DA Hike Today: According to the current trend, dearness allowance can reach 51 percent. If this happens, there will be a jump of 5 percent in it. At the same time, if there is a rise of 4 percent in the index then the dearness allowance will be only 50 percent.
DA Hike: The coming new year is going to be very good for central employees. They will get increased dearness allowance as New Year gift. However, this will have to wait till March. But, after 8 days from now i.e. on 31st December, there may be some very good news for them. Actually, the AICPI index numbers will be released by December 31. This will give an idea of how much the dearness allowance (DA hike) has reached for January 2024. If we look at the current numbers, the dearness allowance of central employees has reached 49 percent. But, this is based on the numbers of October AICPI index. November numbers will be released after 8 days.
How much has the index reached so far?
The AICPI index number has reached 138.4 points by October 2023. There was an increase of 0.9 points in comparison to September. On this basis, the total score of dearness allowance has reached 49.08 percent. It is estimated that due to food inflation in November and December also the index will see a rise. RBI Governor has also indicated this. Due to this, another increase of 1.50 percent is visible in dearness allowance.
4 or 5%- how much will dearness allowance increase?
In January 2024, dearness allowance may show a jump of 4 or 5 percent. If we estimate the numbers so far, it is certain to be 4 percent. But, experts believe that if there is a jump in the index in November and December, then a jump of even 5 percent cannot be ruled out. According to the current trend, dearness allowance can reach 51 percent. If this happens, there will be a jump of 5 percent in it. At the same time, if there is a rise of 4 percent in the index then the dearness allowance will be only 50 percent.
Dearness allowance has crossed 49%
So far, numbers for July, August, September and October have been released in the AICPI index. The index is at 138.4 points, the score of dearness allowance calculated from this has reached 49.08 percent. This figure is expected to cross 50 percent in November. After this, if the index increases by 0.54 points in December, then dearness allowance can reach 51 percent. The December 2023 AICPI index numbers will decide the final DA numbers.
DA Hike will be Vigorous
Dearness Allowance Calculator (DA calculator) There are indications that dearness allowance will reach 51 percent in the remaining months.
| Month/ Year | CPI(IW) BY2016=100 | DA% Monthly Increase |
| January 2023 | 132.8 | |
| February 2023 | 132.7 | |
| March 2023 | 133.3 | |
| April 2023 | 134.2 | |
| May 2023 | 134.7 | |
| June 2023 | 136.4 | |
| July 2023 | 139.7 | |
| August 2023 | 139.2 | |
| September 2023 | 137.5 | |
| October 2023 | 138.4 | |
| November 2023 | 49.69 | |
| December 2023 | 50.60 |
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