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Thread: Expected DA w.e.f. 01.01.2010 would be more than 34%

  1. #1
    Member kgkacharya is on a distinguished road
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    Default Expected DA w.e.f. 01.01.2010 would be more than 34%

    Dear Friends,
    As per the trend of All India Consumer Price Index for Industrial Workers, the expected DA from 01.01.2010 would be 34% as detailed below. The Consumer Price Index for the month of August 2009 is162 as aginst 160 in July 2009. In case the price index remains same as 162 for the months from Sept 09 to Dec 09, then the 12 monthly average as on 31.12.2009 would be 155.66. Thus DA calculation is 155.66 (-) 115.76 =39.90X100/115.76 = 34.47%. In case the price index raises furhter from Sept to Dec. then the expected DA would be more than 34%.
    01/09: 148
    02/09: 148
    03/09: 148
    04/09: 150
    05/09: 151
    06/09: 153
    07/09: 160
    08/09: 162
    09/09:[162]
    10/09:[162]
    11/09:[162]
    12/09:[162]
    Total: 1868 Tweleve monthly average = 1868/12= 155.66

  2. #2
    Member kgkacharya is on a distinguished road
    Join Date
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    Posts
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    Default Expected DA as on 01.01.2010 will be 35%

    Dear Friends,
    The All India Consumer Price Index for Industrial Workers stood at 163 for the month of September 2009. Hence the expected DA from 01.01.2010 would be 35% as detailed below. It is presumed that the price index for 10/09 would be 164, 11/09 would be 165 and 12/09 would be 166. Then the average 12 monthly index as on 01.01.2010 will be 156.50. Thus DA calculation is 156.50 (-) 115.76 =40.74X100/115.76 = 35.193504%. =35%
    01/09: 148
    02/09: 148
    03/09: 148
    04/09: 150
    05/09: 151
    06/09: 153
    07/09: 160
    08/09: 162
    09/09: 163
    10/09:[164]Expected
    11/09:[165]Expected
    12/09:[166]Expected
    Total: 1878 and Tweleve monthly average = 1878/12= 156.50

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