Monday, February 2, 2015

Central government employees are likely to get 6% DA w.e.f January 2015

Presently, the AICPIN value for the month of December has been released.(253) We need the AICPIN value for the past 12 months in order to calculate how much DA we will get in January 2015. Accordingly, the AICPIN value of all the twelve months has been released now. I have provided the data for your reference below:
Table showing AICPIN value of the past 12 months
Jan-14237
Feb-14238
Mar-14239
April-14242
May-14244
Jun-14246
July-14252
Aug-14253
Sep-14253
Oct-14253
Nov-14254
Dec-14253
In the above table, we can see that the AICPIN value for a period of fIVE months has remained constantly at 253. If we calculate the DA, based on the AICPIN value of twelve months, we arrive at a DA value of 113%. When we compare this DA percentage with the previous one, we find that it has increased by 6%. It is expected that this 6% DA increase will be officially released in the end of February or first week of March after it is approved by the Cabinet.