The All-India CPI-IW for Jul, 2024 increased by 1.3 points and stood at 142.7 (one hundred forty two point seven). This increase in CPI-IW is opening the account of Expected DA/DR from Jan, 2025 i.r.o. Central Govt Employees and Pensioners with small increase in 1st month. Rest of 5 months’ CPI-IW index will give the exact figure of DA/DR of Jan, 2025 and with the issue of index of the calculation and expectation of half yearly increase in DA/DR is being started.The DA/DR from Jul, 2024 has also confirmed to be 53% with 3 percent increase in existing rate. As per prevailing practice this increase will be approved by Cabinet in this month of September, 2024 in next few days. The Central Govt. Employees and Pensioners are eagerly waiting for Cabinet Approval and issuance of DoE OM in this regard.The DADR from Jan, 2025 table is as follows:-
Press release dated 09.09.2024 by Labour Bureau:-
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
F.No. 5/1/2021-CPI
Dated: 09.09.2024
Press Release
Consumer Price Index for Industrial Workers (2016=100) — July, 2024
1. Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index for the month of July, 2024 is being released in this press release.
2. The All-India CPI-IW for July, 2024 increased by 1.3 point and stood at 142.7 (one hundred forty two point seven).
3. Year-on-year inflation for the month of July, 2024 moderated to 2.15% as compared to 7.54% in July, 2023. The year on year inflation for the month of June, 2024 was 3.67% as compared to 5.57% in June, 2023.
Y-o-Y Inflation based on CPI-IW (General)
Expected DA/DR from Jan, 2025 on issue of All-India CPI-IW for Jul, 2024Expected DA/DR table by Staffnews.in |
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|
Increase/ |
Month |
Base |
Base |
Total |
Twelve |
% increase |
% increase |
6th CPC |
7th CPC |
|
Existing DA/DR from Jan, 2024 |
239% |
50% |
|||||||
|
0.1 |
Jan,24 |
138.9 |
400 |
4732 |
394.33 |
240.65% |
50.84% |
||
|
0.3 |
Feb,24 |
139.2 |
401 |
4751 |
395.92 |
242.02% |
51.45% |
||
|
-0.3 |
Mar,24 |
138.9 |
400 |
4767 |
397.25 |
243.17% |
51.96% |
||
|
0.5 |
Apr,24 |
139.4 |
401 |
4782 |
398.50 |
244.25% |
52.44% |
||
|
0.5 |
May,24 |
139.9 |
403 |
4797 |
399.75 |
245.33% |
52.91% |
||
|
1.5 |
Jun,24 |
141.4 |
407 |
4811 |
400.92 |
246.33% |
53.36% |
||
|
DA/DR from Jul, 2024 to be approved |
246% |
53% |
|||||||
|
1.3 |
Jul,24 |
142.7 |
411 |
4820 |
401.67 |
246.98% |
53.65% |
||
|
0 |
Aug,24 |
142.7 |
411 |
4830 |
402.50 |
247.70% |
53.97% |
Expected |
|
|
0 |
Sep,24 |
142.7 |
411 |
4845 |
403.75 |
248.78% |
54.44% |
Expected |
|
|
0 |
Oct,24 |
142.7 |
411 |
4857 |
404.75 |
249.65% |
54.83% |
Expected |
|
|
0 |
Nov,24 |
142.7 |
411 |
4867 |
405.58 |
250.37% |
55.15% |
Expected |
|
|
0 |
Dec,24 |
142.7 |
411 |
4878 |
406.50 |
251.16% |
55.50% |
Expected |
|
|
Expected DA/DR from Jan, 2025 |
251% |
55% |
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