Expected DA from July 2018 – 9% ?
All India Consumer Price Index Numbers for Industrial Workers – CPI(IW) for May 2018 increased by one point and pegged at 289, based on the DA Calculation formula the DA as on May 2018 is 9.51%.
AICPIN for June 2018 is expected on 31st July 2018, even if the AICPIN increase or reduce by 6 points, the DA for the July 2018 will remain at 9%, which means increase of 2% DA is confirmed.
In case AICPIN for June month increase by 7 points i.e 296, then the DA will be 10.02% as on June 2018, but very less chance to get this increase in June 2018. However we have to wait for the AICPIN data to finalize.
Comments are welcome.