None
Skip to mainThe All-India CPI-IW for the month of September 2021 increased by 0.3 points and stood at 123.3 (one hundred twenty-three and point three). On 1-month percentage change, it increased by 0.24 per cent with respect to the previous month compared to an increase of 0.62 per cent recorded between corresponding months a year ago.
The Dearness Allowance for the Central Government Employees is calculated based on 12 months average CPI-IW index. The indices of three more months are required for the calculation of the Dearness allowance from January 2021.
Consumer Price Index Numbers for Industrial Workers - CPI(IW) 2016=100 | ||||
Jan '21 | 118.2 | July '21 | 122.8 | |
Feb '21 | 119.0 | Aug '21 | 123.0 | |
Mar '21 | 119.6 | Sep '21 | 123.3 | |
Apr '21 | 120.1 | Oct '21 | ||
May '21 | 120.6 | Nov '21 | ||
June '21 | 121.7 | Dec '21 |
The DA is calculated with the following formula
DA = (A – 261.4)*100/(261.4)
Where A = Avg of CPI-IW (base 2016=100) for the past 12 months x linking factor of 2.88
This linking factor will have to be used to convert CPI (IW) new series index to the previous series on base 2001=100.
Even though it is too early for the calculation, it can be said that with a rise of the index by 0.2 points every month, the DA from the month of January 2022 will be 33%, a hike of 2%. Slightly higher inflation can push it to 34%
🕑 18 Mar, 2024 01:16 PM
Changes in Reimbursement of Children Education Allowance as per NEP 2020
🕑 18 Mar, 2024 01:13 PM
Holiday declare for 14th April, 2024 – Birthday of Dr. B.R. Ambedkar
🕑 18 Mar, 2024 01:04 PM
Revised Flexible Complementing Scheme for Scientists
🕑 15 Mar, 2024 09:33 AM
Dearness Relief to Central Government pensioners from January 2024
🕑 14 Mar, 2024 09:14 AM
Interest rates for Small Savings for 1st Quarter of FY 2024-25 unchanged
🕑 12 Mar, 2024 03:22 PM
FinMin issues order on DA revision effective from January 1, 2024
🕑 12 Mar, 2024 03:04 PM
Bank Wage Revision:12th Bipartite Settlement & 9th Joint Note Signed
🕑 08 Mar, 2024 10:15 AM
DA Jumps to 50%! Central Govt Employees Get a Raise Just in Time
🕑 08 Mar, 2024 09:40 AM
Promotion via LDCE in case of pending prosecution
🕑 08 Mar, 2024 09:19 AM
Promotion via LDCE in case of pending prosecution
🕑 14 Mar, 2024 02:07 PM
Govt bans 18 vulgar 18 OTT. See the list here
🕑 08 Mar, 2024 01:49 PM
Pension Scheme Gains Traction Across States, Despite Central Hurdles
🕑 20 Feb, 2024 11:17 PM
CGHS rate for general surgery applicable from February 1, 2024
🕑 08 Feb, 2024 10:19 AM
No loan interst change as RBI maintains repo rate at 6.50% for the 6th time
🕑 07 Feb, 2024 08:28 PM
The Evolving Role of Pay Commissions in India: Mandatory or Myth?
🕑 05 Feb, 2024 03:50 PM
How much you take home increase after DA hike?
🕑 03 Feb, 2024 07:59 PM
Guaranteed Benefits in NPS: Election Gambit or Endgame for Retirees?
🕑 03 Feb, 2024 07:46 PM
Budget 2024. Benefit up to ₹ 25000. One in eight taxpayers to benefit