Increase in DA will be not less than 4% - CPI suggests - GConnect
DA from July 2019 – All India Consumer Price Index suggests that increase in DA for Central Government Employees from July 2019
“Hike in DA is much anticipated news among Central government employees and pensioners with due from July 2019.”
The Dearness Allowance (DA) for the Central Government employees is set to increase from 12 percent to 17 percent from July 2019
now everyone's focus will be on expected DA from July 2019 as it ... expected DA from July will hit 5% hike level if remaining months
Expected Dearness Allowance from July 2019 for Central Government ... to 17% with the hike of 5% from July to December 2019.
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Pattern of Consumer Price Index from July 2018:
The subject period has witnessed one Phenomenal increase in Consumer Price Index from 291 to 301 which is 10 points increase in July 2018 alone. Historical data reveals that out of consumer price index for the period from 2005 to June 2018, highest monthly increase in the index was recorded in the month of July 2009 which was 7 Points.
From August 2018 to December 2018, trend in CPI was steady as it remained in 301 in December 2018, after increased to 302 during October 2018 and November 2018.
However, Consumer Price Index for the month of January 2019, recorded considerable increase of 6 points and moved to 307. This increasing trend continued and in the month of May 2019 CPI is recorded at 314.
Consumer Price Index from July 2018 to May 2019 is as follows.
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