Expected DA/DR from Jan, 2025 – All-India CPI-IW for the month of Aug, 2024 issued by Labour Bureau on 30.09.2024
The All-India CPI-IW for Aug, 2024 decreased by 0.1 points and stood at 142.6 (one hundred forty two point six). This decrease in CPI-IW is showing negligible change in Expected DA/DR i.r.o. Central Govt Employees and Pensioners from Jan, 2025 started from previous month’s CPI-IW Index. Rest of 4 months’ CPI-IW index will give the exact figure of DA/DR of Jan, 2025 and with the issue of index of the calculation and expectation of half yearly increase in DA/DR is on the way.
The DA/DR from Jul, 2024 has also confirmed to be 53% with 3 percent increase in existing rate. As per prevailing practice this increase will be approved by Cabinet in this month of September, 2024 and now this time has been lapsed and the employees are eagerly waiting for approval on the occasion of festive season. In this regard Confederation of Central Employees and workers has approached to Smt. Nirmala Sitharaman, Finance Minister for immediate intervention for declaration of DA/DR, PLB and Adhoc Bonus . Hopefully, Cabinet will approve the increase in DA and Bonus in next Cabinet Meeting. The Central Govt. Employees and Pensioners are eagerly waiting for Cabinet Approval and issuance of DoE OM in this regard.
Press release dated 30.09.2024 by Labour Bureau:-
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
F.No. 5/1/2021-CPI
Dated: 30.09.2024
Press Release
Consumer Price Index for Industrial Workers (2016=100) — August, 2024
1. 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 for the month of August, 2024 is being released in this press release.
2. The All-India CPI-IW for August, 2024 decreased by 0.1 point and stood at 142.6 (one hundred forty two point six).
3. Year-on-year inflation for the month of August, 2024 stood at 2.44% as compared to 6.91% in August, 2023.
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