New DA Calculation after Gazzetted Notification
Government has notified the revised DA calculation based on the AICPI 2001 series published by labourbureau.nic.in
REVISED DEARNESS ALLOWANCE CALCULATION BASED ON GAZZETTED NOTIFICATION OF SIXTH PAY COMMISSION All India Consumer Price Index (General) for Industrial Workers (Base 1982=100) Year
Jan Feb. March April May June July Aug. Sept. Oct. Nov. Dec. Average(Rounded) 2005, respectively 526, 525, 525, 529, 527, 529, 538, 540, 542, 548, 553, 550, 536* Note:* 536 is taken as a base as on 01.01.2006 for revised DA calculation.
It comes to 115.76 when converting in 2001 series after dividing by a linking factor of 4.63 in 1982 series, ( 536/4.63 = 115.76). this figure is given in Gazzeted notification All India Consumer Price Index (General) for Industrial Workers (Base 2001=100) published by labourbureau.nic.in.
Year Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec. Average(Rounded) 2006, 119, 119, 119, 120, 121, 123, 124, 124 125, 127, 127, 127, 123 2007, 127, 128, 127, 128, 129, 130, 132, 133, 133, 134, 134, 134, 130.75 2008, 134, 135, 137, 138, 139, 140, 143
Note : Read last three column of table given below as1 = 12 monthly average of
AICPI (IW) base year 2001=100 2 = %
DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.763 = % DA after rounded offDate 1.7.2006, 116, 116, 117, 118, 119, 119, 119, 119, 119, 120, 121, 123, 118.95, 2.76, 2% 1.1.2007, 119, 119, 119, 120, 121, 123, 124, 124, 125, 127, 127, 127, 123, 6.25, 6% 1.7.2007, 124, 124, 125, 127, 127, 127, 127, 128, 127, 128, 129, 130, 126.91, 9.63, 9% 1.1.2008, 127, 128, 127, 128, 129, 130, 132, 133, 133, 134, 134, 134, 130.75, 12.94, 12% 1.7.2008, 132 , 133, 133, 134, 134, 134, 134, 135, 137, 138, 139, 140, 135.25, 16.83, 16%
DA calculation as on 01.07.2006 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.07.2005 to 30.06.06 = 118.95% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (118.95 - 115.76)*100/115.76 = 2.76 %% DA after rounded off = 2 % effective from 01.07.2006
DA calculation as on 01.01.2007 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.01.2006 to 31.12.06 = 123% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (123 - 115.76)*100/115.76 = 6.25 %% DA after rounded off = 6 % effective from 01.01.2007
DA calculation as on 01.07.2007 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.07.2006 to 30.06.07 = 126.91% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (126.91 - 115.76)*100/115.76 = 9.63 %% DA after rounded off = 9 % effective from 01.07.2007
DA calculation as on 01.01.2008 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.01.2007 to 31.12.07 = 131% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (130.75 - 115.76)*100/115.76 = 12.94 %% DA after rounded off = 12 % effective from 01.01.2008
DA calculation as on 01.07.2007 :12 monthly average of AICPI (IW) 2001 series, (year 2001=100) from 01.07.2007 to 30.06.08 = 135.25% DA calculation = (Avg AICPI base 2001 - 115.76)*100/115.76 = (126.91 - 115.76)*100/115.76 = 16.83 %% DA after rounded off = 16 % effective from 01.07.2008
Date for %DAapplicable DA As on1.7.2006 = 2 %1.1.2007 = 6%1.7.2007 = 9%1.1.2008 = 12%1.7.2008 = 16%
Notes : 1.AICPI for industrial worker Base 2001 is available from Jan. 2006 onward only, therefore as recommended by pay commission back data from July 2005 to Dec 2005 is generated on 2001 series by carryingout back calculation on 1982 series ( by dividing linking factor 4.63) for calculating the 12 monthly average from July 2005 to June 2006 ( for applicable DA as on 01.07.2006
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expected DA is 35% wef 01-01-2010
ReplyDelete35% DA is confirmed because Bharatiya reserve bank note mudran ltd has given DA from 01.01.2010
ReplyDeleteDEAR SIR,
ReplyDeleteAS FAR AS MY KNOWLEDGE OF MATHEMATICS IS CONCERNED,2.76 CAN NOT BE EQUAL TO 2 WHAT EVER ROUNDING OFF PROCEDURE IS USED , IT CAN BE EITHER 2.8 OR 3 BUT IT CAN NOT BE 2 , SAME IS THE CASE WITH 9.63\12.94 AND16.83. WHICH BRANCH OF MATHEMATICS CENTRAL GOVT IS USING TO ARRIVE AT 2\9\12 AND 16, I AM NOT ABLE TO UNDERSTAND
For above comments we have to learn priciplas of economics from the ministry of Finance an from Hon. Finance Ministrs. The Govt. for not incurrying more expenditure have adopted this type mathodMinistry have already ordered to round up to next ruppy in case of payment of Pension and DA.
ReplyDeleteCAN ANY BODY EXPLAIN HOW ANY CENTRAL GOVT WHO IS SUPPOSED TO BE IDEAL EMPLOYER CAN GIVE LESS THEN DUE PAYMENT TO ANY OF HIS EMPLOYEES. NORMALLY IT IS THE OTHER WAY ROUND FOR PRIVATE EMPLOYERS AS PER EXISTING LABOUR LAWS i.e. Private employers can pay more than what is due to their employees but in no case they are allowed to pay less then due to their employees as per the existing labour law.
ReplyDelete45% DA is confirmed
ReplyDelete