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 |
| APR 242 | 5523.87 |
| MAY 244 | 5569.52 |
| JUNE 246 | 5615.17 |
| Average index | 5569.52 |
| Less merged index(9thBPS) | 2836 |
| Slabs | 683 |
| Increase (683 -old 650) | 33 slabs |
| DA. @0.15% | 102.45% |
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.
Source: www.paycommissionupdate.blogspot.in