The All India Consumer Price Index for June, 2022 reaches 129.2 with an increase of 0.2 points. Based on calculation, the DA reaches 38% till June, 2022. Hence Central Government may declare a hike of 4% w.e.f July, 2022.
Note : Central Government employees are getting DA @34% w.e.f. 01.01.2022
Dearness Allowance calculation :
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Avg AICPI for last 12 months =
2.88 x ( 122.8 +123.0 +123.3 +124.9 +125.7 +125.4 +125. 1+125.0 +126.0 +127.7 +129.0 +129.2) / 12 = 2.88 x 1507.1 / 12 = 361.704
Expected DA =
( 361.704 - 261.4) *100/261.4 = 38.37%
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