8% DA hike likely from Jan 2013

Central Government Employees, Pensioners and family Pensioners are likely to get Dearness Allowance of 80% with effect from 1st January 2013

As we are in the last quarter of calculating D.A. effective from 01.01.2013 The AICPI-IW via which the DA is calculated is available for the nine months upto Sep 2012 is published by the labour bureau. And the figures for the three more months are required to calculate the DA hike.

Based on current situation, if we assume that inflation will remain same and the next three months figure remains static at 215, the total D.A. will be 80% of pay as on 01.01.2013.

If the figure increases 1 point each in the coming three months, the D.A. will still be 8%.

If the figure increases 2 point each in the coming three months, the D.A. will then be be 9%, which is not very likely.

So we predict a 8% rise in D.A. for Central Govt. employees with effect from January 2013. (See full calculation below)

This is the table All India consumer price index AICPI-IW for the period from January 2012 to September 2012

The above indices from Jan 2012 to Sept 2012, require special mention here as Calculation of expected Dearness Allowance for central government employees, Central Government Pensioners and central government family pensioners with effect from 1st January 2013 need these indices.

The dearness allowance is a part of the total compensation a person receives for having performed his or her job. For example, workers in India might have a base salary or pension, along with an allowance for housing and the dearness allowance. D.A. is a percentage of the original salary. The percentage is reviewed and may be changed on a six-month cycle.