Central government employees news: From July onwards, the dearness allowance (DA Hike) has been counted in the same way. There has been a big increase of 1.5 points in the AICPI index. Due to this, there has been a jump in the dearness allowance score as well.
Central government employees news: The wait of central employees is over. The Dearness Allowance (DA Hike) to be implemented from July 2024 has been confirmed. The figures of AICPI index for June 2024 have been released. There has been a huge jump in it. Central employees and pensioners taking salary under the 7th Pay Commission will get direct benefit of this. Dearness allowance is being given 50 percent since January 2024. But, it has not been made zero. Dearness allowance has been counted in the same way from July onwards. There has been a big jump of 1.5 points in the AICPI index. Due to this, there has been a jump in the score of dearness allowance as well.
7th Pay Commission: Dearness allowance will increase by 3%
The numbers of the AICPI-IW index between January and June 2024 have decided how much dearness allowance the employees will get from July 2024. The final numbers have been released. The June AICPI index has seen a jump of 1.5 points. In May, it was at 139.9 points, which has now increased to 141.4. However, the score of dearness allowance has gone up to 53.36. This means that this time the dearness allowance will increase by 3 percent. In January, the index number was at 138.9 points, due to which the dearness allowance increased to 50.84 percent.
How much has the dearness allowance become?
| Month | CPI(IW)BY2001=100 | DA% Monthly Increase |
| Jan 2024 | 138.9 | 50.84 |
| Feb 2024 | 139.2 | 51.44 |
| Mar 2024 | 138.9 | 51.95 |
| Apr 2024 | 139.4 | 52.43 |
| May 2024 | 139.9 | 52.91 |
| Jun 2024 | 141.4 | 53.36 |
Inflation on annual basis CPI-IW (General)
There has been a decline in inflation on an annual basis in June 2024, the inflation rate in June 2024 was 3.67% as compared to 5.57% in June 2023.
What is the difference between AICPI-IW in May and June
| Sr. No. | Groups | May, 2024 | June, 2024 |
| I | Food & Beverages | 145.2 | 148.7 |
| II | Pan, Supari, Tobacco & Intoxicants | 161.2 | 161.6 |
| III | Clothing & Footwear | 143.6 | 144.2 |
| IV | Housing | 128.4 | 128.4 |
| V | Fuel & Light | 149.5 | 148.8 |
| VI | Miscellaneous | 136.1 | 136.3 |
| General Index | 139.9 | 141.4 |
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