january 2017 AICPIN -DA WILL GET 3% EXPECTED

AICPIN for January 2017 Released, Predict the DA from July 2017

The Labour Bureau has released the AICPIN for Industrial Workers for the month of January 2017 today. The All-India CPI-IW for January 2017 decreased by 1 Point and stood at 274 (two hundred and seventy-Four). This is the 7th Month AICPIN of the 12 Months AICPIN numbers which required to calculate the DA from July 2017. The CPI numbers starting from July 2016 to June 2017 will determine the rate of DA to be paid to Central government employees from July 2017.

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As this is 7th Month AICPIN, the rate of DA from July 2017 can be arrived approximately by assuming the remaining 5 Months AICPIN. Use the DA calculator provided in this site to calculate the expected DA from July 2017

Read LABOUR BUREAU Press Release : AICPIN FOR JANUARY 2017

Jan-2017 DA Expected

December ’16 AICPN ( 275 ) has been released yesterday (31st Jan 2017) with that DA is almost fixed @ 2% ( Total 4%). Though this is not the final figure because the Union are protesting against the DA %. If there are any changes to DA%, we will update you at the earliest.

We did expect this DA% due to 261.4 Average base and in future if this figures get altered, then we can expect a DA% change too.

As we have written before, this was expected due to demonetisation of 500 & 1000 rupees’ currencies. The dip of 2 points in AICPN value compared to Nov’16, Demonetization is also one of the reason.

Below is the Expected DA Table and use our DA Calculator for more information.

Month /year	B,y 2001.100	Expected DA
JUL-16	280	3.45
AUG-16	278	3.9
SEP-16	277	4.25
OCT – 16	278	4.53
NOV -16	277	4.76
DEC-16	275	4.95

EXPECTED DA CALCULATOR JAN 2017

January 2017 DA calculation ; NFIR Statement

NFIR

National Federation of Indian Railwaymen
3, Chelmsford Road, New Delhi – 110055

No.I/5(A)/Part I

Dated: 01/11/2016

The General Secretaries of
Affiliated Unions of NFIR

Brother,

Sub: All India Consumer Price Index (IW) for the purpose of calculation of Dearness Allowance entitlement – reg.

**********

The table placed below shows the year/month wise Consumer Price Index (CPI):-

DEARNESS ALLOWANCE

Dearness Allowance Formula = ((Average of AICPIW for last 12 months) – 261.42) x 100 / 261.42

Year/Month wise CPI	Jan	Feb	March	April	May	June	Average	July	August	Sept	Oct	Nov	Dec	Average
2006	119	119	119	120	121	123		124	124	125	127	127	127	122.92
2007	127	128	127	128	129	130	126.92	132	133	133	134	134	134	130.75
2008	134	135	137	138	139	140	135.25	143	145	146	148	148	147	141.67
2009	148	148	148	150	151	153	147.92	160	162	163	165	168	169	157.08
2010	172	170	170	170	172	174	167.92	178	178	179	181	182	185	175.92
2011	188	185	185	186	187	189	183.33	193	194	197	198	199	197	191.25
2012	198	199	201	205	206	208	199.58	212	214	215	217	218	219	209.33
2013	221	223	224	226	228	231	220.67	235	237	238	241	243	239	232.17
2014	237	238	239	242	244	246	239.92	252	253	253	253	253	253	246.92
2015	254	253	254	256	258	261	254.42	263	264	266	269	270	269	261.42
2016	269	267	268	271	275	277	269	280	278	277

Average for last 12 months = 272.50

Probable DA rise w.e.f. 01/01/2017 if 277 continues 4.24% (round off to 4%)

However the figures upto and inclusive December 2016 will be known during January 2017.

Yours fraternally,

(Dr. M.Raghavaiah)
General Secretary

Source : NFIR