ALL INDIA CONSUMER PRICE INDEX NUMBERS(AICPIN) IW FOR MAY’15,GOES UP.

[PM]

Dear Friends,

                    Labour Bureau,Ministry of Labour and Employment,Govt of India,released today, the All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of MAY ’15 which stood at 258 points with an increase of 2 points while compared to April’15 figure.

                   Consequent upon the merger of CPI at 4440 points with Basic Pay under10^th BPS/7thJN, serving employees new DA formula  came  into  effect from 1.11.2012.( with DA factor @0.10 for every rise/fall of 4 points  on CPI (IW) Base 1960=100))

                  In case of pensioners the effect of merger of CPI as above and corresponding DA would be applicable only to those who retired on or after 1.11.2012. (As a result existing six categories of DA payable to pensioners based on each BPS may be increased  to seven now)

For others increase in DA will be payable for  next half year ie.w.e.f.1.8.15.

 

                 Base 2001=100                    1960=100

April                    256                              5843.43

May                     258                              5889.08                                           

 

                         If the present level of index for May is continued at same level in June also, there may  have  21 slabs increase in DA payable to pensioners w.e.f Aug’15.Exact DA  for next half year will be arrived based on average index numbers  of April,May and June’15

 

30.6.15.