DEARNESS ALLOWANCE (D.A)FOR CENTRAL GOVERNMENT EMPLOYEES FROM JULY 2010
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the past four month have been published in Labour Bureau website. According to these results we can expect that July 2010 will witness at least 9% increase in Dearness Allowance That is from the Existing 35% to 44%
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of April, 2010 remained stationary at 170 (one hundred and seventy).For the past three months from February 2010 to April 2010, the All India Consumer Price Index Number for Industrial Workers (CPI-IW) remained stationary at 170.The consumer Price Index Number(CPI-IW) for the month of January 2010 was 172.and the CPI-IW for the month of May and June yet to be announced.
Hence it is very much earlier to predict the D.A hike for the period of July 2010 to December 2010.But it is expected that for the remaining two months (May and June) the CPI-IW Number will be at 170 to 171.If the official CPI-IW index published by Labour Bureau, Department of Statistics, goes along with our expectation for the remaining two months, then we can say that there will be at least 9% hike in Dearness Allowance from July 2010.
source:GSERVANTS.COM
Shripad says
Increasing the dearness allowance every six months is not be the ultimate remedy to meet the higher cost of living. The government should try to curb the prices of commodities and fuel and also unearth the black mony to bring it into circulation and bring transperancy in operation. If this is achieved the common man will never demand hike in DA.
Navin says
Govt should try to control the price rise, CORRUPTION, SCAMS,AND HAVE PRE-PLANNING TO HANDLE THE DISASTERS LIKE FLOODS AND DROUGHTS AND OTHER UNEXPECTED HAPPENINGS SO THAT THE COMMON MAN IS NOT AFFECTED.
SP says
It will be 9%. The index for Month of May was 172. If index for month of June touches 174 then the da will be 10%(which is quite possible). Therefore, expect either 9% or 10% hike, No less or no more than this limit.
NAVIN KUMAR says
today fuel price has increased ,thereby 25% increase as on comparison from july 2009, can the central govt employee expect an increase of 17% DA from July 2010