Saturday, October 1, 2011

Probable DA for Bank employees from November 2011

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Exact increase may only be calculated on 31st October, when labor bureau will announce the CPI data. So keewatching.
The revised Dearness Calculation for bankers are as follows. Viewers are requested to ignore the earlier prediction about possible increase in this blog. We sincerely apologize the wrong data provided  regarding CPI for the month of July and August 2011. 
Likely D.A. increase : 5.40% [Increase of 36 slabs]


The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of September, 2011.   However, based on the CPI already announced for the month of July, 2011 and August, 2011, we are doing this guess work.   The CPI announced so far  are as follows:-
MonthCPI
July, 20114405
August, 20114428
September, 20114428  (Projected)
There has been sharp increase in CPI in the month of July, 2011, and small increase in August, 2011.  Assuming that there will be no marginal increase in  CPI for August, 2011the revised DA is likely to be around 59.40%, for the months of November, December, 2011 and January, 2012 (i.e. increase of 36 slabs).   [The present DA is  54.00% for the months of August, September and October, 2011].
We sincerely thank our viewers for their response to the earlier calculation.


22 comments:

sujit said...

if you predict anything you should predict it nearest to reality. as per my calculation
the no. da will be 38/39 slabs more.
I think it will be more realistic prediction or neare to actual.

SUJIT

sujit said...

BANK DA increase will be not less than 38 slabs or +1, -2............SUJIT MANDAL

vinay jharia said...

I AGREE WITH SUJIT CALCULATION

RAMANATHAN S said...

da calculation in correct,labour bearu declared cpi iw for july 193,agu 194 and assume for sept 194,based on this da likely increase by 5.4% or 36 slabs

RAMANATHAN S said...

cpi iw released by labour bearu for july 193,agu 194 and assume sept 194,probable da hike 5.4% or 36 slabs

s n roy said...

as you have informed in your column cpi for july'11 was 4357.94 aug'11 it was 4380.52 but data for the same month reported as 4405 and 4428 in"all banking solution com".pl.tell me about the same. we should not predict any thing about the price index.wait till the govt.announces
probably on 17/10.

Siddaraju,mandya said...

bank da will not be less than 38 slabs as predicted by sujit if cpi increased by 1% in sep2011-Siddaraju

s.m.basha said...

As per the trend of price rise during Sept 2011, it appears that the cpi will be 195 points minimum for sept. If so, the DA will be 38 slabs. If cpi touched 196, the likely DA will be 39 slabs.(39.95slabs) Minimum 38 slabs is almost confirmed.

ARNABJIT RAY said...

ARNABJIT RAY of THE NEW INDIA ASSURANCE CO. LTD, KRO predicted that the DA for Bank & Insurance employees for Nov, 2011 is between 36 to 38 slabs. CPI for Sept, 2011 will only be published by the Govt. on 19/10/2011

s.m.basha said...

CPI for industrial workers for the month of Sept will be published on 31.10.2011 and not on 19.10.2011.

ARNABJIT RAY said...

ARNABJIT RAY OF NEW INDIA ASSURANCE CO. LTD, KRO HAS CONFIRMED THAT THE CPI FOR INDUSTRIAL WORKERS FOR SEPT, 2011 WILL BE PUBLISHED BY THE LABOUR BUREAU ON 31/10/2011

ARNABJIT RAY said...

ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO.LTD, KRO HAS COMMENTED THAT THE CPI FOR INDUSTRIAL WORKERS FOR SEPT, 2011 MAY RANGE BETWEEN 195 TO 196 POINTS RESULTING IN INCREASE OF 38 TO 39 DA SLABS FOR NOV, 2011. THIS ID DUE TO THE STEEP PRICE RISE IN SEPT, 2011.

ARNABJIT RAY said...

DA HEADING TOWARDS 40 SLABS FOR NOV,11 FOR BANK & INSURANCE EMPLOYEES: COMMENTED BY ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO.LTD, KRO. HAPPY " DA " DIWALI TO ALL.

jogesh chandra panda said...

DA for BAnk employees will be more than 6% from nov-2011 as cpi for sept2011 will be more than 4440

s.m.basha said...

CPI must be in multiples of 22.8259 or 23 points. Accordingly, after 4428, the next one will be 4451 or 4474 and the likely DA shall be 38 or 39 slabs only.

ARNABJIT RAY said...

ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO. LTD HAS LASTLY OPINED THAT THERE WILL BE AN INCREASE OF 38/39 DA SLABS FOR NOV,2011 WHEN THE LABOUR BUREAU ANNOUNCES THE CPI FOR SEPT,TOMORROW, i.e. 31st OCT,2011

s.m.basha said...

DA 41 SLABS INCREASED FROM NOV 2011 ONWARDS, AS AGAINST THE EXPECTATIONS OF 38/39 SLABS

rkumar said...

September CPI declared - 197. Expected DA - 60.28%

rkumar said...

CPI for September released - 197.
DA should go up by 6.28%

ARNABJIT RAY said...

ARNABJIT RAY OF THE NEW INDIA ASSURANCE CO. LTD, KRO HAS CONFIRMED THAT INCREASE IN DA FOR NOV, 2011 IS 41 SLABS FOR BANK & INSURANCE EMPLOYEES. SPLENDID HIKE!

sujit said...

41 slabs da increase wef nov 11 confirmed....... sujit

jogesh chandra panda said...

my prediction dt-22-10-2011 that DA from nov-2011 will be more than 6% has come true

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