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Expected DA from July 2022 is now 38% with a sharp 1.7 pts rise in April CPI-IW

Expected DA from July 2022 is now 38% with a sharp 1.7 pts rise in April CPI-IW : The All-India Consumer Price Index for Industrial Workers (CPI-IW) for April 2022 increased by 1.7 points and stood at 127.7, according to a statement released by the Labour Bureau, under the Ministry of Labour and Employment on Tuesday. The figures are keenly watched by the central government employees as the DA or the dearness allowance hike is determined by this index. The Labour Bureau compiles the figures for a month on the last day of the subsequent month. Index for Industrial      Read More