Labour bureau released All India Consumer Price Index Numbers for Industrial Workers (AICPIN-IW) for the month of December 2019. According to its Press release, AICPIN increased 2 points and pegged at 330 and DA from January 2020 has been finalised.

Every month based on the retail price of essential commodities in previous month, Labour Bureau issues press release declaring the CPI for that month.

JANUARY 2019 307
FEBRUARY 2019 307
MARCH 2019 309
APRIL 2019 312
MAY 2019 314
JUNE 2019 316
JULY 2019 319
AUGUST 2019 320
SEPTEMBER 2019 322
OCTOBER 2019 325
NOVEMBER 2019 328
DECEMBER 2019 330

These AICPIN Points are taken into account for calculation of Dearness Allowance to Central government Employees and Pensioners as well as Employees of PSUs and banking Sector, Hence, this December 2019 AICPIN Point is expected very eagerly.

This is the last Month AICPIN to determine the rate of DA from 1st January 2020.

According to the Labour Bureau Press release dated 31st December 2019, the AICPIN for December has been released today on 31st January 2020.

After AICPIN for December 2019 increased 2 points, it is estimated that the DA from January  2020 will be enhanced to 21% from 17% with 4% Hike.

Source:- PDF File