Actual DA for Bankers from February 2014 to April 2014 is kept@99.90% with increase of 3.75% or 25 slabs.
Banker’s expected Dearness Allowance (DA) from February 2014 to April 2014 will be calculated approximately 25 SLABS increment from October 2013. Ministry of Labor and Employment has released the All India Consumer price Index Number (IW) Base 2001 =100 for the month of November 13.
It is kept at 243 points compare to 241 points in October 2013.
Expected Bank DA : Based on the figure it is believed that the DA for the month of FEB 2014 would be :
Month CPI
OCT 13 5501.04
NOV 13 5546.69
Dec 13 5455
Based on the above figure the Expected DA for Bank employees would be increased by 34 slabs to 99.90% from present level (96.15%).
