MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD.(MSEDCL) AND TRANSMISSION & GENERATION COMPANIES ALSO DECLARE 10% D.A. RISE FROM JANUARY 2014

MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD .(MSEDCL) AND TRANSMISSION & GENERATION COMPANIES ALSO DECLARE 10% D.A. RISE FROM JANUARY 2014 in line with Govt. of Maharashtra. The DA will be included in the salary  from the month of  May 2014. Decision regarding balance 4 months' difference (January to April 20114) would be notified separately. A copy of circular of MSEDCL is attached below:
(Click on images below to get enlarge view of circular /print)

GOOD NEWS FOR MAHARASHTRA GOVT. EMPLOYEES & PENSIONERS: MAHARASHTRA GOVT. ALSO DECLARES 10% D.A. RISE

            Maharashtra Govt. has also declared 10% rise in Dearness Allowance (DA) to its employees and pensioners  from January 2014. The DA will be included in the salary  /penson from the month of  May 2014. Decision regarding balance 4 months' difference (January to April 20114) would be notified separately.
(Click on images below to get enlarge view of circular /print)

EXPECTED DA RISE FROM JULY-2014 FOR CENTRAL GOVT. EMPLOYEES : SITUATION AFTER DECLARATION OF AICPIN FOR MARCH 2014

FOR LATEST POSITION. PLEASE CLICK THE FOLLOWING LINK:
http://globalemployeesforum.blogspot.in/2014/07/7-da-rise-confirmed-from-july-2014-for.html

 The AICPIN  for the month of March 2014 is declared by central government on 30-4-2014 . There is increase by one point in AICPIN and pegged at 239 points Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2014 i.e. July 2014 is further reviewed with the help of following cases:

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

         Let us assume that for balance 3 months i.e. April, May & June 2014, the AICPIN neither rises nor declines and remains constant at 239 points for all these months. The calculation of DA rise in this case is shown below. In this case, the DA rise would be 6% w.e.f. 1-7-2014.

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

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 6% w.e.f. 1-7-2014.

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

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 7% w.e.f. 1-7-2014.

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

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 6% w.e.f. 1-7-2014.

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

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 6% w.e.f. 1-7-2014.

CASE-VI:  The AICPIN increases  by ONE,TWO and THREE points  respectively  for balance 3 months: 

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 6% w.e.f. 1-7-2014.

CASE-VII:  The AICPIN declines  by ONE point every month for balance 3 months: 

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 5% w.e.f. 1-7-2014.

CASE-VIII:  The AICPIN declines  by TWO points every month for balance 3 months: 

The calculation of DA rise in this case is shown below. In this case, the DA rise would be 5% w.e.f. 1-7-2014.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 5% and maximum 7% w.e.f. July 2014. The maximum possibility is 6% rise.For any change in  sceniaro after declaration of AICPIN for the month of April 2014, we will discuss the same also whenever such situation arises. 

All India Consumers Price Index AICPIN for March 2014 increases by one point and pegged at 239

Press Information Bureau 

Government of India
Ministry of Labour & Employment

30-April-2014 19:02 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW)- March 2014

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for March, 2014 increased by 1 points and pegged at 239 (two hundred and thirty nine). On 1-month percentage change, it increased by 0.42 per cent between February, 2014 and March, 2014 compared with the rise of 0.45 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food Group contributing 0.99 percentage points to the total change. At item level, Rice, Wheat, Goat Meat, Milk (Buffalo), Vegetables and Fruit items, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Groundnut Oil, Fish Fresh, Poultry, Eggs (Hen), Onion, etc. putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.70 per cent for March, 2014, as compared to 6.73 per cent for the previous month and 11.44 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 7.50 per cent against 13.21 per cent of the previous month and 14.98 per cent during the corresponding month of the previous year.

At centre level, Bokaro recorded the highest increase of 8 points each followed by Godavarikhani & Chhindwada (7 Points each), Rangapara Tezpur (6 points) and Kanpur & Durgapur (5 points each). Among others, 4 points rise was registered in 7 centres, 3 points in 6 centres, 2 points in 9 centres and 1 points in 22 centres. On the contrary, Quilon and Guwahati reported a decline of 5 points each followed by Coimbatore (3 points), 2 points in 3centres and 1 point in 6 centres. Indices of 16 centres observed no change.

The indices of 36 centres are above All-India Index and other 41 centres’ indices are below national average. The index of Tiruchirapally centre remained at par with all-India index.

The next index of CPI-IW for the month of April, 2014 will be released on Friday, 30 May, 2014. The same will also be available on the office website www.labourbureau.gov.in.