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Expected DA DR from July-2015 @ 118%-119%: AICPIN released for April-2015

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As speculated in last month with March, 2015 AICPIN the Expected DA will be 119% from July, 2015 with small variation in second half of current half yearly.  And as per Press Release by Labour Bureau the All India Consumer Price Index for Industrial Worker (CPI-IW) for April, 2015 increased by 2 points and pegged at 256. The 6% increase in future DA/DR from July, 2015 means DA/DR will be 119% from July, 2015 can expect after April, 2015 CPI-IW Index. The Expected DA/DR Calculator Table is given below:  It is clear that the expectation of 119% is static upto 7 point increase in last 2 months Index, but only 2 or 3 point decline in the May & June, 2015 index will give 5% hike in future DA. The following table is giving the probability 119% DA/DR from July-2015. Readers are requested not to take it final and study the following table. Further, the estimation of two installment of DA/DR from Jul-2015 is important for projected pay and allowances in 7th CPC.

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