BANK DA GOES UP WITH 22 SLABS FOR AUG TO OCT 17

Labour Bureau, Ministry of Labour and Employment, Govt of India has released the All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of June 2017 to day which stood at 280 points with an increase of 2 points while compared to May 2017 figure.

Thus, the confirmed All India average CPIN(IW) for the  last quarter are as follows:
                

           Base 2001=100                   1960=100
April’17                 277                              6322.77                         

May’17                  278                              6345.60 
June                       280                             6391.25 
Average  :6353     SLABS 478. Increase 22Slabs (old 456)
                                                                                           

As such,   Bank workmen / Officers  may have 22 slabs increase in DA payable for next quarter – August’17 to Oct’17. i.e:  47.80% from 45.60% of last quarter.