DA INCREASE FROM MAY 2020 is 2 SLAB i.e 0.20% FOR BANK EMPLOYEE
On 30.04.2020, Consumer Price Index (CPI) data for the month of Mar'20 announced and there is decrease of two points in CPI Index declared for this month. On the basis of CPI data announced by the Govt for the months Jan'20 to Mar'20 (as tabled below) the percentage of increase in DA is 0.20% (2 slabs) and total revised DA slabs is 761 and total percentage of DA payable is 76.10% for the period May 20 to Jul 20
Jan 2020 | 7532.55 |
Feb 2020 | 7486.89 |
Mar 2020 | 7441.24 |
Average CPI |
For the Quarter Jan - Mar 2020 as above = 7486.89 |
For the Last Quarter Oct - Dec 2019 as above = 7479.29 |
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