Friday, July 29, 2011

D.A. INCREASE TO BANK EMPLOYEES and OFFICERS W.E.F 1st Aug 2011 - 8 Slabs

Increase of 8 slabs over existing level 
Click here to view the D.A. chart

DA for Bank workmen and Officers are calculated based on average Consumer Price Index Numbers (Base 1960=100) for the months of April, May and June 2011.
Ministry of Labour and Employment ,Govt of India has released the CPI(IW) figure for the month of June 2011 today. Accordingly confirmed CPI(IW)figures are as follows:
BaseYear (2001=100) (Base Year 1960=100)

APRIL         186            4245.61
MAY           187            4268.44
JUNE          189            4314.09
Average index figure comes to 4276 points with an increase of 360 slabs over 2836 points
resulting an increase of eight slabs over existing level.
Therefore, DA payable for Bank Employees for the months of August,September & October '11,will be at the rate of 54 %
-Submitted by-Mohan.P
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(Note: While predicting the figure earlier it is also mentioned that maximum percentage may go up to 2%. ) 







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