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AICPIN May 2024: Latest Press Release Updates

AICPIN May 2024: Download Press Release PDF

AICPIN for May 2024 for CG Employees and Pensioners: The All India Consumer Price Index Numbers (AICPIN) are vital in establishing the Dearness Allowance for those employed by the Central Government, as well as for pensioners and their families. AICPIN May This essential element guarantees that these groups receive adequate compensation that aligns with the rising cost of living. The calculation of the Dearness Allowance is rooted in the All India Consumer Price Index, and follows the specific formula set forth by the 7th pay commission.

The announcement of DA increases, made by the central government biannually on January 1st and July 1st, is highly anticipated, as it has a direct effect on the financial stability of many. AICPIN May The DA for the January to June period is calculated using data available until June, whereas the figures for July to December are based on finalized data from December.

Through this careful methodology, the government ensures that the Dearness Allowance genuinely reflects shifting economic realities and provides an equitable adjustment for its employees and pensioners. For a detailed look at how the Dearness Allowance is computed monthly using the All India Consumer Price Index, we offer a thorough explanation 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 – Easy & Accurate DA Calculations

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