The All-India Consumer Price Index for Industrial Workers (CPI-IW) stayed unchanged in November 2022, per a Labour Bureau press release. Therefore, the Dearness Allowance for January 2023 has reached its conclusion! According to the Seventh Central Pay Commission, this month’s CPI-IW data reveals a 4% increase, resulting in a 42% increase in DA/DR for Central Government Employees and Pensioners. If the AICPIN index for the month of December 2022 increases by more than 7 points or decreases by more than 5 points from its current level, only then could the projection of “Expected DA from January 2023” be altered! Aside from that, the 42% Dearness Allowance (DA) beginning in January 2023 is nearly confirmed!
The All-India Consumer Price Index for Industrial Workers (CPI-IW) stayed unchanged in November 2022, per a Labour Bureau press release. Therefore, the Dearness Allowance for January 2023 has reached its conclusion! According to the Seventh Central Pay Commission, this month’s CPI-IW data reveals a 4% increase, resulting in a 42% increase in DA/DR for Central Government Employees and Pensioners. If the AICPIN index for the month of December 2022 increases by more than 7 points or decreases by more than 5 points from its current level, only then could the projection of “Expected DA from January 2023” be altered! Aside from that, the 42% Dearness Allowance (DA) beginning in January 2023 is nearly confirmed!
M/Y | AICPIN 2016 | AICPIN 2001 | DA% |
July 2022 | 129.9 | 374 | 39.03 |
August 2022 | 130.2 | 375 | 39.70 |
September 2022 | 131.3 | 378 | 40.43 |
October 2022 | 132.5 | 382 | 41.13 |
November 2022 | 132.5 | 382 | 41.77 |
December 2022 | 132.5 | 382 | 42.44 |
If the AICPIN index number for the month of December will be 132.5, the additional DA/DR for Central Government employees, pensioners, and family pensioners will be 4%! The total DA/DR will move up to 42%!