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AICPIN for May 2024: Press Release

AICPIN

AICPIN for May 2024: Press Release PDF Download

AICPIN for May 2024 for CG Employees and 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 key factor is instrumental in ensuring that these individuals receive fair compensation that keeps up with the cost of living. The All India Consumer Price Index is used as the foundation for the calculation of the Dearness Allowance, which is done according to the prescribed formula recommended by the 7th pay commission.

The increment in DA, announced by the central government twice a year on 1st January and 1st July, is eagerly awaited by many as it directly impacts their financial well-being. The DA calculation for the period from January to June is based on the data available up to the month of June, while the calculation for the period from July to December is derived from the figures finalized in December.

It is through this meticulous process that the government ensures that the Dearness Allowance accurately reflects the changing economic conditions and provides a fair adjustment to the compensation of its employees and pensioners. For detailed information on how the Dearness Allowance is calculated each month based on the All India Consumer Price Index, we have provided a comprehensive breakdown of the process.

All India Consumer Price Index Data Table 2024

MonthAICPIN-2016
Jan-24138.9
Feb-24139.2
Mar-24138.9
Apr-24139.4
May-24
Jun-24

All India Consumer Price Index Date Table 2023

PeriodCPI-2016
January 2023132.8
February 2023132.7
March 2023133.3
April 2023134.2
May 2023134.7
June 2023136.4
July 2023139.7
August 2023139.2
September 2023137.5
October 2023138.4
November 2023139.1
December 2023138.8

DA Calculation Table 2024

MonthAICPIN-2016AICPIN-2001DA
Jan-24138.940050.85%
Feb-24139.240151.46%
Mar-24138.940051.97%
Apr-24139.440152.45%
May-24
Jun-24