Expected DA/DR from Jan, 2024 – 50% or more as record increase in All-India CPI-IW for July, 2023

 Expected DA/DR from Jan, 2024 – 50% or more as record increase in All-India CPI-IW for July, 2023

Expected DA/DR from Jan, 2024 – 50% or more as record increase in All-India CPI-IW for the month of July, 2023 issued by Labour Bureau on 31.08.2023

The All-India CPI-IW for July, 2023 increased by 3.3 points and stood at 139.7 (one hundred thirty nine point seven), which is the most so far increase in new series since Sep, 2020. This increase in CPI-IW is opening the account of Expected DA/DR from Jan, 2024 i.r.o. Central Govt Employees and Pensioners with score of 1.7% increase in 1st month.  Rest of 5 months’ CPI-IW index will give the exact figure of DA/DR of Jan, 2024 and with huge increase in CPI-IW for Jul, 2023 the 50% or more DA/DR w.e.f. Jan, 2024 is likely to be confirmed.

The DA/DR from Jul, 2024 has also confirmed to be 46% with 4 percent increase in existing rate.  As per prevailing practice this increase will be approved by Cabinet in this month of Sep, 2023.  The Central Govt. Employees and Pensioners are eagerly waiting for Cabinet Approval and issuance of DoE OM in this regard.

The DA/DR from Jan, 2024 table is as follows:-

Expected DA/DR from January, 2024 on issue of All-India CPI-IW for Jul, 2024 Expected DA/DR table
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
	Existing DA/DR from Jan, 2023							221%	42%
0.5	Jan,23	132.8	382	4489	374.08	223.15%	43.10%
-0.1	Feb,23	132.7	382	4511	375.92	224.74%	43.80%
0.6	Mar,23	133.3	384	4532	377.67	226.25%	44.47%
0.9	Apr,23	134.2	386	4550	379.17	227.55%	45.04%
0.5	May,23	134.7	388	4566	380.50	228.70%	45.55%
1.7	Jun,23	136.4	393	4587	382.25	230.21%	46.22%
	Confirmed DA/DR from Jul, 2023							230%	46%
3.3	Jul,23	139.7	402	4615	384.58	232.22%	47.11%
0	Aug,23	139.7	402	4642	386.83	234.17%	47.97%	Expected
0	Sep,23	139.7	402	4666	388.83	235.90%	48.74%	Expected
0	Oct,23	139.7	402	4686	390.50	237.34%	49.38%	Expected
0	Nov,23	139.7	402	4706	392.17	238.78%	50.01%	Expected
0	Dec,23	139.7	402	4727	393.92	240.29%	50.68%	Expected
	Expected DA/DR from Jan, 2024							240%	50%