Expected DA for Bank Employees from November 2017 is 40 to 44 slab

Consumer Price Index (CPI) for the month of July 2017 has been published by Labour Bureau, which is 285 and if CPI for the next two months i.e., August 2017 and September 2017 remains same at the same level (285) as that for the month of July 2017, DA slabs for the next quarter, November 2017 to January 2018 will be 516 i.e., 51.60 %. That means, bankers’ DA from November 2017 is expected to increase by 3.80%  from the present quarter (which is 47.80%). 

1. On assumptions that CPI would remain at least same as of Jul'17 for the next month i.e. Aug & Sep'17. In this situation the expected (tentatively) increase in DA Slabs would come to 38 slabs.(on this assumption the total tentatively revised DA slabs would be 516 i.e. 51.60%)
2. On assumptions that there would be increase of one point in CPI data for the month of month Aug & Sep'17. In this situation the expected (tentatively) increase in DA Slabs would come to 44 slabs.(on this assumption the total tentatively revised DA slabs would be 522 i.e. 52.20%)
3. Keeping in view of the movement of CPI data as realeased during the last three months i.e. on average increase of two points in CPI in remaining next two months, In this situation the expected (tentatively) increase in DA Slabs would come to 50 slabs.(on this assumption the total tentatively revised DA slabs would be 528 i.e. 52.80%)

As per our experience and present market trend Consumer price index for the month of  August and September obviously will  increase  because   petrol  gold    potato  mineral ore  jute  and few other items price  in increasing order. Flood is also one of the reason for increasing commodity price.

So from November 2017 to January 2018  Da may  increase 40 to 44 slab for banker 

Dearness Allowance for bankers had declined consecutively for previous two quarter before the same increased by 2.20% during the quarter Aug-Oct 17.