday, 2 February 2015

6% DA from Jan 2015

Source: Gconnect

With all 12 indices for calculating DA from January 2015 in hand now, DA from January 2015 confirmed to be 113%.

In the first week of Dec 2014 and Jan 2015 we estimated the likely Dearness Allowance payable to Central Government Employees, Railway Employees and Pensioners with effect from January 2015 as 113% based on the movement of All India Consumer Price Index (IW). This estimation is justified now as hike in DA from January 2015 is confirmed to be 6%

All India Consumer Price Index (Industrial Workers) for the period from January 2014 to December 2014

MonthActual AICPI-IW
Jan 2014237
Feb-2014238
Mar-2014239
Apr-2014242
May-2014244
Jun-2014246
Jul-2014252
Aug-2014253
Sep-2014253
Oct-2014253
Nov-2014253
Dec- 2014253
DA from January 2015
((237+238+240+242+244+246+252+253+253+253+253+253)/12) -115.76) *100 / 115.76
=113%