Dearness Allowance for Bank Employees – Likely to increase 29 Slabs or more
Based on the confirmed AICPIN for April and May and assuming that index number for June may continued on same level , in tune with present inflationary trend , the DA for Bank Employees/Officers for Aug, Sept & Oct may likely to show an increase of 29 slabs Or more as per details furnished here under:
If AICPIN increase with one or two points there may have further increase in DA for next quarter.This is only assumption.
Kindly note that actual increase/decrease in DA can be arrived only on release of AICPIN for June in next month by Ministry.
Submitted by Mohan.P
Source : http://paycommissionupdate.blogspot.in/
Likely Bank D.A. from August 2014Labour Bureau,Ministry of Labour and Employment,Govt.of India, has released All India Consumer Price Index Numbers for Industrial Workers ,Base 2001=100 for the month of May’14,today which stood at 244 points with an increase of 2 points while compared to April figure. ( There was a decrease of 16 slabs during last quarter )
Based on the confirmed AICPIN for April and May and assuming that index number for June may continued on same level , in tune with present inflationary trend , the DA for Bank Employees/Officers for Aug, Sept & Oct may likely to show an increase of 29 slabs Or more as per details furnished here under:
| Base Year 2001=100 1960=100 | ||
| APRIL (confirmed) | 242 | 5523.87 |
| MAY( do) | 244 | 5569.50 |
| JUNE (Expected) | 244 | 5569.52 |
| Average index | 5554 |
| Less merged index(9thBPS) | 2836 |
| Slabs 2718/4 | 679 |
| Increase (679-old 650) | 29 slabs |
| @ 0.15% | 101.85 % ( from existing 97.50% ) |
If AICPIN increase with one or two points there may have further increase in DA for next quarter.This is only assumption.
Kindly note that actual increase/decrease in DA can be arrived only on release of AICPIN for June in next month by Ministry.
Submitted by Mohan.P
Source : http://paycommissionupdate.blogspot.in/
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