As per the statistics of All India Consumer Price Index Numbers released by the Labour Bureau for the month of April 2012, the expected dearness allowance calculation turned to steep. The index raised by four points due to price hike of essential commodities in last month across the nation. By the way for next month index also will be the same, because the fuel prices increased more. At this moment, the calculation of dearness allowance is estimated to be 72%, i.e. central staff and pensioners may be enhanced from the existing rate of 65% to 72% with effect from July 2012.
The below table denotes the calculation for the month of Aril 2012…
|Month/Year||AICPIN||Total of 12 Months||12 Months average||% Increase over 115.763||App. DA||DA %|