All-India Consumer Price Index Numbers For Industrial Workers (CPI-IW)
for April, 2014 has been announced by the Labour Bureau, Ministry of
Labour & Employment. The index now stands at 242, a rise of 3 points
over the last month. The last month saw an increase of one point from
the previous month.
With this, the figures are becoming more
clear for the dearness allowance hike from July 2014. The hike will be
approximately 7%, making the DA at 107% from July 2014. The figure may
drop to 6% in-case there is nor changes in the index over next two
months or there is a considerable dip, which is unlikely.
