AICPIN For November 2016 – Expected DA from January 2017

| December 31, 2016

No. 5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

CLEREMONT, SHIMLA-171004
DATED: 30th December, 2016

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — November, 2016

The All-India CPI-IW for November, 2016 decreased by 1 point and stood at 277 (two hundred and seventy seven). On 1-month percentage change, it decreased by (-) 0.36 per cent between October and November, 2016 when compared with the increase of (+) 0.37 per cent between the same two months a year ago.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.33 percentage points to the total change. At item level, Rice, Arhar Dal, Moong Dal, Urd Dal, Groundnut Oil, Chillies Green, Banana, Brinjal, Cabbage, Cauliflower, French Beans, Gourd, Green Coriander Leaves, Lady’s Finger, Methi, Palak, Potato, Radish, Tomato, etc. are responsible for the decrease in index. However, this decrease was checked by Wheat, Wheat Atta, Gram Dal, Goat Meat, Tea (Readymade), Cooking Gas, Electricity Charges, Petrol, Toilet Soap, etc., putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.59 per cent for November, 2016 as compared to 3.35 per cent for the previous month and 6.72 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 1.66 per cent against 2.99 per cent of the previous month and 7.86 per cent during the corresponding month of the previous year.

At centre level, Salem reported the maximum decrease of 10 points followed by Bokaro (9 points), Raniganj and Kolkata (6 points each) and Ahmedabad (5 points). Among others, 4 points decrease was observed in 2 centres, 3 points in 8 centres, 2 points in 8 centres and 1 point in 15 centres. On the contrary, Jaipur recorded a maximum increase of 6 points followed by Rourkela and Srinagar (3 points each). Among others, 2 points increase was observed in 5 centres and 1 point in 7 centres. Rest of the 25 centres’ indices remained stationary.

The indices of 35 centres are above All-India Index and other 40 centres’ indices are below national average. The index of Jabalpur, Vishakhapathnam and Ludhiana centres remained at par with All-India Index.

The next issue of CPI-IW for the month of December, 2016 will be released on Tuesday, 31st January, 2017. The same will also be available on the office website www.labourbureaunew.gov.in.

(SHYAM SINGH NEGI)
DEPUTY DIRECTOR GENERAL

DA Calculation Sheet

Since
7th Pay Commission  (New Formula)
Month All
India Index
% of
Increase
Jan-16 269 0.48
Feb-16 267 0.93
Mar-16 268 1.38
Apr-16 271 1.86
May-16 275 2.40
Jun-16 277 2.91
Jul-16 280 3.45
Aug-16 278 3.90
Sep-16 277 4.25
Oct-16 278 4.53
Nov-16 277 4.76

Presently Dearness Allowance for January 2017 is staying at 4.76%. If trend of AICPIN continues as such, minimum 5% DA is expected w.e.f  January 2017

Category: DA, Finance Ministry, News

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