BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Sunday, January 1, 2017

DA decrease for Bank employees from February 7 to 9 slab - modiji ka acche din

DA increase for Bank employees from February 2017 Updated on 30.12.2016

DA  increase for Bank employees from February 2017 Updated on 30.12.2016
Today  i.e on 30.12.2016, Ministry of Labour, has announced the CPI (IW) for the month of November 2016.  So in effective we have two months data to project the DA for the months of February, March and April 2017 for all Bank Employees.
CPI(IW) for November 2016 has decreased by 1  point and stood at 277.
Now the consumer price index trend for the past six months is as follows
MonthCPI(IW)
June277
July280
August278
September277
October278
November277
December?
We have analyzed the past data, based on our observations we expect further decrease in the index.  This will effectively decrease the DA for Bank Employees.

Now as per our projections the index will come down and the following are the different scenarios that will emerge
  Decrease in  DA Slabs
Index increases by 1 point    (278)3 Slabs
Index remains same                (277)5 Slabs
Index decreases by 1 point   (276)7 Slabs
Index decreases  by 1 point  (275)9 Slabs
Index decreases by 1 point   (274)11 Slabs

We project a decrease of 7 to 9 slabs  from February 2017 for bankers.
So at least wait for 30th January 2017  to know the actual  increase  from February 2017.

No comments:

33.9 million Jobs: Good News! India plans to add 33.9 million jobs by 2028

33.9 million Jobs : India’s workforce is anticipated to expand from 423.73 million in 2023 to 457.62 million by 2028, adding a net gain of a...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">