NFIR assumption on Expected Dearness Allowance from Jan 2017
All India Consumer Price Index (IW) for the purpose of calculation of DA entitlement
National Federation of Indian Railwaymen General Secreatry Shri M.Raghavaiah writes to its affiliates regarding the DA formula after 7th CPC and the expectation on next additional dearness allowance from Jan 2017.
NFIR
National Federation of Indian Railwaymen
3, Chelmsford Road, New Dlehi – 110055
No.I/5(A)/Part I
Dated: 01-11-2016
The General Secretaries of
Affiliated Unions of NFIR
Brother,
Sub: All India Consumer Price Index (IW) for the purpose of calculation of Dearness Allowance entitlement – reg.
The table placed below shows the year/month wise Consumer Price Index (CPI):-
DEARNESS ALLOWANCE
The DA Formula is –
[table id=29 /]
[table id=30 /]
Average for last 12 months = 272.50
Probable DA rise w.e.f. 01-01-2017 if 277 continues 4.24% (round off to 4%)
However the figures upto and inclusive December 2016 will be known during January 2017.
Yours fraternally,
sd/-
(Dr. M.Raghavaiah)
General Secretary
Source: NFIR
READ: AICPIN for September 2016