Likely Bank D.A. from February 2014
34 SLABS INCREASE IN BANK STAFF DA EXPECTED W.E.F =FEB’14
The All India Consumer price Index Number (IW) Base 2001 =100 for the month of November 13, is released by labour bureau, ministry of labour and employment, GOI today which stood at 243 points with 2 point increase compared to Oct 13 figure.
Based on confirmed figures of past two months and anticipating 1 point increase in Dec 13 figure the average index for the quarter may be as follows:
| Base 2001=100 | Base 1960=100 | ||
| Oct (Confirmed) | 241 | 5501.04 | |
| Nov (Do) | 243 | 5546.69 | |
| Dec (projected) | 244 | 5569.52 | |
| Total | | | |
| Average Index | | 5539 | |
| Already Merged –IXth BPS | | 2836 | |
| Balance | | 2703 | |
| No of slabs | | 675 | |
| Increase of Slabs(from641 to 675) | | 34 slabs | |
| Rate of DA % (from 88.95%) | | 101.25% | |
The exact increase in DA w.e.f. Feb’14, can be arrived only on release of CPI figures for December’13, by the Ministry.However considering the present inflationary trend an increase of minimum 32 slabs is certain based on present CPI figure which may be expected to go upto 34 slabs in coming months if not above.The existing percentage may go to 101.25 % from present level(96.15%).
Please note that the expected increase shown in DA is only an assumption and exact Figure can be arrived by the end of January 2014.
Calculation provided by Mr Mohan P.
No comments:
Post a Comment