CPI(IW) for the month of March has been released by Labour Ministry today which stands at 201 points.Index figures for the months of January and February have already been released and details are furnished here under:-
Month Index Figure Index Figure
Base year -2001 Base year 1960
JAN 198 4519.52
FEB 199 4542.35
MAR 201 4578.09
Accordingly there will be an increase of 8 slabs in DA payable to Bank Employees for the months of May,June and July 2012 .which will come to 64.20 %
(Provided by Mr. Mohan P.)
To view scalewise increase, click to allbankingsolution
(KIndly wait for the IBA's circular in this regard)
To view scalewise increase, click to allbankingsolution
(KIndly wait for the IBA's circular in this regard)
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