All India Consumer Price Index for Industrial Workers (2016=100) for September, 2021 increased to 123.3 points compared to 123.0 points for August, 2021.
DA Calculation
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Percentage of Dearness Allowance
= (Average of AICPIN for the past 12 months – Fitment Linking Factor) x 100 / Fitment Linking Factor
Average AICPIN for last twelve months :
[ 119.5 + 119.9 + 118.8 + 118.2 + 119.0 + 119.6 + 120.1 + 120.6 + 121.7 + 122.8 + 123.0 + 123.3 ] x 2.88 / 12 = 347.16
Hence, expected DA for September, 2021
= (347.1- 261.4) /261.4 x 100 = 32.8
N.B. The Union Government has announced 31% DA (3% hike) wef July 1, 2021.
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