Central Govt. employees D.A. may be increase 7% from July 2014.

Central Govt. employees are probably going to get 7% more D.A. with effect from 1st July 2014.

D.A. is calculated on the average of AICPI of last 12 months as per the formula given below :
Dearness Allowance = (Avg of AICPI for the past 12 months – 115.76)*100/115.76
Out of the last 12 months data only the data for June’14 is yet to be published. The consumer price index was 237, 238, 239, 242, 244 in the last five months. Considering the upward trend, it can be predicted that the June figure may stand in the range of 244 more or less. The D.A. can come down to 6% only if the figure decreases by two points for June’14 which seems unlikely at this point of time.
So, let’s  wait for 31st July when the figure of June 2014 to be released. Only then we can calculate it accurately.
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About CPWD Engineers' Association

It is a great pleasure to inform you that CPWD Engineers Association has launched its Blogging page. Now this page will bring to you latest developments/activities of our Members. All efforts are being made to ensure that this website caters to the requirement of CPWD Engineers so far as their various information through this Association is concerned. In course of time this page would be the most useful source of information and would reduce the gap between the Engineers and this Association. Please must inform to other members too. This page is added for various interesting things, Important News & Activities of Association .

Posted on Thu, Jul 24th, 2014, in What's new. Bookmark the permalink. Leave a comment.

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