BANK DA GOES UP WITH 22 SLABS FOR AUG TO OCT 17

Update : IBA issued Circular
Click here for D.A. for Officers and staff
Click here for D.R. for Pensioners
Click here for D.A. for pre 1.1.86 retirees
Labour Bureau,Ministry of Labour and Employment,Govt of India,has released , the All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of June’17,to day which stood at 280 points with an increase of 2 points while compared to May’17 figure.
                   Thus, the confirmed All India average CPIN(IW) for the  last quarter are as follows:
                 Base 2001=100                    1960=100
April’17        277                                        6322.77                                                           
May’17        278                                         6345.60  
June           280                                         6391.25  
Average  :6353     SLABS 478. Increase 22Slabs (old 456)
                                                                                           

                   As such,   Bank workmen / Officers  may have 22 slabs increase in DA payable for next quarter – August’17 to Oct’17.
ie:  47.80% from 45.60% of last quarter.

​Provided by Mohan.P