Expected DA/DR from Jul, 2024 @ 53%- – All-India CPI-IW for the month of Feb, 2024, Mar, 2024 & Apr, 2024 issued by Labour Bureau on 07.06.2024
The All-India CPI-IW for February, 2024 increased by 0.3 point and stood at 139.2 (one hundred thirty nine point two). The All-India CPI-IW for March, 2024 decreased by 0.3 point and stood at 138.9 (one hundred thirty eight point nine). The All-India CPI-IW for April, 2024 increased by 0.5 point and stood at 139.4 (one hundred thirty nine point four). CPI (IW) Index for 3 months have been issued by the Labour Bureau. The increase in April, 2024 index is showing expected DA/DR from Jul, 2024 to 53% i.r.o. Central Govt Employees and Pensioners which is 3% increase in existing DA/DR Rate. Presently, further increase in DA/DR Rate will be required huge increase in Index, hence it is confirmed that DA/DR rate from July, 2024 will not be more than 53%. Rest of 2 months’ CPI-IW index will give the exact figure of DA/DR of Jul, 2024.
The DA/DR from Jul, 2024 table is as follows:-
Expected DA/DR from July, 2024 on issue of All-India CPI-IW for Jan, 2024Expected DA/DR table by Staffnews.in |
|||||||||
| Increase/ Decrease Index |
Month | Base Year 2016 =100 |
Base Year 2001 = 100 |
Total of 12 Months |
Twelve monthly Average |
% increase over 115.76 for 6th CPC DA |
% increase over 261.42 for 7th CPC DA |
6th CPC DA announced or will be announced |
7th CPC DA announced or will be announced |
| Existing DA/DR from Jul, 2023 | 230% | 46% | |||||||
| 3.3 | Jul,23 | 139.7 | 402 | 4615 | 384.58 | 232.22% | 47.11% | ||
| -0.5 | Aug,23 | 139.2 | 401 | 4641 | 386.75 | 234.10% | 47.94% | ||
| -1.7 | Sep,23 | 137.5 | 396 | 4659 | 388.25 | 235.39% | 48.52% | ||
| 0.9 | Oct,23 | 138.4 | 399 | 4676 | 389.67 | 236.62% | 49.06% | ||
| 0.7 | Nov,23 | 139.1 | 401 | 4695 | 391.25 | 237.98% | 49.66% | ||
| -0.3 | Dec,23 | 138.8 | 400 | 4714 | 392.83 | 239.35% | 50.27% | ||
DA/DR from Jan, 2024 to be approved |
239% | 50% | |||||||
| 0.1 | Jan,24 | 138.9 | 400 | 4732 | 394.33 | 240.65% | 50.84% | ||
| 0.3 | Feb,24 | 139.2 | 401 | 4751 | 395.92 | 242.02% | 51.45% | ||
| -0.3 | Mar,24 | 138.9 | 400 | 4767 | 397.25 | 243.17% | 51.96% | ||
| 0.5 | Apr,24 | 139.4 | 401 | 4782 | 398.50 | 244.25% | 52.44% | ||
| 0 | May,24 | 139.4 | 401 | 4795 | 399.58 | 245.18% | 52.85% | Expected | |
| 0 | Jun,24 | 139.4 | 401 | 4803 | 400.25 | 245.76% | 53.11% | Expected | |
Expected DA/DR from Jul, 2024 |
245% | 53% | |||||||
Previous: Expected DA/DR from Jul, 2024 – All-India CPI-IW for the month of Jan, 2024
Press release dated 07.06.2024 by Labour Bureau:-
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
F.No. 5/1/2021-CPI
Dated: 7th June, 2024
Press Release
Consumer Price Index for Industrial Workers (2016=100) — February, March & April, 2024
1. The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The indices for the months of February, 2024, March, 2024 and April, 2024 are being released in this press release.
2. The All-India CPI-I[W for February, 2024 increased by 0.3 point and stood at 139.2 (one hundred thirty nine point two). The All-India CPI-IW for March, 2024 decreased by 0.3 point and stood at 138.9 (one hundred thirty eight point nine). The All-India CPI-IW for April, 2024 increased by 0.5 point and stood at 139.4 (one hundred thirty nine point four).
3. Year-on-year inflation for the month of February, 2024 stood at 4.90% as compared to 6.16% in February, 2023. Year-on-year inflation for the month of March, 2024 stood at 4.20% as compared to 5.79% in March, 2023. Year-on-year inflation for the month of April, 2024 stood at 3.87% as compared to 5.09% in April, 2023.
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