• Breaking News

    Wednesday, 18 January 2017

    DEARNESS ALLOWANCE (DA) FROM JANUARY 2017

    DA from Jan 2017 reg

    Comrades ,
    The whole sale price index for the month of December has risen by 3.39% , which declined in past three months , this increase is due to manufacturing price increase (oil prices has increased), the food prices had in fact has come down in December 2016 .

    The Consumer Price Index (CPI) was showing marginal decline from 278 points to 277 points in November 2016 ,the DA stood at 4.76% as on November 2016 , most likely the CPI may show increase of 1 point and may rise to 278 points in December 2016 or stay stable at 277 points. 

    Scenario I: If the CPI for the month of December 2016 is at 276 points(decrease on one point) , the expected DA from January 2017 is likely at 2% (Total 4.97 % ).

    Scenario II :Even if the CPI for the month of December 2016 is at 277 points, the expected DA from January 2017 is likely at 3% (Total 5% ).

    Scenario III: If the CPI for the month of December 2016 is at 278 points, the expected DA from January 2017 is likely at 3% (Total 5.04 % ).
    Comradely yours 

    Sd/-
    (P.S.Prasad)
    General Secretary

    Source:-http://karnatakacoc.blogspot.in/2017/01/da-from-jan-2017-reg.html?m=1

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