GoI DA/DR w.e.f.January 1, 2013 to be 80%

All India Consumer Price Index was released by the Labour Bureau, Shimla on 31 Jan, 2013, as 219, a rise of one point over Nov,2012, indicating rise in the " Rate of Dearness Allowance/Dearness Relief by 8 points to 80% w.e.f.01-01-2013. Formal orders for increase of DA/DR by the Govt are expected in the third week of March, 2013

Labour Bureau,                 Government of India

                                        Press Release 

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

CPI(IW) Base 2001=100 Monthly Index Letter - DECEMBER 2012

NOVEMBER 2012	DECEMBER 2012
218	219

         

AI CPI-IW for December at 219. Dearness Allowance from Jan 13 confirmed at 80%

The AICPI – IW (All India Consumer price Index for industrial workers with the base as 2001=100) for the month of December 2012 has been issued by Labour Bureau. The index rose by one point and stands at 219. On 1-month percentage change, it increased by 0.46 per cent between .November and December compared with (–)1.01 per cent between the same two months a year ago.

The largest upward contribution to the change in current index came from Miscellaneous Group which increased by 1.08 per cent, contributing 0.49 percentage points to the total change. This was followed by Clothing, Bedding & Footwear and Fuel & Light groups with 1.17 and 0.92 percent respectively contributing 0.13 and 0.10 percentage points to the change. At item level , largest upward pressure came from Rice, Wheat Atta, Groundnut oil, Fish Fresh, Goat Meat, Poultry (Chicken), Onion, Tea (Leaf), Tea (readymade),Electricity charges, Firewood, Sweater, E.S.I. contribution, Medicine (Allopathic), Private Tution Fees, us fare, Flower/ Flower Garlands, Tailoring Charges, etc. 

With this the complete set of indices required for the calculation of DA from January 2013 is available. The DA is calcuated as the average of AICPI-IW for the last 12 months – 115.76)X100/115.76. The figure is rounded to the lower whole number. As predicted previously, the new DA from January 2013 will be 80%, a hike of 8% from the existing 72%.