Central Government Employees News
Central Government Employees News : According to the confirmed sources, DA (Dearness Allowance) to 8% would be increased by 8% for all the central Givernment Employees which means it would be overall raised to 35% from 1 January, 2010
This calculation based on All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100
To explain it more, every month government announces All India Consumer Price Index, according to the price of commodities. For example, for the month of October 2009, government had published in PIB Website as below…
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of October, 2009 increased by 2 points and stood at 165 (one hundred and sixty five).
With effect from 01.01.2006, Dearness allowance is granted to compensate the price increase above 536 points Base Year 1982=100),(115.763 points Base Year 2001=100).
Calculate the total of twelve month average price index
Calculate the twelve month average price index
Minus with 115.76
Calculate the percentage difference (multiple with 100 / 115.76)
Hope, it explains the things, Hence Overall its the Good News for all the Central Government employees.
Related : dearness allowance january 2010, dearness allowance, dearness allowance central govt employees, da for central govt employees jan 2010
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