All India Consumer Price Index data for the month of June, 2019 will be released today by the Labour Bureau.
Consumer Price Index for Industrial Workers Base Year 2001-100 (AICPIN) is an important factor to determine the Dearness allowance for Central Government employees and Pensioners.
Dearness allowance is granting twice in a year to all Central Government employees and Pensioners including Defence and Railways. First installment of additional Dearness allowance is sanctioned from January to June and the second installment from July to December every year.
The below table describe the percentage of Dearness allowance granted as installments…
Year | Period | DA % |
2016 | January to June | – |
2016 | July to December | 2% |
2017 | January to June | 4% |
2017 | July to December | 5% |
2018 | January to June | 7% |
2018 | July to December | 9% |
2019 | January to June | 12% |
2019 | July to December | ? |
Now aicipn is declared At 316 what will be the percentage of Da from 1st July 19
Updated its 316
Market Price too much HIGH….SO THAT AICPIN WILL BE 320 6 POINT OVER…
When it will be updated
Now time is 18.45.The index is not uploaded yet. It should have been done before closure of office.
AICPIN SHOULD MORE THAN314
If it is 313 DA will be 4% only.. Since 12 month average will be 16.99% .Decimal point aborted.
It should be 316
It should be more than 314
Mr. Anil,
AICPIN more than 314 is OK. But, in case of the index will be reflected as 313, another confusion may start!
Let us see
AICPIN for June 19 will b 316.