AICPIN for the month of October 2012

The All India CPI-IW for October, 2012 rose by 2 points and pegged at 217 (two hundred and seventeen). On 1-month percentage change, it increased by 0.93 percent between September and October compared with 0.51 percent between the same two months a year ago.

AICPIN For the month of September-2012

The All-India CPI-IW for September, 2012 rose by 1 point and pegged at 215 (two hundred and fifteen). On 1-month percentage change, it increased by 0.47 per cent between August and September compared with 1.55 per cent between the same two months a year ago.

AICPIN For the month of August-2012

The All-India CPI-IW rose by 2 points in August, 2012 and pegged at 214 (two hundred and fourteen). On 1-month percentage change, it increased by 0.94 per cent between July and August compared with 0.52 per cent between the same two months a year ago.

Hanamkonda HO

Hanamkonda HO

AICPIN for July-2012 increased by 4 points

The All-India CPI-IW rose by 4 points and pegged at 212 (two hundred and twelve). On 1-month percentage change, it increased by 1.92 per cent between June and July compared with 2.12 per cent between the same two months a year ago.

All-India Consumer Price Index Number for the Month of June 2012

 All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of June, 2012 increased by 2 points and stood at 208 (two hundred eight)

AICPIN for May 2012 released : Increased by 1 point

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of May, 2012 increased by 1 point and stood at 206 (two hundred six).

AICPIN data for the month of April 2012 released, D.A. may reach 7% again !

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of April, 2012All India Consumer Price Index Number 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).Dearness Allowance payable with effect from 1st July, 2012 may reach to 7% if this trend continues for the next two months. We will analyze it in detail later on.

All-India Consumer Price Index Number for the Month of March 2012

                All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of March, 2012 increased by 2 points and stood at 201 (two hundred one)

Orders for hiking DA from 58% to 65% w.e.f 1st Jan 2012 issued

The Ministry of Finance has issued the order for enhancing Dearness Allowance from 58% to 65% with effect from 1st January 2012.

The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government Employees.

These orders shall also apply to the civilian employees paid from the Defence services estimates.

In regard to Armed forces personnel and Railway Employees separate orders will be issued by the Ministry of Defence and Ministry of Railways respectively.

In respect of Central Government Pensioners and family pensioners also separate orders will be issued by Government.

AICPIN for the month of Feb'2012 released

All India Consumer Price Index Number in respect of Dearness Allowance purpose for the month of February, 2012 increased by 1 point and stood at 199 (one hundred & ninety nine).

Revision of Interest Rates for Small Savings Schemes with Effect from 1st April 2012

Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1^st April of that year.  Accordingly, the rate of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in in the schemes, shall be as under:

Scheme	Rate of Interestw.e.f. 1.12.2011	Rate of Interestw.e.f. 1.4.2012
Savings Deposit	4.0	4.0
1 year Time Deposit	7.7	8.2
2 year Time Deposit	7.8	8.3
3 year Time Deposit	8.0	8.4
5 year Time Deposit	8.3	8.5
5 year Recurring Deposit	8.0	8.4
5 year SCSS	9.0	9.3
5 year MIS	8.2	8.5
5 year NSC	8.4	8.6
10 year NSC	8.7	8.9
PPF	8.6	8.8

Necessary notifications, including those requiring amendments to rules of small savings schemes will be notified separately.

Download Office Memorandum dated 26.03.2012

Source : PIB dtd 26/03/2012

AICPIN for Industrial Workers for the month of January

All India Consumer Price Index Numbers for Industrial Workers

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of January, 2012 increased by 1 point and stood at 198 (one hundred & ninety eight).             During January, 2012, the index recorded maximum increase of 9 points each in Haldia andBhilai centres, 7 points  in Jamshedpur centre, 6 points each in Tiruchirapally and Srinagarcentres, 5 points  in 2 centres, 4 points in 7centres, 3 points in 7 centres, 2 points in 11centres and 1 point in 18 centres. The index decreased by 3 points each in Rangapara Tezpurand Godavarikhani centres, 2 points each in Madurai and Mercara centres, 1 point in 8centres, while in the remaining 16 centres the index remained stationary.             The maximum increase of 9 points in Haldiaand Bhillai centres is mainly on account of Housing Index and increase in the prices of Wheat, Mustard Oil, etc. The increase of 7 points in Jamshedpur centre is mainly due to Housing Index and increase in the prices of Mustard Oil, Goat Meat, Vegetable & Fruit items, Tea (Readymade), Firewood, Soft Coke, Barber Charges, etc. The increase of 6 points inTiruchirapally and Srinagar centres is mainly on account of Housing Index and increase in the prices of Rice, Wheat Atta, Mustard Oil, Milk, Vegetable & Fruit items, Tea (Readymade), etc. The decrease of 3 points in Rangapara Tezpurand Godavarikhani centres is due to decrease in the prices of Rice, Onion, Chillies Green, Vegetable items, etc. The decrease of 2 points in Madurai and Mercara centres is due to decrease in the prices of Rice, Wheat, Fish Fresh, Poultry (Chicken), Onion, Vegetable & Fruit items, etc.             The indices in respect of the six major centresare as follows : 1. Ahmedabad 192 2. Bangalore 200 3. Chennai 187 4. Delhi 181 5. Kolkata 184 6. Mumbai 199             The point to point rate of inflation based on CPI-IW (General) for the month of January, 2012 is 5.32% as compared to 6.49% in December, 2011. Inflation based on Food Index dipped to the level of 0.49% in January, 2012 as compared to 1.97% in December, 2011.

Govt. released index no. for December 2011. Central D.A. 7%,

Labour Bureau has released Index No. for the month of December 2011. 

Consumer Price Index Numbers for Industrial Workers - CPI(IW) has been reduced by 2 points and stood at 197

D.A. for Govt. Employee

Accordingly as per our previous calculation, Dearness Allowance w.e.f. 01.01.2012 will be increased by 7% and the total will be 65%.






Accordingly, the DA payable from 01.01.2012 will be 65% as detailed below:



Jan-11            188

Feb-11            185

Mar-11            185

Apr-11            186

May-11           187

Jun-11            189

 Jul-11            193

 Aug-11           194

Sep-11            197

 Oct-11           198

 Nov-11           199

 Dec-11           197 

  Total            2298

  Average  2298/12 =  191.50




            DA Calculation:

191.50 (-) 115.76 = 75.74X 100/115.76 = 65.42

Calculation Method-Implementation of sixth pay commission report, Government ordered that the dearness allowance has to be calculated based on CPI-IW index with the base year 2001=100.