AICPIN for May 2024: DA and DR Calculation for CG Employees & Pensioners
The All India Consumer Price Index Numbers (AICPIN) play a crucial role in determining the Dearness Allowance for Central Government employees, pensioners, and family pensioners. This essential index, known as AICPIN, serves as the cornerstone for calculating the Dearness Allowance, which is a significant component of the compensation received by these individuals. The calculation methodology is intricately defined within the framework recommended by the 7th pay commission, ensuring a fair and transparent evaluation process.
The Dearness Allowance hike is typically announced by the central government twice a year, effective from the 1st of January and the 1st of July. The calculation for the DA increment between January to June is based on the finalized All India Consumer Price Index Numbers figures for the month of June, determining the percentage increase that will be applicable for this period. Similarly, the DA calculation for the period from July to December is based on the AICPIN data concluded in December. This comprehensive system ensures that the adjustments in Dearness Allowance align with the fluctuations in the cost of living, as reflected by the All India Consumer Price Index Numbers.
All India Consumer Price Index Numbers 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 |
AICPIN May 2024: Expect Without Delay | Monthly Index Update
The eagerly awaited All India Consumer Price Index Numbers (CPI for Industrial Workers) for the month of May 2024 are anticipated to be officially published on the Labour Bureau’s website on the 1st of July 2024. The preceding three months’ AICPIN data (February, March, and April) was notably delayed in its release by the Labour Department, causing a stir among central and state government employees as well as pensioners. Consequently, there is a collective hope and expectation that this month’s data will be promptly released as scheduled to ensure timely updates and adjustments for the concerned parties.
AICPIN (CPI-IW) Advance Calendar 2024 PDF
The official Press Release Date chart for the CPI Numbers of Industrial Workers for the months of 2024 has been released. This comprehensive chart provides detailed insights into the Consumer Price Index figures, reflecting the cost of living for industrial workers across various sectors. The data, meticulously compiled and analyzed, offers a valuable resource for economists, policymakers, and businesses to understand and anticipate economic trends affecting the workforce.
Month | Date |
January 2024 | 29.02.2024 |
February 2024 | 28.03.2024 |
March 2024 | 30.04.2024 |
April 2024 | 31.05.2024 |
May 2024 | 28.06.2024 |
June 2024 | 31.07.2024 |
July 2024 | 30.08.2024 |
August 2024 | 30.09.2024 |
September 2024 | 30.10.2024 |
October 2024 | 29.11.2024 |
November 2024 | 31.12.2024 |
December 2024 | 31.01.2024 |
PDF Download | Click Here |
All India Consumer Price Index Numbers 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 |
DA Table 2024
Month | AICPIN-2016 | AICPIN-2001 | DA |
Jan-24 | 138.9 | 400 | 50.85% |
Feb-24 | 139.2 | 401 | 51.46% |
Mar-24 | 138.9 | 400 | 51.97% |
Apr-24 | 139.4 | 401 | 52.45% |
May-24 | |||
Jun-24 |