June 2019 AICPIN increased 2 Points and 5% DA Hike is confirmed from July 2019
Labour Bureau released AICPIN for the month of June 2019 today. According to the press release, the Consumer price Index Number for Industrial workers for June increased 2 points and pecked at 216.
With this 2 points increase in the last month of 12 Months AICPIN to calculate DA hike from 1st July 2019, it is now confirmed that the rate of DA will be increased by 5% from existing 12% to 17%. The cabinet approval for this DA hike from July 2019 will be granted in the last week of August or 1st week of September 2019.