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Expected DA from July 2024 | AICPIN table 2024
Expected DA from July 2024 | AICPIN table 2024
The All India Consumer Price Index Numbers (AICPIN) for May 2024 are crucial in determining the Dearness Allowance (DA) for Central Government employees, pensioners, and family pensioners. According to the 7th pay commission, a specific formula reliant on the AICPIN is used to calculate DA.
The government announces DA increments twice a year, effective January 1st and July 1st. The DA percentage is calculated up to June and applies from July to December. Similarly, the December calculation sets the DA percentage for January to June of the following year.
Understanding DA computation requires a look into monthly AICPIN variations and their direct impact on the final figures.
Expected DA from July 2024 isĀ 3%
All India Consumer Price Index Points Table 2024
Month | AICPIN-2016 |
---|---|
Jan-24 | 138.9 |
Feb-24 | 139.2 |
Mar-24 | 138.9 |
Apr-24 | 139.4 |
May-24 | |
Jun-24 |
All India Consumer Price Index Points Table 2023
Period | CPI-2016 |
---|---|
January 2023 | 132.8 |
February 2023 | 132.7 |
March 2023 | 133.3 |
April 2023 | 134.2 |
May 2023 | 134.7 |
June 2023 | 136.4 |
July 2023 | 139.7 |
August 2023 | 139.2 |
September 2023 | 137.5 |
October 2023 | 138.4 |
November 2023 | 139.1 |
December 2023 | 138.8 |