Tuesday, November 8, 2011

ALL INDIA CONSUMER PRICE INDEX UPTO SEP 2011 IS 197- DA raise ?

Government has released the All India Consumer Price Index for Industrial Workers (AICPI-IW) for the month of September 2011. As on September 2011, the price Index stands at 197.
The official press release of the Government in this regard as published in press information Bureau is reproduced below
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of September, 2011 increased by 3 points and stood at 197 (one hundred & ninety seven) .
The month wise AICPI is given below for calculating the DA due upto Sep. 2011:-
Jan.2011- 188 Feb 2011-185 Mar.2011- 185 April 2011-186 May 2011- 187 June 2011-189
July 2011- 193 Aug.2011- 194 Sep.2011-197
The indices in respect of the six major centers are as follows :
1. Ahmedabad193
2. Bangalore197
3. Chennai175
4. Delhi182
5. Kolkata193
6. Mumbai199
The All-India (General) point to point rate of inflation for the month of September, 2011 is 10.06% as compared to 8.99% in August, 2011. Inflation based on Food Index is 8.29% in September, 2011 as compared to 7.33% in August, 2011.
Our Note:- For the AICPI points raised upto Sep.2011 viz. 197, the DA raise would be 65%. Even if it falls on any eventuality by 195 till Dec. 2011, the DA raise would be 64%. Our presumption during the past never failed. Let us see. Hope for the best.
Posted by : AIPEDEU,Orissa Circle.

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