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Thursday, March 1, 2018

Expected DA for Banker from May'18 to Jul'18 is 6 to 10 slab only

Now, on 01.03.2018, CPI for the month of Jan'18 announced as 6573.86

  1. On assumptions that CPI would remain at least same as of Jan'18 for the next next two months i.e. for Feb & Mar'18. In this situation the expected (tentatively) increase in DA Slabs would come to 6 slabs.(on this assumption the total tentatively revised DA slabs would be 533 i.e. 53.30%)
  2. On assumptions that there would be anincrease of one point in CPI data in next month only and remain same as of Feb. in Mar'18 In this situation the expected (tentatively) increase in DA Slabs would come to 10 slabs.(on this assumption the total tentatively revised DA slabs would be 537 i.e. 53.70

oct 2017      6551.03
nov 2017     6573.86
dec2017      6528.21

last average of three month was 6551.03

Now  january 2018 CPI  is 6573.86

3> If adverse situation happened  like last quarter  that is if  each in Feb nad march  one point of CPI data decrease then DA will be decreases 4 point.


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