Expected DA/DR from Jan, 2023 records 1% increase in 1st month as CPI-IW for July, 2022 released.
Expected DA/DR from Jan, 2023 records 1% increase in 1st month as CPI-IW for July, 2022 released
The All-lndia CPI-IW for July, 2022 increased by 0.7 points and stood at 129.9 (one hundred twenty nine point nine). This increase in CPI-IW is opening the account of Expected DA/DR from January, 2023 i.r.o. Central Govt Employees and Pensioners with score 1% increase in 1st month. Rest of 5 months CPI-IW index will confirm the exact figure of DA/DR of Jan, 2023.
The DA/DR from July, 2022 has also confirmed to be 38% with 4 percent increase in existing rate. As per prevailing practice this increase will be approved by Cabinet in the month of September, 2022. The Central Govt. Employees and Pensioners are eagerly waiting for Cabinet Approval and issuance of DoE OM in this regard. A Fake order circulating on Social Media is claiming that the additional instalment of Dearness Allowance will be effective from 01.07.2022. Readers are requested to be aware from such false information.
The DA/DR from Jan, 2023 table is as follows:-
Expected DA/DR from Jan, 2023
Issue of All-India CPI-IW for Jul, 2022
|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|
DA/DR from July, 2022
Expected DA/DR from Jan, 2023
Press release dated 31.08.2022 by Labour Bureau:-
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 31 August, 2022
Consumer Price Index for Industrial Workers (2016=100) — July, 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 July, 2022 is being released in this press release.
The All-India CPI-IW for July, 2022
increased by 0.7 points and stood at 129.9 (one hundred twenty nine
point nine). On 1-month percentage change, it increased by 0.54 per cent
with respect to previous month compared to an increase of 0.90 per cent
recorded between corresponding months a year ago.
The maximum upward pressure in current index came from Housing group contributing 0.37 percentage points to the total change. At item level Cooking Gas, Electricity Domestic, Potato, Onion, Gourd, Mango, Banana, Chillies Dry, Cooked Meal, Wheat, Wheat Atta, Arhar Dal, Tur Dal etc. are responsible for the rise in index. However, this increase was largely checked by Tomato, Poultry Chicken, Soyabeen oil, Sunflower Oil, Mustard oil, Palm Oil, Rice, Apple, Lemon, Radish, Garlic, Drum Stick etc. putting downward pressure on the index.
At centre level, Udham Singh Nagar recorded a maximum increase of 3.8 points followed by Jalpaiguri and Jalandhar with 3.3 and 3.2 points respectively. Among others, 9 centres recorded increase between 2 to 2.9 points, 32 centres between 1 to 1.9 points and 24 centres between 0.1 to 0.9 points. On the contrary, Salem recorded a maximum decrease of 4.1 points. Among others, 2 centers recorded decrease between 2 to 2.9 points, 3 centers between 1 to 1.9 points and 11 centres between 0.1 to 0.9 points. Rest of 3 centres’ indices remained stationary.
Year-on-year inflation for the month stood at 5.78 per cent compared to 6.16 per cent for the previous month and 5.26 per cent during the corresponding month a year before. Similarly, Food inflation stood at 5.96 per cent against 6.73 per cent of the previous month and 4.91 per cent during the corresponding month a year ago.2