DA from July 2018 – Increase 2% Expected – Estimated DA with effect from July 2018 will be 9% – Suggestion based on actual Consumer Price Index for 10 months and estimated CPI for 2 months
Central Government Employees including Railway Employees, Defence Personnel and all Central Services and Defence Pensioners are paid dearness allowance at the rate of 7% with effect from January 2018.
New DA Calculator for calculating Dearness Allowance payable on 7th CPC Basic Pay:
Taking in to account, the revised DA Calculation Formula we have now come up with a new 7th Pay Commission DA Calculator.
We need AICPI (IW) (All India Consumer Price Index (Industrial Workers) for the months from July 2017 to June 2018 to determine Dearness Allowance with effect from July 2018. Actual Consumer Price Index for the months from July 2017 to March 2018 which are already available are tabulated as follows.
|May-2018||To be released|
|Jun-2018||To be released|
Expected DA from July 2018 : Estimation : 1
A conservative estimation of keeping CPI for May and June 2018, at the same level which was recorded in the month of April 2018 viz., CPI of 288, gives us an increase of 2% in DA from July 2018.
Source - Gconnect