View Update as on 31.01.2012
The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the December, 2011. However, based on the CPI already announced for the month of October, 2011 and November, 2011, we are doing this guess work. The CPI announced so far are as follows:-
|December, 2011||4565 (Projected)|
There has been moderate increase in CPI in the month of October 2011, and November, 2011. Assuming that there will be again only similar moderate increase in CPI for December, 2011 the revised DA is likely to be around 63.90%, for the months of February to April, 2012 (i.e. increase of 25 slabs). [The present DA is 60.15% for the months of November, December, 2011 and January, 2012].
Source : Allbankingsolution.