Consumer Price Index Numbers for Industrial Workers on Base 2001=100
CPI(IW) Base 2001=100 Monthly Index Letter - DECEMBER 2010
NOVEMBER 2010 | DECEMBER 2010 |
182 | 185 |
ALL INDIA CONSUMER PRICE INDEX NUMBERS FOR INDUSTRIAL WORKERS
ON BASE 2001=100 FOR THE MONTH OF DECEMBER, 2010
1. All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of December, 2010 increased by 3 points and stood at 185 (one hundred and eighty five).
2. During December, 2010, the index recorded an increase of 9 points in Quilon centre, 8 points in Guntur centre, 7 points each in Tiruchirapally, Vadodara and Belgaum centres, 6 points in 4 centres, 5 points in 6 centres, 4 points in 10 centres, 3 points in 16 centres, 2 points in 15 centres and 1 point in 8 centres. The index decreased by 2 points each in Kodarma and Tripura centres, 1 point each in Durgapur, Ranchi Hatia and Ludhiana centres, while in the remaining 9 centres the index remained stationary.
3. The maximum increase of 9 points in Quilon centre is mainly on account of increase in the prices of Rice, Coconut Oil, Fish Fresh, Onion, Vegetable & Fruit items, Tea (Readymade), Firewood, etc. The increase of 8 points in Guntur centre is due to increase in the prices of Rice, Groundnut Oil, Onion, Tamarind, Vegetable & Fruit items, etc. The increase of 7 points each in Tiruchirapally, Vadodara and Belgaum centres is due to increase in the prices of Rice, Wheat, Jowar, Goat Meat, Eggs (Hen), Onion, Vegetable items, Sugar, Petrol, etc. However, the decrease of 2 points each in Kodarma and Tripura centres is due to decrease in the prices of Rice, Wheat Atta, Vegetable items, etc. and the decrease of 1 point each in Durgapur, Ranchi Hatia and Ludhiana centres is due to decrease in the prices of Rice, Wheat Atta, Vegetable items, etc.
4. The indices in respect of the six major centres are as follows :
1. Ahmedabad | 183 |
| 4. Delhi | 169 |
2. Bangalore | 186 |
| 5. Kolkata | 180 |
3. Chennai | 169 |
| 6. Mumbai | 184 |
5. The All-India (General) point to point rate of inflation for the month of December, 2010 is 9.47% as compared to 8.33% in November, 2010. Inflation based on Food Index is 7.98% in December, 2010 as compared to 5.35% in November, 2010.
6. The CPI-IW for January, 2011 will be released on the last working day of the next month, i.e. 28th February, 2011.
How to calculate DA with effect from Jan-2011
ReplyDeleteDA w.e.f Jan-2011=(Avg of AICPI from Jan 10 to Dec 10 – 115.76)*100/115.76
The following GConnect online DA estimating tool would calculate DA for you. You could find that the CPI index from Jan-2010 to Nov-2010 has been already filled up against relevant month. Now, you have to enter the CPI index of 185 in the field for the month of Dec-2010 and click the button "Calculate DA Jan-11". That's it. The result field gives you the DA rate of 51% that is applicable with effect from January 2011.
So, we can expect that the existing Dearness Allowance Rate of 45% will increase to 51% from 1st January 2011, which is an increase of 6%.