RATES OF DA IN JULY-14 WILL INCREASE BY 7%

| July 31, 2014

RATES OF DA IN JULY-14 WILL INCREASE BY 7% TOTAL DA WILL BE 107% EFFECTIVE DATE 01-07-2014 

According to the release of Labour Bureau, the Consumer Price Index for Industrial workers for the month of June 2014 increased by 2 points and pegged at 246.

So the 12 Months Average AICPIN starting from July 2013 to June 2014 is 239.91

Month& Year Base Year 2001=100 Total of 12 months Twelve monthly Average % increases over 115.76 for DA
July 2013 235 2671 222.58 92.62
August 2013 237 2694 224.50 93.94
September 2013 238 2717 226.42 95.59
October 2013 241 2741 228.42 97.32
November 2013 243 2766 230.50 99.12
December 2013 239 2786 232.16 100.55
January 2014 237 2802 233.50 101.71
February 2014 238 2817 234.75 102.79
March 2014 239 2832 236.00 103.87
April 2014 242 2848 237.33 105.21
May 2014 244 2864 238.66 106.17
June 2014 246 2879 239.91 107.25

According to the above calculation the rate of Dearness Allowance to be paid from July 2014 will be enhanced by 7%

The Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 100 % to 107 % with effect from 1st July, 2014. Necessary order will be issued by Finance Ministry after the Cabinet approval. The approval of the cabinet may be expected by the first week of September in its Meeting.

Category: AICPIN, CPI, DA

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