Expected DA From July 2017?
DA from July 2017 is expected 1% only at present!
As on date, we have two months AICPIN data only, i.e., Jan and Feb 2017. And we need four months AICPIN data for the calculation of DA from July 2017. The scenario of AICPIN is now being as down trend. If the AICPIN should increase minimum 6 points(total of 3 months) from the existing level in coming months, there could be a chance to increase the DA to 2%. Otherwise, the additional DA from July 2017 will be enhanced by 1% only.
In case of AICPIN increase one point from the existing level subsequently for 4 months, the below table shows the calculation…