AICPIN for May 2024 - DA calculation 2024 | Expected 3%



The All India Consumer Price Index Numbers (AICPIN) for May 2024 plays a vital role in calculating the Dearness Allowance (DA) for Central Government employees, pensioners, and family pensioners. The 7th pay commission has outlined a specific formula that relies heavily on the AICPIN. 

The government announces DA increments twice a year, on January 1st and July 1st. The DA percentage is calculated until June and applies from July to December, while the December calculation determines the DA percentage for the following year's January to June period. 

To understand the DA computation process, we'll explore the monthly AICPIN variations and their direct impact on the final figures.
.

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
Expected DA from July 2024 is 3%

Post a Comment

Previous Post Next Post

Most Visited