Monday, October 31, 2016

AICPIN decreased for Sep'16 but Bank D.A. set to increase by 23 slabs from Nov'16 to Jan'17

The All-India CPI-IW for September, 2016 decreased by 1 point and stood at 277 
BANK STAFF DA GOES UP FOR  NEXT QUARTER(NOV’16 TO JAN’17) WITH 23 SLABS  
              All India Consumer Price Index Numbers (AICPIN)for Industrial Workers (Base 2100=100)for the month of September’16,stood at  277    points with a decrease  of  1  point,compared to August’16 figure,as per data published to day by Labour Bureau,Ministry of Labour and Employment.
               Thus the confirmed average index number for the quarter is as follows:

                                   Base 2001=100         Base 1960=100
                                  ____________                        ____________

JULY’16.                         280                            6391.25
AUG’16.                           278                           6345.60
SEPT’16                           277                           6322.77
Average Index : 6353
Increase in slabs 23 (478- old 455)
             As such DA payable to Bank Staff for next quarter (Nov-Jan’17)may have 23 slabs increase from existing  45.50% to 47.80%
__________________________________________________-
Provided by Mohan.P

1 comment :

Retired Central Government Pensioner said...

DA/DR due to central government Officials under the existing policy is to ensure Uniformity through out the country.We are less familiar with the same element as far as Bankers because the banking Industry is under the care of Negotiable Instrument Act.Hence mixing both under a single package are likely to increase the !!! Existing Anomalies!!!...With Greetings...

All the information published in this webpage is submitted by users or free to download on the internet. I make no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this page and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. All the other pages you visit through the hyper links may have different privacy policies. If anybody feels that his/her data has been illegally put in this webpage, or if you are the rightful owner of any material and want it removed please email me at "shyamali00@gmail.com" and I will remove it immediately on demand. All the other standard disclaimers also apply.

Blog Archive