Wednesday, August 1, 2018

Bank Staff will get 12 slabs increase in DA for next quarter

All India Consumer Price Index Numbers for Industrial Workers,(AICPIN(IW) ,Base year 2001=100 for the month of June’18,has been released by Ministry of Labour and Employment.Govt of India, today which stood at 291 points with an increase of 2 points while compared to figure of May’18.
                    Accordingly  the confirmed All India Average consumer Price Index Numbers for Industrial Workers(Base 1960=100) for the past quarter is as furnished hereunder:-

Months                Base 2000=100       Base 1960=100
___________     _____________       _______________
April’18.                           288                                 6573.86
May’18                             289                                 6596.69
June’18                            291                                  6642.34

  The Average Index comes to 6604 . 
As such there will be an increase of 12 slabs in DA payable to Bank Staff(541 slabs from 529 of last quarter) for next quarter from 1st August to 31st October,18,taking the percentage to 54.10% from existing 52.90%

Provided  by : Mohan.P

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