Expected DA from Jan 2012 is almost confirmed…
The DA and DR may hike 7% from the existing rates.
Ministry of Labour & Employment
All-India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of December 2011.
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of December, 2011 decreased by 2 points and stood at 197 (one hundred & ninety seven).
During December, 2011, the index recorded maximum decrease of 8 points each in Ghaziabad and Jamshedpur centres, 7 points each in Mysore, Bokaro and Ranchi Hatia centres, 6 points in 3 centres, 5 points in 3 centres, 4 points in 6 centres, 3 points in 11 centres, 2 points in 18 centres and 1 point in 17 centres. The index increased by 6 points in Coonoor centre, 4 points in Chennai centre, 3 points in Mercara centre, 2 points in 3 centres and 1 point in 2 centres, while in the remaining 7 centres the index remained stationary.
The maximum decrease of 8 points in Ghaziabad and Jamshedpur centres is mainly on account of decrease in the prices of Onion, Vegetable & Fruit items, Primary and Middle School Fee and Books, etc. The decrease of 7 points in Mysore, Bokaro and Ranchi Hatia centres is mainly due to decrease in the prices of Rice Wheat, Onion, Vegetable & Fruit items, Primary and Middle School Fee and Books, Petrol, etc. The increase of 6 points in Coonoor centre is mainly due to increase in the prices of Rice, Maida, Suji, Dairy Milk, Milk (Cow), Tamarind, Tea (Readymade), Sugar, Sweater, Medicine (Allopathic), Medicine (Homeopathic), Bus Fare, Barber Charges, etc. The increase of 4 points in Chennai centre is due to increase in the prices of Dairy Milk, Tea (Readymade), Cigarette, E.S.I. Contribution, Bus Fare, Flower/Flower Garlands, etc.
The indices in respect of the six major centres are as follows :
1. Ahmedabad – 190
2. Bangalore – 199
3. Chennai – 184
4. Delhi – 182
5. Kolkata – 185
6. Mumbai – 199
The point to point rate of inflation based on CPI-IW(General) for the month of December, 2011 is 6.49% as compared to 9.34% in November, 2011. Inflation based on Food Index dipped to the level of 1.97% in December, 2011 as compared to 7.61% in November, 2011.
The CPI-IW for January, 2012 will be released on the last working day of the next month, i.e. 29th February, 2012.