As per Labour Bureau,Ministry of Labour and Employment.G.O.I, release of date,the All India Consumer Price Index Number ( Base Year 2001=100) for Industrial workers for the month of December’15 stood at 269 points with a decrease of 1 point while compared to Nov’15 figure.
As such the confirmed average All India Consumer Price Index Numbers (IW) 1960=100 for the quarter ended on Dec’15,is furnished here under:
Base Year 2001=100 Base Year 1960=100
Oct’15. 269 6140.17
Nov’15. 270
DEC ’15. 269
Average Index No.
Less merged index under Xth BPS 4440
Remaining points 1707
Slabs
Rate of DA (0.10%)
Increase in slabs(Old 426-398) 28
Accordingly there will be 28 slabs increase in DA payable to Bank Workmen /Officers in next quarter Feb,March and April ’16 from existing 39.80% to 42.60%.( Increase 2.80%)
.Kindly note that this is just for information and wait for IBA Circular which may be issued shortly.
Source : Mr Mohan P. and Mr Debashis Das
2 comments :
DA Due to the Banking Industry has nothing to do with !!! Pay Commission!!! Negotiable Instrument Act is totally a different subject from central pay commission.Merging such issues is not clear...
Sir ,u said wait for iba circular issued may be shortly.... Y WE SHUD WAIT FOR IBA CIRCULAR? IBA IS NOT A BODY CORPORATE..Bankers negotiating wage matters with iba is not correct...iba is not a regisrd association...y we shud wait for iba circular
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