Expected DA/DR from Jan, 2023 @ 41% – CPI-IW for August, 2022 released

 Expected DA/DR from Jan, 2023 @ 41% – CPI-IW for August, 2022 released

Expected DA/DR from Jan, 2023 @ 41% – CPI-IW for August, 2022 released

The All-India CPI-IW for August, 2022 increased by 0.3 points and stood at 130.2 (one hundred thirty point two) as per the press release by Labour Bureau. Expected DA/DR from January, 2023 accounts forwarded in 2nd step with this release.  This increase in CPI-IW is showing 3% increase in DA/DR from January, 2023 i.r.o. Central Govt Employees and Pensioners and reaching at 41% in 7th CPC DA/DR.  CPI-IW index in coming months will confirm the exact figure of DA/DR of Jan, 2023.

Hike in DA/DR from July, 2022 to 38% with 4 percent increase in existing rate has also been approved by Central Government.  Now the Central Govt. Employees and Pensioners are eagerly waiting for issuance of DoE OM and DoPP&W OM in this regard. The same will be issued soon.

Expected DA/DR from Jan, 2023 Issue of All-India CPI-IW for Jul, 2022 table by Staffnews.in
Increase/ Decrease Index	Month	Base Year 2016 = 100	Base Year 2001 = 100	Total of 12 Months	Twelve monthly Average	% increase over 115.76 for 6CPC DA	% increase over 261.42 for 7CPC DA	6CPC DA announced or will be announced	7CPC DA announced or will be announced
-0.3	Jan,22	125.1	360	4236	353.00	204.94%	35.03%	203%	34%
-0.1	Feb,22	125.0	360	4253	354.42	206.17%	35.57%
1.7	Apr,22	127.7	368	4294	357.83	209.12%	36.88%
1.3	May,22	127.7	372	4319	359.92	210.92%	37.68%
0.2	Jun,22	129.2	372	4341	361.75	212.50%	38.38%
	DA/DR from July, 2022							212%	38%
0.7	Jul,22	129.9	374	4361	363.42	213.94%	39.02%
0.3	Aug,22	130.2	375	4382	365.17	215.45%	39.69%
0	Sep,22	130.2	375	4402	366.83	216.89%	40.32%
0	Oct,22	130.2	375	4417	368.08	217.97%	40.80%
0	Nov,22	130.2	375	4430	369.17	218.91%	41.22%
0	Dec,22	130.2	375	4444	370.33	219.91%	41.66%
	Expected DA/DR from Jan, 2023							219%	41%

Press release dated 30.09.2022 by Labour Bureau:-

GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

F.No. 5/1/2021-CPI

‘CLEREMONT’ SHIMLA-171004
DATED: 30 Sep, 2022

Press Release

Consumer Price Index for Industrial Workers (2016=100) – August, 2022

The 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 is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of August, 2022 is being released in this press release.

The All-India CPI-IW for August, 2022 increased by 0.3 points and stood at 130.2 (one hundred thirty point two). On 1-month percentage change, it increased by 0.23 per cent with respect to previous month compared to an increase of 0.16 per cent recorded between corresponding months a year ago.

The maximum upward pressure in current index came from Food & Beverages group contributing 0.19 percentage points to the total change. At item level Rice, Wheat Atta, Arhar/Tur Dal, Wheat, Mango, Buffalo Milk, Cooked Meal, Telephone Charges mobile etc. are responsible for the rise in index. However, this increase was largely checked by Apple, Tomato, Poultry Chicken, Soyabeen oil, Sunflower Oil, Egg Hen, Electricity Domestic, Petrol for Vehicle etc. putting downward pressure on the index.

At centre level, Solapur recorded a maximum increase of 3.9 points followed by Agra with 3.2 points. Among others, 5 centres recorded increase between 2 to 2.9 points, 20 centres between 1 to 1.9 points and 27 centres between 0.1 to 0.9 points. On the contrary, Jamshedpur recorded a maximum decrease of 3.7 points. Among others, 8 centers recorded decrease between 1 to 1.9 points and 24 centres between 0.1 to 0.9 points. Rest one centre index remained stationary.

Year-on-year inflation for the month stood at 5.85 per cent compared to 5.78 per cent for the previous month and 4.80 per cent during the corresponding month a year before. Similarly, Food inflation stood at 6.46 per cent against 5.96 per cent of the previous month and 4.83 per cent during the corresponding month a year ago.