The Dearness Allowance from July 2014 will be 107%

All are expecting the June Month’s AICPIN to know the exact rate of dearness Allowance to be paid from July 2014. The expected Dearness Allowance  has been finalized by the AICPIN released by Labour Bureau today.

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.