| Month | Year | Base Year
| Total | Average | App. DA | DA |
| May | 2008 | 139 | 1613 | – | – | – |
| June | 2008 | 140 | 1623 | 135.25 | 16.84 | 16 |
| July | 2008 | 143 | 1634 | – | – | – |
| August | 2008 | 143 | 1634 | – | – | – |
| Sep | 2008 | 146 | 1659 | – | – | – |
| Oct | 2008 | 148 | 1673 | – | – | – |
| Nov | 2008 | 148 | 1687 | – | – | – |
| Dec | 2008 | 147 | 1700 | 141.67 | 22.38 | 22 |
| Jan | 2009 | 148 | 1714 | – | – | – |
| Feb | 2009 | 149 | 1728 | – | – | – |
| Mar | 2009 | 148 | 1739 | – | – | – |
| Apr | 2009 | 150 | 1751 | – | – | – |
| May | 2009 | 151 | 1763 | – | – | – |
| June | 2009 | 153 | 1776 | 148 | 27.85 | 27 |
| July | 2009 | 160 | 1793 | – | – | – |
| August | 2009 | 162 | 1812 | – | – | – |
| Sep | 2009 | 163 | 1829 | – | – | – |
| Oct | 2009 | 165 | 1846 | – | – | – |
| Nov | 2009 | 165 [Not available now, Assumption] | 1863 | – | – | – |
| Dec | 2009 | 165 [Not available now, Assumption] | 1881 | 153.75 | 35.40 | 35 [Calculated] |
Source : Labour Bureau [Upto the month of Oct'09]
Bank Pay hike report in 90 days.
The core committee constituted by the Indian Banks Association (IBA) to calculate the modalities involved in the proposed nationwide pay revision is likely to give its report within 90 days.
Banks and staff unions had settled on a 17.5 per cent salary hike, to benefit about 702,000 public sector employees, besides agreeing to make 332,000 serving and retired employees eligible for pension.
In an interaction with Business Standard, Union Bank of India’s chairman & managing director, M V Nair, also the chairman of IBA, said he expected the report in three months.
Source : Business Standard.
4 comments :
I keep interest in DA calculation and prediction. In central DA calculation system and methodology DEC/JAN index reflects as an average index for the period of July to June and similarly JUNE/JULY index reflects as an average index for the period of JANUARY to December.Sometimes ofcource it differs. However in my calculation JULY-2010 central DA will be paid on average index of 165/166 that results another dose of 9% DA to be declared in Sep-2010.So GOI employees will get 8+9=17% DA in 2010,and lion share of this index has already been drawn as IDA & Bank DA in the month of OCT-09 and NOV-09 respectively, by the concerned employees of the respective sectors.
what is the conversion factor to get CPI(IW) 1960 series from current data
Dear Sudhakarji,
We are getting 1960 or 1982 from 2001 series w.e.f 01/01/2006. 2001 series x 4.63 to convert into 1982 series, then x4.93 to covert into 1960 series. Oct-2009 index 165x4.63x4.93= 1960 index for this month.This one can easily find at www.labourbureau.gov.in
BANK DA FOR FEB-2010:
Labour Bureau Government of India declared a six point rise in Agriculture Labourer's price index for the month of Dec-2009. Basing on this Two point rise is expected on CPI for Industrial Workers,to be declared on 29th Jan-2010 for the month of Dec 2009.So the average for the quarter of Oct-Dec 2009 will be 167.66 and will result 34 slab or 6%+ increase on Bank DA for Feb.In worst case also,it can't go below the 32 slabs.
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