i have gone all posts given by friends but most of us donot have idea of DA or VDA.
Basically in private sector we call it VDA and govt sector it is call it DA.
VDA it is basically varaible and it is not at all percentage based as mentioned by our few friends.it is calculated on the basis of all india conumer price index.
now i will explain with example of utter pradesh because it varies state to state.
in U P we check and change VDA in twice a year ie in oct and apr.
EXAMPLE OF U.P.
U.P. govt with their notification dated 24 th feb 2006 fixed basic of all category of workers on average price index 522 and these rates were as given below
mind it it was basic and no vDA that time now VDA will change every year in the month of oct and apr.
now in oct 2008 rates of minimum wages were as given below
BASIC VDA TOTAL
UNSKILLED 2600 562.83 3163
SEMI-SKILL 2964 641.63 3606 (IN ROUND FIGURE)
SKILLED 3290 712 4202
now VDA has to increase wef 01 apr 2009.for that we have to find out the average of all india price index from jan 2008 to june 2008.
ALL INDIA CONSUMER PRICE INDEX
NOW WE HAVE TO DIVDE 4060 BY 6 TO GET AVERAGE WHICH COMES TO 676.67
NOW WE CAN CALCULATE VDA WEF 01 APR 2009
----------------- = 772.03
NOW MINIMUM WAGES for unskilled is 2600+772.03=3373
NOW MINIMUM WAGES FOR SEMI SKILLED IS 2964+880.11=3845
NOW WAGES FOR SKILLED IS 3290+976.92=4267
this is how we calculate VDA
j s malik
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