No. 5/1/2015- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONV, SHIMLA-171004
DATED : 30th October, 2015

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2015

The All-India CPI-IW for September, 2015 increased by 2 points and pegged at 266 (two hundred and sixty six). On 1-month percentage change, it increased by (+) 0.76 per cent between August and September, 2015 which was static between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.78 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Moong Dal, Urd Dal, Mustard Oil, Onion, Cauliflower, Green Coriander Leaves, Potato, Tea (Readymade), Sugar, Electricity Charges, Private Tuition Fee, Flower/Flower Garlands, etc. are responsible for the increase in index. However, this increase was restricted by Wheat, Fish Fresh, Poultry (Chicken), Eggs (Hen), Apple, Coconut, Tomato, Petrol, Washing Soap, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 5.14 per cent for September, 2015 as compared to 4.35 per cent for the previous month and 6.30 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 5.71 per cent against 3.55 per cent of the previous month and 6.46 per cent during the corresponding month of the previous year.

At centre level, Chhindwara reported the highest increase of 10 points followed by Varanasi (9 points), Pune, Tripura, Jalpaiguri and Bhilwara (6 points each). Among others, 5 points rise was observed in 5 centres, 4 points in 7 centres, 3 points in 8 centres, 2 points in 16 centres and 1.point in 19 centres. On the contrary, Goa recorded a maximum decrease of 4 points followed by Ernakulam 3 points. Among others, 2 points decrease was observed in 4 centres and 1 point in 2 centres. Rest of the 9 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next issue of CPI-IW for the month of October, 2015 will be released on Monday, 30th November, 2015. The same will also be available on the office website www. labourbureau.gov. in.

(S. S. NEGI)
DEPUTY DIRECTOR GENERAL

Source : labour Bureau

The post Expected DA Jan 2016 : AICPIN for the month of October 2015 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

“This time, it is not just the employees, but the members of the 7th Pay Commission too who are very eager to know about the Dearness Allowance from January 2016. “

The post Expected DA Jan 2016 – Gets carefully scrutinized by the 7th Central Pay Commission appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

“2015 September’s All India Consumer Price Index Points for the purpose of Dearness Allowance calculation to be released today”

The last ‘Expected DA from Jan 2016’ calculations based on the 6th Pay Commission recommendations for Central Government employees and pensioners are already started. The fluctuation in the prices of essential commodities will be taken into account for this calculations. The September’s points of CPI for Industrial Workers base year 2001=100 for the calculation of additional DA and DR is expected to be released today. Already Labour Bureau released the statistics points of AIPCIN for the months of July and August and today the third step is going to be completed.

The additional dearness allowance percentage from January 2016 will be calculated based on the AICPIN points for the six months starting from July 2015 upto December 2015. The dearness allowance to be issued in the month of January 2016 will be added to the salary drawn by the employee based on the recommendations of the 6th Pay Commission. Only after this will the recommendations of the 7th Pay Commission take effect.

Source: 90paisa.org

The post AICPIN Points for the month of September to be released today appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

2015 July’s AICPIN points to be published today by the Labour Bureau

“The final calculations for the Dearness Allowance based on the 6th Pay Commission recommendations are all set to begin. The fluctuation in the prices of essential commodities will be taken into account for this calculation.”

Calculations for the additional Dearness Allowance to be issued for Central Government employees and retired employees in the month of January 2016, begins with the AICPIN points of July 2015, which will be released today.

The dearness allowance percentage for January 2016 will be calculated based on the AICPIN points of the six months starting from July 2015, up to December 2015.

The dearness allowance to be issued in the month of January 2016 will be added to the salary drawn by the employee based on the recommendations of the 6th Pay Commission. Only after this will the recommendations of the 7th Pay Commission take effect.

Central Government employees and pensioners are getting right now 113% of their basic pay as DA. And an additional dearness allowance from 1.7.2015 is almost finalized to hike by 6%. So, the total DA will become as 119%. And now, last and second additional DA for this year with effect from 1.1.2016 begins with the latest AICPIN points for the month of July 2015.

The post 2015 July’s AICPIN Points to be Released Today appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

The last episode of “Expected DA from July 2015” is almost confirmed to hike by 6% and the official announcement is expected in the second week of next month.

‘The government usually announces additional dearness allowance for Central staff twice in a year from January and July, based on the price-fluctuation data of the previous six months.’

Central Government employees are currently being given a Dearness Allowance of 113%. With 6% DA almost conclusively assured from July 2015 onwards, official announcement is expected to be made during the cabinet meeting in the second week of next month. As soon as cabinet gives its nod, DA will be issued at 119% for the six months starting July 2015, up to December 2015.

Generally additional dearness allowance is being calculated only after releasing the Consumer Price Index for the previous six months. The price fluctuation data for the six months (July to December 2015) will be published by the Labour Bureau each month. Based on this AICPIN Points, a new another additional Dearness Allowance will be issued from January 2016.

The AICPIN points of December 2015, that is last month data will be announced only towards the end of January 2016. Only then will the Dearness Allowance from January 2016 will be calculated and it will be implemented after the cabinet gives its approval in March.

This will be the final dearness allowance based on the calculations prescribed by the 6th Central Pay Commission.

Just have a look the table is given below, the total Dearness Allowance given in their period of 5th and 6th Pay Commission…

Source: www.cgstaffnews.in

The post Expected DA from Jan 2016 – Last and A New Chapter Begins appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.