Till the 8th Central Pay Commission is constituted and the recommendations are implemented, the Central Government Employees have to depend on the Dearness Allowance hike to atleast partially compensate for the ever increasing cost of living.
The Dearness Allowance for Central Government Employees is computed using the All India Consumer Price Index for Industrial Workers, which is averaged over 12 months (CPI-IW). The Labour Bureau of the Ministry of Labour compiles and publishes these indexes. The numbers are issued on a monthly basis, with the index for the previous month released at the end of the next month. The CPI IW is calculated by comparing retail price inflation to prices in a base year. The DA is currently calculated using the CPI-IW with 2016 as the base year. The numbers for the CPI-IW can be found on the labour bureau's website at http://labourbureau.gov.in/LBO_indexes.htm.
Dearness Allowance hike is one of the most awaited CG staff news that the employees are looking forward to. StaffCorner is bringing the DA Calculator so that the central government employees can estimate the Dearness Allowance and Dearness Allowance applicable to Central Government Employees and Pensioners in advance on their own.
The Dearness allowance from July 2023 is dependent on the CPI-IW indices from July 2022 to June 2023. The DA from June 2023 with upcoming indices can be tried out here
You can try out the calculator below.
The Dearness Allowance for the Central Government Employees is calculated based on 12 monthly average of the All India Consumer Price Index for Industrial Workers (CPI-IW). These indices are compiled and released by the Labour Bureau in the Ministry of Labour. The figures are released monthly and the index for a month is released at the end of the subsequent month. The CPI IW is based on the inflation in retail prices with reference to the prices in a base year. Currently the DA is calculated based on the CPI-IW with base year 2016.|
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Also, check out: Expected Dearness Allowance (DA) from January 2023 Calculator
Also, check out: Expected Dearness Allowance (DA) from January 2024 Calculator
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