Expected DA/DR from Jul 2024 – All-India CPI-IW for the month of Jan 2024

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Expected DA/DR from Jul 2024 – All-India CPI-IW for the month of Jan 2024

The Labour Bureau released on February 29, 2024, the All-India CPI-IW for the month of January 2024.

The All-India CPI-IW for January 2024 was 138.9 (one hundred thirty-eight point nine), up 0.1 points from the previous month. Due to the CPI-IW increase, Central Government Employees and Pensioners will be able to access their Expected DA/DR account starting in July 2024, with a slight increase in the first month. With the release of the index of calculation and the forecast of a half-yearly increase in DA/DR, the remaining five months’ CPI-IW index will provide the precise value of DA/DR of January 2024.

With a 4% rise in the current rate, the DA/DR from January 2024 has also been reached to be 50%. Cabinet will approve this increase in March 2024, in accordance with the usual process.

The DA/DR from Jul, 2024 table : –

Expected DA/DR from Jul 2024 – All-India CPI-IW for the month of Jan 2024
Expected DA/DR from Jul 2024 – All-India CPI-IW for the month of Jan 2024

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