Monday, January 30, 2012

D. A. Expected from January 2012

The AICPIN for Industrial Workers for the month of November, 2011, is published by Ministry of Labour & employment recently. The AICPIN-IW for the month of October 2011 was 198 and now it just moved one point ahead and reached 199 in November 2011
AICPIN-IW (All India Consumer Price Index Number for Industrial workers) for the month of November, 2011 is 199 (Based on 2001=100). .
The AICPIN – IW for the month of July was 193, in August 2011, AICPIN was 194 & September -197, in October 2011 it was 198.
The difference in AICPIN for month to month is due to the fluctuation of the price of essential commodities like wheat, edible oil, rice, vegetable, firewood, kerosene, clothing and similar items.
The differences in indices of the six major centers are as follows: in the order of November, October, September, August and July 2011.
         Centre             Nov – Oct – Sept – Aug – July
1. Ahmadabad –  192 – 195 – 193 – 191 – 188
2. Bangalore –     200 – 198 – 197 – 194 – 194
3. Chennai –       180 – 178 – 175 – 172 – 168
4. Delhi –             182 – 184 – 182 – 178 – 178
5. Kolkata –       189 – 191 – 193 – 192 – 186
6. Mumbai –      201 – 201 – 199 – 195 – 194
Ahamadabad, Delhi & Kolkatta shows a decreasing trend and Bangalore, Chennai & Mumbai shows an increasing trend. One of the important observation of AICPIN for November, 2011 is that the maximum increase in centre wise consumer price is very high (12 points) and the maximum decrease also shows as extreme difference of 5 points.
As per the AICPIN-IW for the last 11 months, it is expected that D.A for January, 2012 likely to touch 65% level. All the Central Government employees can get 7% hike in Dearness Allowance from January 2012 .

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