AICPIN for May 2024: DA Calculation for Govt Employees & Pensioners
The All India Consumer Price Index data for May 2024 plays a crucial role in establishing the percentage of the Dearness Allowance granted biannually to government employees, pensioners, and family pensioners in India. This Dearness Allowance is meticulously computed on a monthly basis and its final announcement is made in January and July each year, following approval from the Union Cabinet.
The calculation of the Dearness Allowance adheres to the formula stipulated by the 7th Pay Commission, ensuring transparency and consistency in the process. To provide you with a comprehensive understanding, we have compiled a detailed table outlining the calculation of the Dearness Allowance every month, complete with the prescribed formula for your convenience and quick reference.
DA Calculation Table 2024
| M-Y | AICPIN 2016 | AICPIN 2001 | DA % |
| Jan-24 | 138.9 | 400 | 50.85 |
| Feb-24 | 139.2 | 401 | 51.46 |
| Mar-24 | 138.9 | 400 | 51.97 |
| Apr-24 | 139.4 | 401 | 52.45 |
| May-24 | |||
| Jun-24 |