Expected DA/DR from Jan, 2025 @56% – All-India CPI-IW for the month of Oct, 2024

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Expected DA/DR from Jan, 2025 @56% – All-India CPI-IW for the month of Oct, 2024

Expected DA/DR from Jan, 2025 @56% – All-India CPI-IW for the month of Oct, 2024 issued by Labour Bureau on 05.12.2024

The All-India CPI-IW for October 2024 recorded an increase of 1.2 points, reaching 144.5 (one hundred forty four point five). This notable rise in the CPI-IW suggests 3% increase in existing rate and to be expected Dearness Allowance (DA)/Dearness Relief (DR) at the rate of 56% for Central Government employees and pensioners, effective from January 2025. The expected DA/DR rate @ 56% from January, 2025 will be confirmed after the release of the CPI-IW figures for the remaining two months.

Based on the current increase, the expected DA/DR from January 2025 is projected to be at the rate of 56%. Any further positive change in the CPI-IW Index over the next two months may confirm this rate; any huge decrease in index will reduce this expectation to remain at 55%.

The DA/DR from Jan, 2025 table is as follows:-

Expected DA/DR from Jan, 2025 on issue of All-India CPI-IW for Oct, 2024

Expected 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, 2024 246% 53%
1.3 Jul,24 142.7 411 4820 401.67 246.98% 53.65%
-0.1 Aug,24 142.6 411 4830 402.50 247.70% 53.97%
0.7 Sep,24 143.3 413 4847 403.92 248.93% 54.51%
1.2 Oct,24 144.5 416 4864 405.33 250.15% 55.05%
0 Nov,24 144.5 416 4879 406.58 251.23% 55.53% Expected
0 Dec,24 144.5 416 4895 407.92 252.38% 56.04% Expected
Expected DA/DR from Jan, 2025 252% 56%

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dearness-allowance-revised-rates-effective-from-01-01-2025

Press release dated 05.12.2024 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: 05.12.2024

Press Release

Consumer Price Index for Industrial Workers (2016=100) – October, 2024

1. 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 index for the month of October, 2024 is being released in this press release.

2. The All-India CPI-IW for October, 2024 increased by 1.2 point and stood at 144.5 (one hundred forty four point five).

3. Year-on-year inflation for the month of October, 2024 stood at 4.41% as compared to 4.45% in October, 2023.

To read further View/download the PDF

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