Sunday, June 2, 2013

Central D.A. from July'13 : Certainly heading towards 10% hike

With the release of AICPI(IW) number for April 2013, the prediction of central D.A. from 01.07.2013 gets momentum. As it has increased two points from the previous month and if the number for the next two months stay exactly same without any increase, it is sure that central employees (and the state employees subsequently) are going to get another 10% hike in Dearness Allowance from 1st July 2013. If there is slight increase in consumer price index in the next two months, the calculation will remain identical.
The final calculation can be made only after 31st July when the June index number will be made available.
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