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Saturday, January 1, 2011

Consumer Price Index Numbers for Industrial Workers for November, 2010 - Expected D A with effect from January, 2011 may not be more than 6%:

Press Release By Labour Bureau, Govt. of India:
Consumer Price Index Numbers for Industrial Workers on Base 2001=100
OCTOBER 2010
NOVEMBER 2010
181
182
ALL INDIA CONSUMER PRICE INDEX NUMBERS FOR INDUSTRIAL WORKERS
ON BASE 2001=100 FOR THE MONTH OF NOVEMBER, 2010
1.    All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of  November, 2010 increased by 1 point and stood at 182 (one hundred and eighty two).
2.    During November, 2010, the index recorded an increase of 6 points each in Siliguri, Jamshedpur, Tiruchirapally and Bhilai centres, 5 points each in Giridih, Coimbatore, Mariani Jorhat, Rourkela and Selam centres, 4 points in 4 centres, 3 points in 6 centres, 2 points in 13 centres  and 1 point in 17 centres. The index decreased by 4 points in Ghaziabad centre, 2 points in Agra centre, 1 point in 11 centres, while in the remaining 16 centres the index remained stationary.
3.    The maximum increase of 6 points each in Siliguri, Jamshedpur, Tiruchirapally and Bhilai centres is mainly on account of increase in the prices of Rice, Goat Meat, Onion, Vegetable & Fruit items, Firewood, etc. The increase of 5 points each in Giridih, Coimbatore, Mariani Jorhat, Rourkela and Selam centres is due to increase in the prices of Rice, Mustard Oil, Goat Meat, Eggs (Hen), Onion, Vegetable & Fruit items etc. However, the decrease of 4 points in Ghaziabad centre is due to decrease in the prices of Arhar Dal, Vegetable items, etc. and the decrease of 2 points in Agra centre is due to decrease in the prices of Urd Dal, Moong Dal, Vegetable items, etc.
4.    The indices in respect of the six major centres are as follows :
1. Ahmedabad
180

4. Delhi
168
2. Bangalore
183

5. Kolkata
177
3. Chennai
165

6. Mumbai
182

5.    The All-India (General) point to point rate of inflation for the month of November, 2010 is 8.33% as compared to 9.70% in October, 2010. Inflation based on Food Index is 5.35% in November, 2010 as compared to 7.73% in October, 2010.
6.    The CPI-IW for December, 2010 will be released on the last working day of the next month, i.e. 31st January, 2011.

Thus, according to paycommissionupdate.blogspot.com, whatever the price of onion is, the D.A will not be as sweet as July last year. As per the All India Index published by Labour Bureau, Govt. of India,  the Dearness Allowance payable to the Central Govt. staff with effect from  January 2011 may not be more than 6 percent.

            The figure for Nov'10 has just released and it stands at 182. The December figure is expected in the end of January. Even if the figure touches 185 in December, which is very unlikely, the D.A. hike will be limited to 6%.

            Only thing to cheer is the fixed allowances such as Children Education Allowance, Conveyance Allowance for some category of staff will be 25% more as the D.A. will certainly cross the 50% mark. It may be remembered that D.A. linked allowances such as Transport Allowances will be unchanged.

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