Expected DA From July 2014-Possibility Of Increase Of DA By 6%
Dearness Allowance is given twice a year in the months of
January and July. The benefit of this allowance is being enjoyed by both
central and state government employees.
Every time when the DA is given, there is an increasing
curiosity among central and state government employees to
know in advance the DA
that they will get the next time. As everyone knows well, DA is calculated
based on the increase of the price of the essential commodities. Hence, the
expectation of the central and state government employees about the DA that
they are going to get in the month of July 2014 is quite reasonable.
AICPIN and DA
To calculate the DA for July, we need the value of AICPIN. As of now, the value of AICPIN for only 3 months has come out. The table below shows the approximate AICPIN value for the next three months and is calculated based on three different AICPIN values. According to this calculation, the chance for getting a 6% DA seems more probable but DA depends on the AICPIN value of the next three months.
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