90% DA from July 2013
Expected DA from July-2013 will be not less than 90% after 2 point increase in Index As all are waiting for announcement of Dearness Allowance for Central Government Employees from January, 2013, which has been not announced till the writing of this post. In the meanwhile Ministry of Labour & Employment has published Consumer Price Index Numbers for Industrial Workers (CPI-IW) February 2013. According the press release the the All-India CPI-IW for February, 2013 rose by 2 points and pegged at 223 (two hundred and twenty three). This two point increase showing confirm 10% increase in Dearness Allowance from July, 2013. Hence Expected DA from July, 2013 will be not less than 90%. It is also make clear from following table:- Expectation Increase/ Decrease Index Month Base Year 2001 = 100 Total of 12 Months Twelve Monthly Average % increase over 115.76 for DA DA Announced or will...