Saturday 28 February 2015

EXPECTED DA RISE FROM JULY 2015 (1-7-2015) FOR CENTRAL GOVT. EMPLOYEES AFTER DECLARATION OF AICPIN FOR JANUARY 2015

Presently, AICPIN for January 2015 is declared which increased by one point and pegged  at 254 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:

CASE-I:  There is no change in AICPIN for next 5 months : 

         Let us assume that for next 5 months i.e. February 2015 to June 2015, the AICPIN neither rises nor declines and remains constant at 254 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-7-2015.

CASE-II:  The AICPIN increases by one point every month for next 5 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 5 months:

The calculation of DA rise in this case  indicates that the DA rise would be 8% w.e.f. 1-7-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 5 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 5 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE AND TWO   points  respectively for NEXT 2 MONTHS:

Let AICPIN increases to 255 points for February 2015, 257 points for March 2015 and 260 points for April 2015. Then AICPIN rises to 261 points  for May 2015 and 263 points for June 2015.
The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 5 months::

The calculation of DA rise in this case indicates that the DA rise would be 9% w.e.f. 1-7-2015.

CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 5% and maximum 9% w.e.f. JULY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

Sunday 15 February 2015

MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD.(MSEDCL) AND TRANSMISSION & GENERATION COMPANIES ALSO DECLARE 7% D.A. RISE FROM JULY 2014

MAHARASHTRA STATE ELECTRICITY DISTRIBUTION CO. LTD .(MSEDCL) AND TRANSMISSION & GENERATION COMPANIES ALSO DECLARE 7% D.A. RISE FROM JULY 2014 in line with Govt. of Maharashtra. The DA will be included in the salary  from the month of  February 2015. Decision regarding balance 7 months' difference (July to January 2015) would be notified separately.

Saturday 7 February 2015

7% D.A. DECLARED FOR MAHARASHTRA GOVT. EMPLOYEES W.E.F. JULY 2014

As per a report  of "Lokmat" daily DT. 7/2/2015, the finance minister of govt. of Maharashtra , Shri. Mungantiwar declared 7% rise in D.A. w.e.f. July 2014 for Maharashtra state govt. employees and pensioners. However decision regarding payment of arrears for 7 months i.e. from July 14 to January 15 would be taken separately. With this 7% rise, total D.A. has reached to 107%.

Monday 2 February 2015

EXPECTED DA RISE FROM JULY 2015 (1-7-2015) FOR CENTRAL GOVT. EMPLOYEES

                    Now that 6% D.A. rise is ESTABLISHED for Central Govt.employees w.e.f. 1-1-2015 after declaration of All India Consumers price index AICPIN for December 2014, the estimation for rise in D.A. w.e.f. 1-7-2015 is a topic of hot discussion.
          Presently, AICPIN for December 2014 is declare which remained stationary  at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:


CASE-I:  There is no change in AICPIN for next 6 months : 

         Let us assume that for next 6 months i.e. January 2015 to June 2015, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-7-2015.

CASE-II:  The AICPIN increases by one point every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 8% w.e.f. 1-7-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-7-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE,TWO AND THREE  points  respectively for NEXT 3 MONTHS:

Let AICPIN increases to 254 points forJanuary 2015, 256 points for Februaryt 2015 and 259 points for March 2015. Then AICPIN rises to 260 points for April 2015, 262 points for May 2015 and 265 points for June 2015.
The calculation of DA rise in this case  indicates that the DA rise would be 8% w.e.f. 1-7-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 6 months::

The calculation of DA rise in this case indicates that the DA rise would be 10% w.e.f. 1-7-2015.



CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 5% and maximum 10% w.e.f. JULY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

6% DA RISE CONFIRMED FROM JANUARY-2015 FOR CENTRAL GOVT. EMPLOYEES : SITUATION AFTER DECLARATION OF AICPIN FOR DECEMBER 2015

The AICPIN  for the month of DECEMBER 2015 is declared by central government of India . There is no change in AICPIN and remained stationary at 253 points Thus with present scenario, the quantum of DA rise w.e.f. 1-1-2015 i.e. January 2015 is CONFIRMED AS 6%.

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Expected D.A. rise w.e.f. JULY 2015 (1-7-2015)

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