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kgkacharya
30-06-2010, 08:20 PM
Dear Friends,
Consumer Price Index for Industrial Workers has been raised to 172 points during May 2010 according to Labour Bureau annoucement. It was 170 during April 2010. In case it raises to 174 points during June 2010, the expected DA for Central Govt. Staff will be 45% with effect from 01.07.2010 otherwise it will be 44%.
Total price index from July 2009 to May 2010 = 1841 + expected 174 during June 2010 = 2015
12 montly average = 2015/12 = 167.91 (-) 115.76 = 52.15
52.15 X 100/12 = 45.05% =45%
In case the price index falls below 174 during June 2010, then the DA = 44%

kgkacharya
31-07-2010, 07:34 PM
The Consumbe Price Index for Indunstrial Workers has raised to 174 in June 2010. As I have quoted on 30.06.2010, the DA for Central Staff raises from 35% to 45% with effect from 01.07.2010.