Tuesday, 31 January 2012

AICPIN (IW) for the month of December, 2011 is 197

All India consumer price index number for industrial workers for the month of December 2011(AICPIN (IW)) is 197. This is 2 points less than the AICPIN (IW) for November, 2011. Few hours before, Labour bureau of Government of India released the AICPIN (IW) for December, 2011 through a press release. AICPIN for the month of November, 2011 was 199 points and now it is decreased 2 points and reached back to 197 points.

The AICPIN – IW for the month of July 2011 was 193, in August AICPIN was 194, September 197, in October, it was 198 points and in November, 2011 AICPIN was 199 points. AICPIN (IW) is the base for calculating D.A (Dearness allowance of Central government employees.

The fluctuation in AICPIN is occurred due to the variation of the price of necessary commodities such as wheat, edible oil, rise, vegetable, firewood, kerosene, clothing, sugar and similar items. In December, 2011 the maximum decrease in Consumer price index numbers is recorded as 8 points in Ghaziabad and Jamshedpur centres and the maximum increase of6 points recorded in Coonoor centre.

The differences in indices of the six major centers are as follows: in the order of December, November, October, September, August and July 2011.

Centre                               Dec -  Nov -  Oct - Sept  -   Aug – July

1. Ahmadabad    -        190  -  192  - 195  -  193   -   191   -   188

2. Bangalore        -        199  -  200  - 198 -  197   -   194   -   194

3. Chennai            -        184  -  180  - 178  -  175   -   172   -   168

4. Delhi                  -        182  -  182  - 184  -  182   -   178  -   178

5. Kolkata             -        185  -  189  -  191  -  193   -   192   -   186

6. Mumbai            -        199  -  201  -  201  -  199  -   195   -   194 

Delhi shows the least point in index numbers and it is constant when compare to November, 2011. Mumbai shows the highest index number for December, 2011. But 4 centers show a diminishing tendency compare to last month while Chennai shows an increase of 4 points from last month. A majority of other centers also show a decreasing tendency which leads an average 2 point decrease of AICPIN (IW).

But the decrease of 2 points in AICPIN (IW) for the month of December, 2011 will not decrease the Dearness allowance which will declare with effect from January, 2012 and it would be 65% as we posted earlier. Then we can almost confirm that the expected Dearness allowance (DA) for January, 2011 is 65%. See the calculation of D.A

AICPIN (IW) for the month of December, 2011 is 197


Related Posts

AICPIN for the month of November, 2011 is 199
AICPIN for the month of September, 2011 is 197
AICPIN for the month of August, 2011

2 comments :

  1. at 50% level of da, it should be merged with basic pay.

    ReplyDelete
  2. [...] Gas, Electricity Charges, Firewood, Medicine etc., contribute a major part in increasing the AICPIN – IW. At the same time decreased price value of edible oils such as groundnut oil, Coconut Oil, [...]

    ReplyDelete