Dearness Allowance for bank staff 30 slabs more from August 2021
AICPIN-IW for June 2021 has been released by Labour Labour Bureau on 30.07.2021. On the basis of CPI data announced by the Labour Bureau for the period of April 2021 to June 2021, the average index number works out to 7940 (base 1960=100) or 397slabs (_27.79 %) for the above period. Accordingly, the rates of dearness allowance payable to the Bank officers are 30 slabs 2.10 %) more for the ensuing quarter of August 2021 to October 2021.
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