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Friday, September 29, 2017

Expected DA for Bank Employees from November 2017 may be 40 slab i.e 4%

Consumer Price Index (CPI) for the month of August 2017 has also been published by Labour Bureau, which is 285 i.e., at the same level as that for the month of July 2017. And if CPI for the next months i.e., September 2017 remains same at the same level (285) as that for the month of July 2017 and August 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%). Dearness Allowance for bankers had declined consecutively for previous two quarter before the same increased by 2.20% during the quarter Aug-Oct 17.

  1. On assumptions that CPI would remain at least same as of Aug17 for the next month i.e.   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  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.  Due to petrol and other fuel price increases  and other pulse and food grian price also inreasing order  DA may be increases  more than 45 slab
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.


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