Possibility of increase in DA from July 2016 working out to be 6%
Even if index gets lower by 3 points during both of these months compared to previous month, viz., May 2016 registers 3 point reduction from April and further three point reduction in June 2016 compared to May 2016, increase in DA from July 2016 will be 6%.
DA from July 2016=[(263+264+266+269+270+269+269+267+268+271+268@+265@)-115.76]X100/115.76
=131% -125% (6% increase in DA from July 2016)
Even if index gets lower by 3 points during both of these months compared to previous month, viz., May 2016 registers 3 point reduction from April and further three point reduction in June 2016 compared to May 2016, increase in DA from July 2016 will be 6%.
DA from July 2016=[(263+264+266+269+270+269+269+267+268+271+268@+265@)-115.76]X100/115.76
=131% -125% (6% increase in DA from July 2016)
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