Expected DA from July 2014 – AICPIN for April 2014

Expected DA from July 2014 – AICPIN for April 2014

 

AICPIN Points on the Ascent Again!

 

Previously, it was announced that the AICPIN points for the month of April will be released on the 30th. But the Labour Bureau and PIB didn’t release the statistics of AICPIN on that day. Instead of releasing the detailed information transparently in their official websites, the departments chose to unveil the number with an air of secrecy. We had managed to find the number and had published them. Countless people had benefitted from it (Press Release given below).

 

 

The Consumer Price Index (IW), which was on a huge decline in the months of November and December 2013. The number stood at 239 in December 2013, but fell two points to 237 in January 2014. In the following days, it rose steadily by a point each month. This time, the AICPIN number rose by 3 points to now stand at 242. As a result there is a high probability that the next Additional Dearness Allowance could be a substantial one.

 

Like we said before, we believe there are chances that it could change from 6% to 7% this time. But, a concrete answer depends on the AICPIN numbers for the next two months.

 

 The below table is clearly indicate the movement of AICPIN with increasing additional Dearness allowance month wise…

 

AICPIN for the month of April 2014 begged at 242

 

Month/ Year	AICPIN (IW) Base Year 2001=100	Increased/ Decreased Points in AICPIN	Total Points Increased	Total of 12 Months	12 Months Average	% Increase over 115.763	Approximate DA	Total DA %	DA% Increase Month wise
Jan-14	237	-2		2802	233.5	117.74	101.71	101	1
Feb-14	238	1		2817	234.75	118.99	102.79	102	2
Mar-14	239	1		2832	236	120.24	103.86	103	3
Apr-14	242	3	3	2848	237.33	121.57	105.02	105	5

Source: 90paisa.blogspot.in
[http://90paisa.blogspot.in/2014/06/aicpin-points-on-ascent-again.html]

EXPECTED DA FROM JULY 2014 - An overview of articles about DEARNESS ALLOWANCE

EXPECTED DA FROM JULY 2014 - An overview of articles about DEARNESS ALLOWANCE

EXPECTED DEARNESS ALLOWANCE FROM JULY 2014

An overview of articles about DEARNESS ALLOWANCE

It is an appreciable trend that articles about Dearness Allowances continue to be churned each day. There are plenty of advantages and benefits in giving your own interpretation on a topic that millions are interested in. It helps a great deal in creating consensus opinion. Social media are especially useful in accomplishing this.

A very famous example is the unity and camaraderie between pharmacists a few years ago, and their success. The contribution of social media in the current protests being conducted by LDCs and UDCs is worth taking note of.

There is no denial to the fact that revolutionary new opinions expressed on social media have been useful for many in many different ways. There is also no doubt in the fact that members of the unions, associations, and federations continue to watch the social media. You can bet that in the near future almost all these leaders of unions and associations would have created their own individual websites and started expressing their opinions almost immediately.

Let us get to the topic at hand...

The Consumer Price Index for Industrial Workers points for last month was released on 31.03.2014. The index has risen by one point and stands at 238. As a result, the Dearness Allowance, which stood at 101.71 has now slightly increased to 102.79.

With the AICPIN data of only two months available, it has become clear that there is not even an increase of 3%. If the trend continues, the hike in DA would be very small this time. Though nothing can be speculated as of now, if the AICPIN doesn’t reduce, then there are chances of a 5% DA increase. If AICPIN points slump by bigger margins, there are chances that the DA percentage would decrease further.

To sum it up, this time, there is no possibility of getting the kind of DA hikes that were given in the past. But then, since we still don’t have the data for four months, it is difficult to accurately calculate.

‘Expected DA from July 2014’ completed its second step..!