Thursday, June 9, 2011

Expected Dearness Allowance from July-2011

Apart from annual increment, which falls in 1st July every year, all the Government Employees are very much excited to know the rate of Dearness Allowance from 1st July 2011.The reason for their excitement to know the D.A from July 2011 is quite simple. Though the Annual Increment also brings some adequate amount of money to their pay package, they feel no excitement in it. Because every body knows and is sure that they will get 3% of their Pay in the pay band and Grade Pay as the Increment of every year and they make it counted. But as for as D.A is concerned nobody knows what will be the rate of increase in Dearness Allowance, as the AICPI Number for the Industrial Workers for the month of June 2011 will be announced probably on 31st July 2011.The amount of increase in Dearness Allowance will make their pay packet big. Unexpected increase in salary will decrease their expected financial burdens. This is the reason many of us curiously searching for the prediction over Dearness Allowance.

   AICPIN-IW for the past three months have been already announced by Labour Bureau, Department Statistics, Government of India in its Web site. According to it AICPIN-IW for the month of January 2011 is 188, February 2011-185 and March 2011 is 185. AICPIN-IW for the remaining three months ie April, May and June 2011 have yet to be announced. So this is not the right time to answer correctly to the question of what will be the Dearness Allowance from July 2011? But as per the past 9 months average of monthly All India Consumer Price Index (IW) with the base year 2001=100, we can expect that the hike in 
Dearness Allowance from July 2011 will be around 6% to 7%

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