Expected DA from July 2021 likely around 30% or 31% as CPI-IW of Jan 2021 drops by 0.6 points - grules.in

Expected DA from July 2021 likely around 30% or 31% as CPI-IW of Jan 2021 drops by 0.6 points

The Labour Bureau has published the All India Consumer Price Index for Industrial Workers (AI CPI-IW) for the month of January 2021. The index decreased by 0.6 points and stood at 118.2 (one hundred eighteen and point two). On 1-month percentage change, it decreased by 0.51 with respect to the previous month whereas no change was observed between corresponding months a year ago. The figure for the previous month had also seen a decrease by 1.1 points.

The decrease in the index is mainly contributed by the decrease in the prices of items in the basket under the Food & Beverages group. The contributors are Rice, Wheat Atta, Arhar Dal, Poultry (Chicken), Eggs-Hen, Banana, Brinjal, Cabbage, Carrot, Cauliflower, Chilies Green, Garlic, Ginger, Onion, Peas, Potato, Tomato etc.

The reduction is a minor one and will not impact the Dearness Allowance considerably, The CPI-IW for the month of January 2021 will be used for the calculation of the Dearness Allowance from July 2021 and five more figures are required for this. The government has frozen the DA till June 2021. Hence it is expected that the Hike DA will be available from the month of July 2021 or even earlier. Read: Dearness Allowance de-freezing as Holy Bonanza?It is too early to comment on DA from July 2021 as only 7 of the 12 indices are available. A rough estimation suggests it will be somewhere around 30% to 31%

Expected DA from July 2021 – Dearness Allowance 30%: Table by staffnews.in

Expected DA from July, 2021 – Table by staffnews.in

Month

Base Year 2001 = 100

Base Year 2001 = 100

Total of 12 Months

Twelve monthly Average

% increase over 115.76 for 6CPC DA

% increase over 261.42 for 7CPC DA

7CPC DA announced or computed

Aug,19


320

3710

309.17

167.08%

18.26%

 

Sep,19

322

3731

310.92

168.59%

18.93%

 

Oct,19

325

3754

312.83

170.24%

19.67%

 

Nov,19

328

3780

315.00

172.11%

20.50%

 

Dec,19

330

3809

317.42

174.20%

21.42%

21%

Jan,20

330

3832

319.33

175.86%

22.15%

 

Feb,20

328

3853

321.08

177.37%

22.82%

 

Mar,20

326

3870

322.50

178.59%

23.36%

 

Apr,20

329

3887

323.92

179.82%

23.91%

 

May,20

330

3903

325.25

180.97%

24.42%

 

Jun,20

332

3919

326.58

182.12%

24.93%

24%

Jul,20

336

3936

328.00

183.34%

25.47%

 

Aug,20

338

3954

329.50

184.64%

26.04%

 

Sep,20

118.1

340

3972

331.00

185.94%

26.62%

 

Oct,20

119.5

344

3991

332.58

187.30%

27.22%

 

Nov,20

119.9

345

4008

334.00

188.53%

27.76%

 

Dec,20

118.8

342

4020

335.00

189.39%

28.15%

28%

Jan,21

118.2

340

4030

335.83

190.11%

28.47%

 

Feb,21

118.2

340

4042

336.83

190.98%

28.85%

 

Mar,21

118.2

340

4056

338.00

191.98%

29.29%

 

Apr,21

118.2

340

4067

338.92

192.78%

29.64%

 

May,21

118.2

340

4077

339.75

193.50%

29.96%

 

Jun,21

118.2

340

4085

340.42

194.07%

30.22%

 

Jul,21

118.2

340

4089

340.75

194.36%

30.35%

30%

Table of 7th Central Pay Commission Dearness Allowance  announced or computed

Month

CPI (IW) Base Year 2016 = 100

CPI (IW) Base Year 2001 = 100

7CPC DA announced or computed

Jan,16


269

0%

Jul,16


280

2%

Jan,17


274

4%

Jul,17


285

5%

Jan,18


288

7%

Jul,18


301

9%

Jan,19


307

12%

Jul,19


319

17%

Jan,20


330

21%

Jul,20


336

24%

Jan,21

118.2

340

28%

Jul,21

118.2

340

30%


Click on following corresponding images to receive  updates:

   
Express your Reaction to this news: 

Note: Whatsapp group link won't work, if the group is filled to the maximum members. The readers can join the other Whatsapp group which will be available in the latest posts.

Post a Comment

0 Comments