| AICPIN |
The expected Dearness Allowance from January 2023 is 42% and it can be assumed as final based on AICPIN for December, 2022 which has been published on 31st January, 2023 by labour bureau.
Consumer Price Index for Industrial Workers (2016=100) for December, 2022 decreased by 0.2 points and stood at 132.3 points.
DA Calculation:
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 :
[125.1+125.0+126.0+127.7+129.0+129.2+129.9+130.2+131.3+132.5 + 132.5 + 132.3] x 2.88 / 12 =372.144
Hence, expected DA for January, 2023
= (372.144-261.4) /261.4 x 100 = 42.35
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