DA from Jan 2024, AICPIN for December 2023, Expected DA from January 2024

Also Read

related post in the middle

DA from Jan 2024: जनवरी 2024 से महंगाई भत्ता 50% पहुंचा, Allowances will increase by 25%

    It's good news for all central government employees and pensioners. CPI-IW data for Calculation of Dearness Allowance and Dearness Relief has been released by labour Bureau of India on 31st January 2024 . 

Dearness Allowance is computed as a percentage of an Indian citizen's basic salary to ease the effect of inflation on people. 

How DA is Calculated?

Consumer Price Index for Industrial workers (CPI-IW) or AICPIN is the key factor for calculation of Dearness Allowance (DA) for Government Employees and Dearness Relief (DR) for Pensioners.

What is the AICPIN For December 2023?

The All-India CPI-IW for December,2023 decreased by 0.3 points and stood at 138.8 (one hundred thirty-eight point eight). On one-month percentage change, it decreased by 0.22 per cent with respect to previous month as compared to decrease of 0.15 per cent recorded between corresponding months a year ago.

Why to Calculate Expected DA? 

The calculation of DA and DR is a useful tool for government employees and Pensioners to estimate their future hike in salary and Pension and plan their expenses accordingly.

 

Calculation for Expected DA from January 2024

          For Calculation for Expected DA from January 2024, AICPIN or CPI-IW points for past 12 months are used. Average of last 12 months CPI-IW is taken on account for DA Calculation for the current month.

Table Below will explain the DA from Jan 2024 calculation for central Govt Employees and Pensioners-  

 

DA FROM JAN 2024 CALCULATOR
MONTH	CPI(IW)	12 MONTH AICPIN AVG	DA/DR CALC	FINAL DA/DR %
Jan 2023	132.8	129.87	43.07	43
Feb 2023	132.7	130.51	43.78	43
Mar 2023	133.3	131.12	44.45	44
Apr 2023	134.2	131.66	45.05	45
May 2023	134.7	132.13	45.57	45
Jun 2023	136.4	132.73	46.23	46
Jul 2023	139.7	133.55	47.13	47
Aug 2023	139.2	134.30	47.96	47
Sep 2023	137.5	134.82	48.53	48
Oct 2023	138.4	135.31	49.07	49
Nov2023	139.1	135.86	49.67	49
Dec 2023	138.8	136.40	50.27	50
JAN 2024

Frequently Asked Question (FAQ)

 

What is the expected DA for January 2024?

As per best possible calculation based on the CPI-IW (AICPIN) numbers till December 2023 by Labour Bureaucracy of India, expected DA from January 2024 is 50%. It will benefit around 50 lakh central government employees and 62 lakh pensioners.

 

What happens if DA reaches 50%?

When DA reaches  50% level, There will be no merger of DA in Basic Pay. Most of the Government Employees are in misconception that their DA will merged to Basic Pay on reaching 50 percent mark. But the reality is that, When DA reaches 50 percent mark, the following allowances will be increased by 25 percent-

1.     House Rent Allowance (HRA)

2.     Children Education Allowance (CEA)

3.     Special Allowance for Child Care

4.     Hostel Subsidy

5.   TA on Transfer (Transportation of Personal Effects)

6.     Gratuity Ceiling

7.     Dress Allowance

8.     Mileage Allowance for Own Transport

9.     Daily Allowance

What is the expected DA for January 2024?

As per best possible calculation using CPI-IW from July 2023 to December 2023 by Labour Bureau, DA from Jan 2024 is 50 percent.

Will 50 DA be merged with basic pay?

It is important to explain that once the DA exceeds 50%, it is not going to merge with the basic pay at all. The correct answer of this most asked question is that certain allowances will get hiked by 25% when DA crosses 50% level.