DA from January 2017 will be 4% – Dearness Allowance of Central Government Employees -estimation - TTNEWS

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Wednesday, February 1, 2017

DA from January 2017 will be 4% – Dearness Allowance of Central Government Employees -estimation

DA from January 2017 will be 4% – Dearness Allowance of Central Government Employees -estimation

DA from January 2017 will be 4% based on All India Consumer Price Index from – Increase in Dearness Allowance for Central Government Emplyees and Pensioners with effect from January 2017 estimated to be 2%

GConnect.in had estimated that DA from January 2017 will be either 4% or 5% depending upon three scenarios viz., No increase in AICPI (IW) in December 2016, Decrease in AICPI (IW) in December 2016, and Increase in AICPI (IW) in December 2016.
Click here to read: DA from January 2017 will be 4% or 5% – Dearness Allowance Estimation
Now that, consumer price index for December 2016 has been released by Govt.
Click here to read : All India Consumer Price Index for December 2016 released – 2 Point Decrease
Consequent on decrease of 2 point decrease in AICPI (IW) in December 2016, Increase in Dearness Allowance for Central Government Emplyees and Pensioners with effect from January 2017 estimated to be 2% as per following calculation.
MonthActual AICPI-IW
Jan-2016269
Feb-2016267
Mar-2016268
Apr-2016271
May-2016275
Jun-2016277
Jul-2016280
Aug-2016278
Sep-2016277
Oct-2016278
Nov-2016277
Dec-2016275

DA with effect from 1st January 2017= [ (269+267+268+271+275+277+280+278+277+278+277+275)/12]-(261.4)X100/261.4

= 4 %

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