Wednesday, 6 September 2017

Expected DA from July 2017 & January 2018

Expected DA from July 2017 & January 2018

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.

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