Today i.e. on 31.10.23 Govt declared CPI for the month of Sep'23 as 137.50 which is decreased from 139.2 points from the previous month i.e. Aug'23. Decrease in CPI data, as declared by the Govt, shows from their records the inflation has cooled down significantly in Sep'23 from the last month. Bankers DA calculator is updated hereunder accordingly. Earlier the Govt vide their notification dated 22.10.20 has changed the Consumer Price base year from 2001=100 to 2016=100 for Industrial Workers.
On the basis of CPI data announced by the Govt for the months of Jul'23 to Sep'23 (as tabled below) there will be an increase of 61 DA slab and the revised DA slabs payable for the period Nov'23 to Jan'24 comes to 693 as per 11th BPS
| Jul 2023 | 9183.68 |
| Aug 2023 | 9150.81 |
| Sep 2023 | 9039.05 |
| Average CPI | |
| For the Quarter Jul-Sep 2023 as above = 9124.51 | |
For the Last Quarter Apr-Jun 2023 = 8881.28   | |
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