Saturday, December 30, 2023

AICPIN of November 2023 and impact on January 2024 D.A for central employees

The All-India CPI-IW for November, 2023 increased by 0.7 points and stood at 139.1 (one hundred thirty nine point one). On 1-month percentage change, it increased by 0.51 per cent with respect to previous month whereas it remained stationary between corresponding months a year ago.

The DA for Central Government Employees was earlier calculated based on the consumer price index with the base year 2001. The Central Government replaced it with a new consumer price index with the base year 2016 to calculate the DA from September 2020.

Based on the current calculation, expected D.A. from January stands to 49.68% with the release of AICPIN data. One more month's data is awaited, i,e. December 2023 which will be made available in the last day of January 2024.

If the current trend continues, it can be predicted that central D.A. will reach 50% from January 2024 and in addition to 4% increase in Dearness Allowance there will be hefty hike in HRA also.

at

No comments :

Post a Comment

Subscribe to: Post Comments ( Atom )
All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.

Blog Archive