Bank D.A. to increase 33 slabs, Pensioners to get 17 slabs more from August 2014
33 SLABS INCREASE IN DA FOR BANK WORKMEN/OFFICERS FOR AUGUST SEPT AND OCT’14 QUARTER
Labour Bureau,Ministry of Labour and Employment,Govt.of India, has released All India Consumer Price Index Numbers for Industrial Workers ,Base 2001=100 for the month of June’14,today which stood at 246 points with an increase of 2 points while compared to May figure.
Thus the confirmed All India average CPI(IW) 1960=100 for the quarter would be 5569.52.As such there will be 33 slabs increase in DA for bank Staff at 102.45 % (as against 97.50% in previous quarter with 4 .95% increase)as per details furnished here under:
|Base Year 2001=100||1960=100|
|Less merged index(9thBPS)||2836|
|Increase (683 -old 650)||33 slabs|
The quantum of increase in DA to Bank Officers,Clerks and Sub Staff for the next quarter –August to October’14 is furnished hereunder;
Kindly note that DA details are given only for information and wait for Official DA circular of IBA which will be released shortly.