Understanding the Projected Industrial DA Changes for October 2014: What to Expect?

Industrial DA Update for 2007 and 1997 Scales

As you know, the Industrial DA effective from 01.07.2014 for 2007 and 1997 scales is 91.3% and 223%, respectively. Following the release of the All India Consumer Price Index for the month of June 2014, the projected Industrial DA effective from 01.10.2014 will be 94.7% (an increase of 3.4%) and 228.7% (an increase of 5.7%), respectively.

Please note: AICPI for July and August 2014 is yet to be released. The final figures may vary accordingly.

Regards,
Abbas.P.S

Dear friends, as you know, the Industrial DA effective from 01.07.2014 for the 2007 and 1997 scales are 91.3% and 223% respectively. With the release of the All India Consumer Price Index for the months of June and July 2014, the projected Industrial DA effective from 01.10.2014 will be 97.9% (an increase of 6.6%) and 234.1% (an increase of 11.1%) respectively.

Please note: AICPI for August 2014 has yet to be released. The final figures may vary accordingly.

Regards, Abbas. P.S

Update on Industrial DA Rates

As you know, the Industrial DA effective from 01.07.2014 for the 2007 and 1997 scales is 91.3% and 223% respectively. With the release of the All India Consumer Price Index for the months of June, July, and August 2014, the Industrial DA effective from 01.10.2014 will be 98.1% (an increase of 6.8%) and 234.5% (an increase of 11.5%) respectively.

Regards,
Abbas.P.S, ITI LTD, PALAKKAD - 678 623