Sep 13, 2017

Expected DA from January, 2018: Indication of 7th CPC DA @ 7% & 6th CPC @ 142% - CPI(IW) Index of Jul, 17 released

5 points increase in All India Consumer Price(Industrial Workers) Index Number [CPI(IW)] of July, 2017 is indicating 7% 7th CPC Dearness Allowance with 2% increase & 142% 6th CPC DA with 3% increase in 6th CPC Dearness Allowance from January, 2018.

It is also mentioned that the enhancement in Dearness Allowance w.e.f. 01st July, 2017 is pending for approval by Government may be approved in this month.
July, 2017 is the first month of the second half year of 2017 and Index number of CPI(IW) for all months are needed to calculate the expected DA w.e.f. January, 2018.  Only July, 2017 CPI(IW) Index number is not sufficient for  speculation of Expected DA from January, 2018.  There are three situations are illustrated in this post taking equal increase in rest of months of second half of this year.  A higher increase of 5 points in July, 2017 Index is giving 3% or 4% in Jan, 2018 6th CPC DA and 2% or 3% increase in 7th CPC DA.
Expected DA from January, 2018 Table calculated on 3 different expected situations:-

Expected Dearness Allowance from January, 2018 - Table by www.staffnews.in
Expectation
/Order
Increase/
Decrease
Index
MonthBase Year
2001
=
100
Total
of 12
Months
Twelve
monthly
Average
%
Increase
over
115.76
for 6CPC
DA
%
Increase
over
261.42
for 7CPC
DA
6thCPC 
DA 
announced 
or will be 
announced
7thCPC 
DA 
announced 
or will be 
announced
DA from July, 2017 to be announced-1Jan,172743297274.75137.34%5.10%139%5%
0Feb,172743304275.33137.85%5.32%
1Mar,172753311275.92138.35%5.55%
2Apr,172773317276.42138.78%5.74%
1May,172783320276.67139.00%5.83%
2Jun,172803323276.92139.22%5.93%
Expected Dearness Allowance from July, 2017
July-Index5Jul,172853328277.33139.58%6.09%
Expected DA from Jan, 2018 1st - Situation0Aug,172853335277.92140.08%6.31%142%7%
0Sep,172853343278.58140.66%6.57%
0Oct,172853350279.17141.16%6.79%
0Nov,172853358279.83141.74%7.04%
0Dec,172853368280.67142.46%7.36%
Expected Dearness Allowance from January, 2018
Expected DA from Jan, 2018 2nd - Situation1Aug,172863336278.00140.15%6.34%143%7%
1Sep,172873346278.83140.87%6.66%
1Oct,172883356279.67141.59%6.98%
1Nov,172893368280.67142.46%7.36%
1Dec,172903383281.92143.54%7.84%
Expected Dearness Allowance from January, 2018
Expected DA from Jan, 2018 3rd - Situation2Aug,172873337278.08140.22%6.37%144%8%
2Sep,172893349279.08141.09%6.76%
2Oct,172913362280.17142.02%7.17%
2Nov,172933378281.50143.18%7.68%
2Dec,172953398283.17144.62%8.32%
Expected Dearness Allowance from January, 2018

 You may also download/save the excel sheet for self calculation. The link for excel sheet is given below:

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF

Press Release of AICPIN for July, 2018 – 5 Points increased and pegged at 285:-
No. 5/1/2017-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
`CLEREMONT’, SHIMLA-171004

DATED: 31st August, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — July 2017

The All-India CPI-IW for July, 2017 increased by 5 points and pegged at 285 (two hundred and eighty five). In terms of monthly change, it increased by (+) 1.79 per cent between June, 2017 and July, 2017 when compared with the increase of (+) 1.08 per cent for the corresponding months of last year.

The maximum upward pressure to the change in current index came from Food group contributing (+) 3.12 percentage points to the total change. The House Rent index further accentuated the overall index by (+) 0.70 percentage points. At item level, Rice, Pure Ghee, Chillies (Green), Onion, Bitter Gourd, Brinjal, Gourd, Lady’s Finger, Palak, Parwal, Potato, Pumpkin, Tomato, Torai, Banana, Cucumber, Mango, Tea (Readymade), Bidi, Cooking Gas, Kerosene Oil, etc. are responsible for the increase in index. However, this increase was checked by Wheat, Arhar Dal, Masur Dal, Urd Dal, Coconut Oil, Mustard Oil, Poultry (Chicken), Coconut, Lemon, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 1.79 per cent for July, 2017 as compared to 1.08 per cent for the previous month and 6.46 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (-) 0.32 per cent against (-) 1.28 per cent of the previous month and 9.34 per cent during the corresponding month of the previous year.

At centre level, Jamshedpur reported the maximum increase of 12 points followed by Delhi and Ranchi-Hatia (11 points each), Raniganj and Jaipur (10 points each) and Varanasi and Amritsar (9 points each). Among others, 8 points increase was observed in 2 centres, 7 points in 7 centres, 6 points in 7 centres, 5 points in 11 centres, 4 points in 10 centres, 3 points in 13 centres, 2 points in 9 centres and 1 point in 5 centres. On the contrary, Goa recorded a decrease of 1 point. Rest of the 6 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and 42 centres’ indices are below national average. The indices of Amritsar and Lucknow centres remained at par with All-India Index.

The next issue of CPI-IW for the month of August, 2017 will be released on Friday, 29th September, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

Source: Click here to view/download PDF / Staff News