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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*********

Monday, May 31, 2021

Expected DA increase for Banker From August 2021 is Minimum 27 slab and Maximum 35 slab

Expected DA Calculation Updated on 31.05.2021 on the basis of CPI for the month of Apr'21 that announced on 31.05.21 (there is an increase of just 0.50 points as per revised base year 2016 (base year changed from Oct 2020) and assumptions of CPI for next two months i.e. May & June 2021 as under (the increase of CPI points are much higher to be expected in coming months in view of recent increase in prices of generally each and every daily needs items, however on a conservative approach we assume as below on seeing the CPI for the month of April 2021

  1. On assumptions if there is an increase of One point of CPI in next both months (May'21 & June'21). Keeping in view on going increase in fuel price and prices of other commonly required items which has made more and more difficult to manage family budget in the present covid crises, on these assumptions the expected (tentatively) an increase of DA Slabs would be 35 slabs and the total tentatively revised DA slabs would be 880 slabs i.e. 84.70% on existing pay and in terms of 11BPS total tentatively revised DA slabs would be 402 i.e. 28.14%.
  2. On assumptions if there is an increase of 0.80 points in CPI of the next both months in this situation the expected (tentatively) an increase of DA Slabs would be 32 slabs and the total tentatively revised DA slabs would be 877 slabs i.e. 87.10% on existing pay and in terms of 11 BPS total tentatively revised DA slabs would be 399 i.e. 27.93%.
  3. On assumptions if there is an increase of 0.50 points in CPI of the next both months in this situation the expected (tentatively) an increase of DA Slabs would be 27 slabs and the total tentatively revised DA slabs would be 872 slabs i.e. 87.20% on existing pay and in terms of 11 BPS total tentatively revised DA slabs would be 394 i.e. 27.58%.

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