01 Nov, 2013 12:33p.m.

September CPI-IW index at 238. Dearness Allowance from January 2014 to be 100%

The Labour Bureau, Ministry of Labour & Employment have announced the All-India CPI-IW for September, 2013 which rose by 1 point over the month and now stands at 238. (Read the press release here) On 1-month change in terms of percentage, it increased by 0.42 per cent between August and September compared with 0.47 per cent between the same two months a year ago.

With the available figures, its almost sure that the DA/DR from Jan 2014 may touch 100% , ant increase by 10%. Considering the current inflation,, economic scenario and the reluctance of the government for tight measures as the elections are close, the DA rates can even touch 101%.

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