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 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%.
Perhaps it is very early to calculate the status of additional Dearness allowance from January, 2012 for Central Government employees and Pensioners, before releasing the AICPIN for the balance of three months i.e.October, November and December. Enquiries are being poured as comments and received emails to our inbox about the expected DA from Jan, 2012. We can assume that the AICPIN will certainly go up, because of the essential commodities prices are going high with non stop. Anyway we can assume the additional Dearness allowance from January 2012 will be minimum 7%. The existing Dearness allowance is 58%, it will become [...]