Sunday 24 May 2015

Maharashtra Govt. declares payment of DA arrears from July 2014 to January 2015

Government of Maharashtra has declared payment of DA arrears @7% of basic pay w.e.f. July 2014 to January 2015 I.e. for 7 months to its employees. Previously, effect of D.A. rise from July 14 was made
applicable through salary of February 15 , hence now the arrears are being paid. A copy of order is attached below.

Friday 1 May 2015

EXPECTED D.A. RISE FROM JULY 2015 AFTER DECLARATION OF AICPIN FOR MARCH 2015

The AICPIN for MARCH 2015 is declared on 30-4-2015 which increased by one point and pegged  at 254 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:

CASE-I:  There is no change in AICPIN for next 3 months : 

         Let us assume that for next 3 months i.e. April 2015 to June 2015, the AICPIN neither rises nor declines and remains constant at 254 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-7-2015.

CASE-II:  The AICPIN increases by one point every month for next 3 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 3 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point and TWO points every month for next 3 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-V:  The AICPIN increases alternatively by ONE point  and TWO points and ONE point every month for next 3 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for next 3 MONTHS . 

Let AICPIN increases to  255 points for April 2015. Then AICPIN rises to 257 points  for May 2015 and 260 points for June 2015.
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 4 months::

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 5% and maximum 7% w.e.f. JULY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

Thursday 30 April 2015

All India Consumer s Price Index AICPIN forMARCH 2015

AICPIN for MARCH 2015 is declared on 30.4.2015, which INCREASED by one point and pegged at 354. The effect on expected D.A. would be posted searately

Thursday 23 April 2015

Tamil Nadu government announces 6% D.A. rise from January 2015

The Tamil Nadu government  announced a six per cent increase in DA for its employees, a move that will incur an additional expenditure of Rs 1,222.76 crore on the state exchequer.
The hike would be implemented with retrospective effect from January 1, 2015 and will apply to employees in local administration, teaching and non-teaching staff in government-aided educational institutions, village assistants, anganwadi workers, and others, an official release said.
The DA increase will result in a hike of Rs 366-Rs 4,620 in the monthly wages of government employees and a total of 18 lakh staff and pensioners will benefit, it said.

Odisha govt. declares 6% DA rise to state govt. employees from January 2015

The Odisha Government has declared rise in dearness allowances (DA) for all state government employees by 6% to take it 113% on basic salary. The hike will be implemented from January 1, 2015. Around four lakh government employees in Odisha will be benefited from this.
The last DA hike was announced by the state government on October 15, 2015. It was made effective from 1st July, 2014. With 7% hike, the DA rate on Basic Pay was raised to 107%.

Wednesday 8 April 2015

CABINET APPROVES 6% D.A. HIKE TO CENTRAL GOVT EMPLOYEES FROM JANUARY 2015 (1-1-2015)

 The union cabinet on 7-4-2015 approved a 6% hike in dearness allowance for central government employees and dearness relief for pensioners.
With this, the total  DA/DR has incresed to 113% of basic pay from 107%  with effect from January 1, 2015.(1-1-2015).
This will benefit 48 lakh government employees and 55 lakh pensioners.

Friday 3 April 2015

EXPECTED D.A. RISE FROM JULY 2015 AFTER DECLARATION OF AICPIN FOR FEBRUARY 2015

The AICPIN for February 2015 is declared on 31-3-2015 which deccreased by one point and pegged  at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:

CASE-I:  There is no change in AICPIN for next 4 months : 

         Let us assume that for next 4 months i.e. March 2015 to June 2015, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-7-2015.

CASE-II:  The AICPIN increases by one point every month for next 4 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 4 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 4 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 4 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE   point   for NEXT 1 MONTH:

Let AICPIN increases to 254 points for March 2015 and 256 points for April 2015. Then AICPIN rises to 259 points  for May 2015 and 260 points for June 2015.
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-7-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 4 months::

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 5% and maximum 7% w.e.f. JULY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

Tuesday 31 March 2015

All India Consumer s Price Index AICPIN for February 2015

AICPIN for February 2015 is declared on 31.3.2015, which declined by one point and pegged at 353. The effect on expected D.A. would be posted searately

Thursday 12 March 2015


MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD
MSEDCL ADVT.NO.1/2015

 MAHAVITARAN invite 
Retired/Serving District & Session 
Judges to join the India’s biggest 
Power Distribution Company having
over 2.14 Crores consumers and talented 
pool of 77,000 employees with Annual 
Revenue of over Rupees 50,000 Crore as 

Chief Legal Advisor on Contract 

Basis:
1. Pre-requisites & other Conditions: 
Qualification: Degree in Law of recognized University.
Experience : Minimum 7 (Seven) years experience in a position of 
District Judge OR Senior Advocate/ Council of High Court having 15 
years experience as practicing lawyer. 
Upper age limit : Should not be more than 65 years of age.
Period of Contract: Initially the period of contract will be of three
years which is extendable on the basis of review of performance.
Pay Scale: Rs.45900-1950-88800 per month during the period of 
contract. Allowance as per the Rules of the Company.
2. No. of vacancy : 1 post at Mumbai.
3. Time Schedule : 
- Last date of receipt of application : 6th April, 2015
- Personal Interview : During month of April, 2015
Details available at website : 

 http://www.mahadiscom.in/download.php?docname=Detailed_Advertisement_12032015.pdf
†***************""**********************"*******

Friday 6 March 2015

Current JOB OPPORTUNITIES: New page added.

We have introduced a new page on CURRENT JOB OPPORTUNITIES in India and abroad. Please check it frequently as this would be regularly updated.
Pl click the following link to visit the page.

http://globalemployeesforum.blogspot.in/p/central-da-new.html?m=0

Saturday 28 February 2015

EXPECTED DA RISE FROM JULY 2015 (1-7-2015) FOR CENTRAL GOVT. EMPLOYEES AFTER DECLARATION OF AICPIN FOR JANUARY 2015

Presently, AICPIN for January 2015 is declared which increased by one point and pegged  at 254 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:

CASE-I:  There is no change in AICPIN for next 5 months : 

         Let us assume that for next 5 months i.e. February 2015 to June 2015, the AICPIN neither rises nor declines and remains constant at 254 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-7-2015.

CASE-II:  The AICPIN increases by one point every month for next 5 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 5 months:

The calculation of DA rise in this case  indicates that the DA rise would be 8% w.e.f. 1-7-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 5 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 5 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE AND TWO   points  respectively for NEXT 2 MONTHS:

Let AICPIN increases to 255 points for February 2015, 257 points for March 2015 and 260 points for April 2015. Then AICPIN rises to 261 points  for May 2015 and 263 points for June 2015.
The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 5 months::

The calculation of DA rise in this case indicates that the DA rise would be 9% w.e.f. 1-7-2015.

CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 5% and maximum 9% w.e.f. JULY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

Sunday 15 February 2015

MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD.(MSEDCL) AND TRANSMISSION & GENERATION COMPANIES ALSO DECLARE 7% D.A. RISE FROM JULY 2014

MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD .(MSEDCL) AND TRANSMISSION & GENERATION COMPANIES ALSO DECLARE 7% D.A. RISE FROM JULY 2014 in line with Govt. of Maharashtra. The DA will be included in the salary  from the month of  February 2015. Decision regarding balance 7 months' difference (July to January 2015) would be notified separately.

Saturday 7 February 2015

7% D.A. DECLARED FOR MAHARASHTRA GOVT. EMPLOYEES W.E.F. JULY 2014

As per a report  of "Lokmat" daily DT. 7/2/2015, the finance minister of govt. of Maharashtra , Shri. Mungantiwar declared 7% rise in D.A. w.e.f. July 2014 for Maharashtra state govt. employees and pensioners. However decision regarding payment of arrears for 7 months i.e. from July 14 to January 15 would be taken separately. With this 7% rise, total D.A. has reached to 107%.

Monday 2 February 2015

EXPECTED DA RISE FROM JULY 2015 (1-7-2015) FOR CENTRAL GOVT. EMPLOYEES

                    Now that 6% D.A. rise is ESTABLISHED for Central Govt.employees w.e.f. 1-1-2015 after declaration of All India Consumers price index AICPIN for December 2014, the estimation for rise in D.A. w.e.f. 1-7-2015 is a topic of hot discussion.
          Presently, AICPIN for December 2014 is declare which remained stationary  at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:


CASE-I:  There is no change in AICPIN for next 6 months : 

         Let us assume that for next 6 months i.e. January 2015 to June 2015, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-7-2015.

CASE-II:  The AICPIN increases by one point every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 8% w.e.f. 1-7-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE,TWO AND THREE  points  respectively for NEXT 3 MONTHS:

Let AICPIN increases to 254 points forJanuary 2015, 256 points for Februaryt 2015 and 259 points for March 2015. Then AICPIN rises to 260 points for April 2015, 262 points for May 2015 and 265 points for June 2015.
The calculation of DA rise in this case  indicates that the DA rise would be 8% w.e.f. 1-7-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 6 months::

The calculation of DA rise in this case indicates that the DA rise would be 10% w.e.f. 1-7-2015.



CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 5% and maximum 10% w.e.f. JULY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

6% DA RISE CONFIRMED FROM JANUARY-2015 FOR CENTRAL GOVT. EMPLOYEES : SITUATION AFTER DECLARATION OF AICPIN FOR DECEMBER 2015

The AICPIN  for the month of DECEMBER 2015 is declared by central government of India . There is no change in AICPIN and remained stationary at 253 points Thus with present scenario, the quantum of DA rise w.e.f. 1-1-2015 i.e. January 2015 is CONFIRMED AS 6%.

------------------------------------------------------------------

Expected D.A. rise w.e.f. JULY 2015 (1-7-2015)

For details, click the following link:

Saturday 10 January 2015

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for November 2014.

AICPIN for NOVEMBER  2014 is declared  which remained stationary at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:


CASE-I:  There is no change in AICPIN for next 1 month : 

         Let us assume that for December 2014, the AICPIN neither rises nor declines and remains constant at 253 points . The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by ONE point  for next 1 month:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-III:  The AICPIN increases by TWO points for next 1 month:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-IV:  The AICPIN increases  by   THREE  points    for next 1 MONTH :

Let AICPIN increases to 256 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-V:  The AICPIN deccreases by ONE point  for next 1 month:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VI:  The AICPIN decreases by TWO points  for next 1 month:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be  maximum 6% w.e.f. JANUARY 2015.   

Sunday 7 December 2014

EMPLOYEES' FAMILY PENSION SCHEME EFPS 1971 & EMPLOYEES' PENSION SCHEME EPS 1995

All private Sector employees whose provident fund is deducted are eligible for compulsory contributory pension scheme. But it is observed that majority of these employees are not aware of this benefit . Some portion of the provident fund goes to pension fund. Minimum eligibility for pension is ten years. Even if employee changes several jobs during his career, he will get this pension provided he does not withdraw provident fund after job change. If some employee withdraws provident fund before ten years, he gets his pension fund contribution also back. The original circular is reproduced below (7 pages)
You are requested to convey this to your friends and relatives for public awareness.







Sunday 30 November 2014

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for October 2014.

AICPIN for OCTOBER  2014 is declared on 28-11-2014 which remained stationary at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:


CASE-I:  There is no change in AICPIN for next 3 months : 

         Let us assume that for next 2 months i.e. November 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by ONE point every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-III:  The AICPIN increases by TWO points every month for next 2 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-IV:  The AICPIN increases alternatively by TWO points and ONE point    every month for next 2 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-V:  The AICPIN increases alternatively by ONE point and TWO points  every month for next 2 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-VI:  The AICPIN increases  by  TWO AND THREE  points  respectively  for 2 MONTHS :

Let AICPIN increases to 255 points for November 2014 and 258 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-VII:  The AICPIN increases by THREE points every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VIII:  The AICPINDEcreases by ONE point every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-IX:  The AICPINDEcreases by TWO points every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 5% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 5% and maximum 6% w.e.f. JANUARY 2015.   MORE LIKELY RISE IN DA IS EXPECTED AS 6%

Saturday 29 November 2014

All-India CPI-IW for October, 2014 remained stationary at 253

No. 5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
                                                                   LABOUR BUREAU
‘CLEREMONT’, SHIMLA-171004
DATED: the 28th November, 2014
Press Release
Consumer Price Index for Industrial Workers (CPI-1W) - October, 2014
The All-India CPI-1W for October, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between September, 2014 and October, 2014 when compared with the rise of 1.26 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Miscellaneous group contributing (+) 0.28 percentage points to the total change. At item level, Wheat, Wheat Atta, Arhar Dal, Potato, Green Coriander Leaves, Lemon, Guava, Tea (Readymade), Snack Saltish, Cigarette, Firewood, Primary & Secondary School Fee, Private Tuition Fee, Toilet Soap, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Coconut OIL, Onion, Apple, Banana, Cauliflower, Gowar Phali, Tomato, Sugar, Medicine (Allopathic), Petrol, etc., putting downward pressure on the index. 

The year-on-year inflation measured by monthly CPI-1W stood at 4.98 per cent for October, 2014 as compared to 6.30 per cent for the previous month and 11.06 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 4.48 per cent against 6.46 per cent of the previous month and 15.02 per cent during the corresponding month of the previous year.

At centre level, Munger Jamalpur reported an increase of 12 points followed by  Goa (11 points), Srinagar (7 points), Giridih and Sholapur (5 points each) and Coonoor (4 points). Among others, 3 points rise was observed in 10 centres, 2 points in 9 centres and 1 point in 5 centres. On the contrary, Chhindwara recorded a decrease of 5 points. Among others, 3 points fall was registered in S centres, 2 points in 5 centres and 1 point in 16 centres. Rest ofthe 21 centres’ indices remained stationary.

The indices of 37 centres are above and other 41 centres’ indices are below national average.

The next index of CPI-1W for the month of November, 2014 will be released on Wednesday, 31 December, 2014. The same will also be available on the office website www. labourbureau.gov.in.

(S.S. NEGI)
DIRECTOR

Saturday 15 November 2014

Nagaland State govt hikes DA/ADA for employees w.e.f January 1, 2014 and July 1, 2014.

         Nagaland government has announced to grant dearness allowances and additional dearness allowances to its employees with effect from January 1, 2014 and July 1, 2014.
According to an office memorandum issued by the finance department dated November 13, 2014, a copy of which was obtained by Nagaland Post, DA/ADA would be granted in two instalments.
In the first instalment (w.e.f. 01.01.2014), employees drawing pay under RoP Rules, 2010 will get DA with an increase of 10% w.e.f. 01.01.2014 from the existing rate of 90% to 100% of pay in the pay band including grade pay. DA for employees drawing pay under ROP Rules, 1999 will also see an increase of 17% w.e.f 01.01.2014 from the existing rate of 183% to 200% of pay including dearness pay. ADA for employees drawing pay under ROP Rules 1993 has been increased by 47% w.e.f 01.01.2014 from the existing rate of 635% to 682% of Pay.
        In the second instalment (w.e.f 01.07.2014), employees drawing pay under RoP Rules, 2010 will get DA with an increase of 7% w.e.f 01.07.2014 from the existing rate of 100% to 107% of pay in the pay band including grade pay; DA for employees under ROP Rules, 1999 would seen an increase of 12% w.e.f 01.07.2014 from the existing rate of 200% to 212% of pay including Dearness Pay.
         Meanwhile, employees under ROP Rules 1993 would receive ADA with an increase of 33% w.e.f 01.07.2014 from the existing rate of 682% to 715% of pay.

Source: Nagaland Post   dt. 14-11-2014

Thursday 13 November 2014

Haryana Govt. declares 7% DA hike for State government employees w.e.f. 1-7-2014 (July 2014)

The Haryana government, on 11th November 2014, announced 7 per cent hike in dearness allowance (DA) of state government employees with effect from July which will cost Rs 465.94 crore to the state exchequer.

Haryana Chief Minister Manohar Lal Khattar in a release said the employees will get DA at the rate of 107 per cent of their basic pay thus registering an increase of seven per cent in DA.

He said that pensioners and family pensioners would be given Dearness Relief at the rate of 107 per cent of pension with effect from July 1, 2014.

The arrears of the hiked DA of seven per cent from July 2014 would be given in cash.

Source: The Economic Times, Daily

Saturday 1 November 2014

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for September 2014.

AICPIN for SEPTEMBER  2014 is declared on 31-10-2014 which remained stationary at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:


CASE-I:  There is no change in AICPIN for next 3 months : 

         Let us assume that for next 3 months i.e. October 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by one point every month for next 3 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-III:  The AICPIN increases by TWO points every month for next 3months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-IV:  The AICPIN increases alternatively by TWO points, ONE point  and TWO points  every month for next 3 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-V:  The AICPIN increases alternatively by ONE point  , TWO points and ONE point every month for next 3 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.


CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for 3 MONTHS :

Let AICPIN increases to 254 points for October 2014, 256 points for November 2014 and 259 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-VII:  The AICPIN increases by THREE points every month for next 3 months::

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 6% and maximum 7% w.e.f. JANUARY 2015.   However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

Friday 31 October 2014

All-India CPI-IW for September, 2014 remained stationary at 253

No.5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’,  SHIMLA-171004:
Dated the 31st October, 2014
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2014

The All-India CPI-IW for September, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained stalic between August, 2014 and September, 2014 when compared with the rise of 0.42 per cent between the same two months a year ago.
                 The largest downward pressure to the change in current index came from Food group contributing (-) 1.04 percentage points to the total change. At item level, Fish Fresh, Poultry (Chicken), Chitlies Green, Ginger, Onion, Tomato, Brinal, French Beans, Lady’s Finger, Apple, Sugar, Medicine (Allopathie), Petrol, etc. are responsible for the decrease in index.

However, this decrease was restricted to sore extent by Rice, Wheat Atta, Arhar Dal, Potato, Cauliflower, Tea (Readymade), Snack Saltish, Bidi, Cigarette, Electricity Charges, Cinema Charges, Toilet Soap, Tailoring charges. etc.. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent tbr September, 2014 as compared to 6.75 per cent for the previous month and 10.70 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.46 per cent against 7.63 per cent of the previous month and 13.36 per cent during the corresponding month of the previous year.

At centre level, Goa reported a decrease of 10 points followed by Nagpur (5 points). Among others, 4 points fall was observed in 6 centres, 3 points in 4 centres, 2 points in 9 centres and 1 point in 19 centres. On the contrary, Tripura recorded the maximum increase of 6 points followed by Lucknow & Jalpaiguri (4 points each) and Rourkela & Rangapara-Tezpur (3 points each). Among others, 2 points rise was registered in 8 centres and 1 point in 12 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 37 centres are above and other 41 centres’ indices are below national average.

The next index of CPI-IW for the month of October, 2014 will be released on Friday, 28 November. 2014.The same will also be available on the office website www.labourbureau.gov.in

sd/-
(S.S.NEGI)
Director

Wednesday 1 October 2014

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for August 2014.

FOR LATEST UPDATE, PLEASE CLICK THE FOLLOWING LINK
http://globalemployeesforum.blogspot.in/2014/11/expected-da-rise-from-january-2015-1-1.html 


 AICPIN for AUGUST  2014 is declared on 30-9-2014 which increases by 1   points and  pegged at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:


CASE-I:  There is no change in AICPIN for next 4 months : 

         Let us assume that for next 4 months i.e. September 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by one point every month for next 4 months:

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-III:  The AICPIN increases by TWO points every month for next 4 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 4 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 4 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE   point  respectively for NEXT 1 MONTH:

Let AICPIN increases to 254 points for September 2014 and 256 points for October 2014, 259 points for November 2014 and 260 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.


CASE-VII:  The AICPIN increases by THREE points every month for next 4 months::

The calculation of DA rise in this case indicates that the DA rise would be 8% w.e.f. 1-1-2015.


CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 6% and maximum 8% w.e.f. JANUARY 2015.   However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

ALL INDIA CONSUMER PRICE INDEX FOR AUGUST 2014 INCREASES BY ONE POINT


No.5/1/2014- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
‘CLEREMONT’,  SHIMLA-171004:
Dated the 31st October, 2014
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2014

The All-India CPI-IW for September, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained stalic between August, 2014 and September, 2014 when compared with the rise of 0.42 per cent between the same two months a year ago.

The largest downward pressure to the change in current index came from Food group contributing (-) 1.04 percentage points to the total change. At item level, Fish Fresh, Poultry (Chicken), Chitlies Green, Ginger, Onion, Tomato, Brinal, French Beans, Lady’s Finger, Apple, Sugar, Medicine (Allopathie), Petrol, etc. are responsible for the decrease in index.

However, this decrease was restricted to sore extent by Rice, Wheat Atta, Arhar Dal, Potato, Cauliflower, Tea (Readymade), Snack Saltish, Bidi, Cigarette, Electricity Charges, Cinema Charges, Toilet Soap, Tailoring charges. etc.. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent tbr September, 2014 as compared to 6.75 per cent for the previous month and 10.70 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.46 per cent against 7.63 per cent of the previous month and 13.36 per cent during the corresponding month of the previous year.

At centre level, Goa reported a decrease of 10 points followed by Nagpur (5 points). Among others, 4 points fall was observed in 6 centres, 3 points in 4 centres, 2 points in 9 centres and 1 point in 19 centres. On the contrary, Tripura recorded the maximum increase of 6 points followed by Lucknow & Jalpaiguri (4 points each) and Rourkela & Rangapara-Tezpur (3 points each). Among others, 2 points rise was registered in 8 centres and 1 point in 12 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 37 centres are above and other 41 centres’ indices are below national average.

The next index of CPI-IW fut the month of October, 2014 will be released on Friday, 28 November. 2014.

The sanie will also be available on the office website www.labourbureau.gov.in

sd/-
(S.S.NEGI)
Director

Source: Laobur Bureau