8% DA hike certain from January 2013


With the AI CPI-IW announced for the month of November, it is almost sure that the hike in Dearness Allowance from January 2013 will be 8%.
See the calculation below


Month & YearAICPI Number for Industrial Workers
January 2012198
February 2012199
March  2012201
April 2012205
May 2012206
June 2012208
July 2012212
August 2012214
September 2012215
October 2012216
November 2012218
December 2012To be released

Dearness Allowance with effect from January 2013 is calculated ad

DA= (Average of AICPI-IW for the last 12 months( fromJan 2012 to Dec 2012) – 115.76)X100/115.76

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