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
Month | AICPIN-2016 |
Jan-24 | 138.9 |
Feb-24 | 139.2 |
Mar-24 | 138.9 |
Apr-24 | 139.4 |
May-24 | |
Jun-24 |
All India Consumer Price Index Date Table 2023
Period | CPI-2016 |
January 2023 | 132.8 |
February 2023 | 132.7 |
March 2023 | 133.3 |
April 2023 | 134.2 |
May 2023 | 134.7 |
June 2023 | 136.4 |
July 2023 | 139.7 |
August 2023 | 139.2 |
September 2023 | 137.5 |
October 2023 | 138.4 |
November 2023 | 139.1 |
December 2023 | 138.8 |
DA Calculation Table 2024 – Easy & Accurate DA Calculations
Month | AICPIN-2016 | AICPIN-2001 | DA |
Jan-24 | 138.9 | 400 | 50.85% |
Feb-24 | 139.2 | 401 | 51.46% |
Mar-24 | 138.9 | 400 | 51.97% |
Apr-24 | 139.4 | 401 | 52.45% |
May-24 | |||
Jun-24 |