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Tuesday, December 2, 2014

Consument Price Index Number for Industrial Workers - CPI (IW) for October 2014

Consument Price Index Number for Industrial Workers - CPI (IW) for October 2014


Consumer Price Index Number [CPI(IW)] for October 2014 remained unchanged at 253.
                       Central D.A is likely to be 6% increased from Jan'15
To calculate the DA for Jan 2015 accurately, we need the AICPIN value for the next two months. However, we only have the AICPIN value for four months now. In the coming months, if the AICPIN value remains at 253 or 1 point increase based (254 ,255,) then D.A. is likely to be hiked @ 6% , totaling to  i.e. 113%.

Source: Pay Commission

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