Expected DA/DR from Jul, 2024 @ 53%- All-India CPI-IW for the month of Feb, Mar & Apr, 2024 issued by Labour Bureau

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, 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, 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%

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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