AICPI
(IW) (All-India Consumer Price Index Numbers for Industrial Workers on Base
2001=100) for the month of June 2012, has been published by Government
today. AICPI (IW) has increased from 206 to 208.
The
Dearness Allowance payable to Central Government Employees and Pensioners is
determined based on All India Consumer Price Index for Industrial Workers.
After implementation of sixth pay commission, AICPI (IW) (Base 2001=100) is
used to determine DA. DA for Central Government Employees and Pensioners has to
be reviewed twice annually and revision if any would be payable with effect
from 1st January and 1st July every year.
How to
calculate DA from AICPI (IW)?
To calculate
Dearness Allowance we require AICPI (IW) for previous 12 months.
|
Dearness
Allowance with effect from 1st January every year
|
(Average
of AICPI-IW for the months from January to December of previous year –
115.76)X100/115.76
|
|
Dearness
Allowance with effect from 1st July every year
|
(Average
of AICPI-IW for the months from July of previous year to June of this year –
115.76)X100/115.76
|
|
115.76
is a factor which converts 1982 series AICPI (IW) (Base 1982=100), which was
applicable prior to 6CPC to 2001 series AICPIW (Base 2001=100). In turn, This
is arrived at by dividing the 1982 series AICPI by a linking factor which is
4.63 (536/4.63=115.76)
|
|
Calculation
of DA with effect from 1st July 2012:
So we
have all the data for calculating Dearness Allowanance with effect from 1st
July 2012 now.
|
Month
|
AIl
Indian Consumer Price Index (AICPI-IW)
|
|
July
2011
|
193
|
|
Aug
2011
|
194
|
|
Sep
2011
|
197
|
|
Oct
2011
|
198
|
|
Nov
2011
|
199
|
|
Dec
2011
|
197
|
|
Jan
2012
|
198
|
|
Feb
2012
|
199
|
|
Mar
2012
|
201
|
|
Apr
2012
|
205
|
|
May
2012
|
206
|
|
Jun
2012
|
208
|
Average
of AICPI (IW) for the period from July-2011 to June-2012:
|
(193+194+197+198+199+197+198+199+201+205+206+208)/12
|
=
199.58
|
|
DA with
effect from 1st July 2012
|
=
(199.58-115.76)X100/115.76)
|
|
= 72.41
|
|
|
Rounded
to 72
|
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