AICPIN August 2023 for DA, DR of employees and Pensioners

The AICPIN for August 2023 has been released on 29.09.2023 (Friday), the last working day of September month, by Labour Bureau, under Ministry of Labour and Employment.

The AICPIN-IW stands for All-India Consumer Price Index Number – Industrial Workers, and it is very important index for DA, DR increment of Central Govt. employees, bank employees, PSU employees, Bank Pensioners, Govt. Pensioners and family pensioners.

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AICPIN – IW for August 2023 for Dearness Allowances of CPSE, PSU, Govt., Bank employees:

The AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers) for August 2023 has been released by Labour Bureau, under Ministry of Labour and Employment. Minister of State (I/C) for Labour & Employment. Shri Santosh Kumar Gangwar had launched new series on 22.10.2020 and changed the base year from CPI (IW) Base 2001 = 100 to CPI (IW) Base 2016 = 100.

The AICPIN is very very important for employees working in central government, state government, CPSE, PSU, Banks, defence forces Army, Navy, IAF, others etc, as the rate of dearness allowances are decided by it.

For CPSE, PSU employees, Central or State, based on the consecutive 3 months of AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers), means 1 quarter, calculation of average is done to finalize the IDA rate, which may be more or less than the previous quarter’s IDA rate. CPSE or many PSU employees get dearness allowance based on this rate.

For Bank employees, based on the consecutive 3 months of AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers), means 1 quarter, DA slab is calculated and DA rate order is issued by IBA (Indian Banks Association), which may be more or less than the previous quarter’s DA rate. Bank employees get dearness allowance based on this rate.

For Central Government employees, based on the consecutive 12 months of AICPIN – IW (All-India Consumer Price Index Number – Industrial Workers), means 1 year, calculation of average is done to finalize the DA rate, which may be more or less than the previous quarter’s DA rate. Central Government employees get dearness allowance based on this rate.

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AICPIN – IW for August 2023 = 139.2 (Base 2016=100):

August 2023 AICPIN – IW = 139.2, as per CPI(IW) Base 2016=100 Monthly Index Letter.

AICPIN – IW for August 2023 = 400.9 (Base 2001=100) = (139.2 x 2.88 = 400.9):

August 2023 AICPIN – IW = 400.9, as per old CPI (IW) Base 2001=100 Monthly Index Letter. AICPIN – IW on old base 2001=100 (General Index) can be obtained by multiplying the index number on new base 2016=100 by the linking factor 2.88 and rounding off the result to the nearest whole number.

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AICPIN – IW Index table for year 2023:

AICPIN – IW Index table for year 2022:

AICPIN Month	AICPIN New (Old)	AICPIN change from previous month
AICPIN for Dec 2022	132.3 (381)	– 1
AICPIN for Nov 2022	132.5 (382)	+ 0
AICPIN for Oct 2022	132.5 (382)	+ 4
AICPIN for Sep 2022	131.3 (378)	+ 3
AICPIN for Aug 2022	130.2 (375)	+ 1
AICPIN for July 2022	129.9 (374)	+ 2
AICPIN for June 2022	129.2 (372)	+ 0
AICPIN for May 2022	129 (372)	+ 4
AICPIN for April 2022	127.7 (368)	+ 5
AICPIN for March 2022	126.0 (363)	+ 3
AICPIN for Feb 2022	125.0 (360)	0
AICPIN for Jan 2022	125.1 (360)	– 1

Past AICPIN – IW Index table

AICPIN – IW Index table for year 2021:

AICPIN Month	AICPIN New (Old)	AICPIN change from previous month
Dec 2021 AICPIN	125.4 (361)	– 1
Nov 2021 AICPIN	125.7 (362)	+ 2
Oct 2021 AICPIN	124.9 (360)	+ 5
Sep 2021 AICPIN	123.3 (355)	+ 1
August 2021 AICPIN	123 (354)	+ 0
July 2021 AICPIN	122.8 (354)	+4
June 2021 AICPIN	121.7 (350)	+3
May 2021 AICPIN	120.6 (347)	+1
April 2021 AICPIN	120.1 (346)	+2
March 2021 AICPIN	119.6 (344)	+1
February 2021 AICPIN	119 (343)	+3
January 2021 AICPIN	118.2 (340)	-2

AICPIN – IW Index table for year 2020:

AICPIN Month	AICPIN New (Old)	AICPIN change from previous month
Dec 2020 AICPIN	118.8 (342)	-3
Nov 2020 AICPIN	119.9 (345)	1
October 2020 AICPIN	119.5 (344)	4
Sep 2020 AICPIN	118.1 (340)	2
August 2020 AICPIN	338	2
July 2020 AICPIN	336	4
June 2020 AICPIN	332	2
May 2020 AICPIN	330	1
April 2020 AICPIN	329	3
March 2020 AICPIN	326	-2
Feb 2020 AICPIN	328	-2
January 2020 AICPIN	330	0

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AICPIN – IW Index table for year 2019:

AICPIN Month	AICPIN Index (New / Old)	AICPIN change from previous month
Dec 2019 AICPIN	330	2
Nov 2019 AICPIN	328	3
October 2019 AICPIN	325	3
Sep 2019 AICPIN	322	2
August 2019 AICPIN	320	1
July 2019 AICPIN	319	3
June 2019 AICPIN	316	2
May 2019 AICPIN	314	2
April 2019 AICPIN	312	3
March 2019 AICPIN	309	2
Feb 2019 AICPIN	307	0
January 2019 AICPIN	307	6

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AICPIN-IW index latest list:

1. 29.09.2023 – August 2023 AICPIN – (139.2 x 2.88 = 400.9)
2. 31.08.2023 – July 2023 AICPIN – (139.7 x 2.88 = 402.3)
3. 31.07.2023 – June 2023 AICPIN – (136.4 x 2.88 = 392.8)
4. 30.06.2023 – May 2023 AICPIN – (134.7 x 2.88 = 387.9)
5. 31.05.2023 – April 2023 AICPIN – (134.2 x 2.88 = 386.5)
6. 28.04.2023 – March 2023 AICPIN – (133.3 x 2.88 = 383.9)
7. 31.03.2023 – February 2023 AICPIN – (132.7 x 2.88 = 382.2)
8. 28.02.2023 – January 2023 AICPIN – (132.8 x 2.88 = 382.5)
9. 31.01.2023 – December 2022 AICPIN – (132.3 x 2.88 = 381.0)

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DA, DR hike of all states and UTs of India	DA hike of Central Govt. Employees of 7th cpc, 6th cpc, 5th cpc
DA, DR hike of Indian Army, Navy and Air Force	DR hike of Central Govt. Pensioners and Family Pensioners
DA hike of Bank Employees	DR hike of Bank Pensioners or Bank Retirees of all types
IDA hike for CPSE or PSU employees of 3rd prc, 2nd prc, 1997 pay scale	AICPI-IW of current month – To calculate DA, DR

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Disclaimer: Kindly consult official website of Labour ministry in case of any confusion.