9% DA HIKE?

Chances of 9% + DA hike during June 2010

Written by Administrator on May 17th, 2010 The information given below is only
openion. Please dont take it for authenticated one.


As per the figures available from Labour Bureau, Government of India (http://labourbureau.nic.in/indtab.html)
it can be assumed that 9% DA hike can be assumed from June 2010, provided the
All India Consumer Price Index (AICPI) doesnt come down was was the case for Jan
2010. The DA from June 2010 can be 45%. This is calculated assuming that the All
India Consumer Price Index (AICPI) remains unchanged at 170 During April to
June, which are yet to be announced. These figures for January 2010 was 172 and
came down to 170 during February and remained same at 170 for March.

Month	Year	CPI	Total for 12 months	Average	App. DA	DA
JUNE	2009	153	1776	148.00	27.84	27
JULY	2009	160	1793	-	-
AUG	2009	162	1812	-	-	-
SEP	2009	163	1829	-	-	-
OCT	2009	168	1866	-	-	-
NOV	2009	168	1866		-	-
DEC	2009	169	1888	157.33	35.91	35
JAN	2010	172	1912		-	-
FEB	2010	170	1933		-	-
MAR	2010	170	1888		-	-
APRIL	2010	170	1994		-	-
MAY	2010	170	1994	-	-	-
JUNE	2010	170	2011	168.42	45.48	45

COURTESY;SC