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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*********

Tuesday, May 31, 2022

Expected DA for Banker's from August 2022 is minimum 53 slab and maximum 62 slab

Expected DA Calculation Updated on 31.05.22 on the basis of CPI for the months of Apr'22 with assumptions of CPI for the months of May and June 2022. The CPI for the month of Apr'22 announced on 31.05.22 as 127.70 i.e. with an increase of 1.70 points (as per revised base year 2016) (The base year was changed from Oct 2020) as under:-

  1. On assumptions if there is an increase of 1.50 of CPI in the month of May'22 and 1.20 in Jun'22, keeping in view on going regular rise in prices of commonly required daily needs items / commodities which is making month over month difficult to manage family budget in the present covid crises. Accordingly, on above conservative assumption, we may expect there would be an increase of 62 slabs and the total tentatively revised DA slabs would be 534 i.e. 37.38% from May'22 in terms of 11th BPS.
  2. On assumptions if there is an increase of 1.20 of CPI in the next both month May'22 and 1.00 in Jun'22. On the basis of this assumption, we may expect there would be an increase of 57 slabs and the total tentatively revised DA slabs would be 529 i.e. 37.03% from May'22 in terms of 11th BPS.
  3. On assumptions if there is an increase of 0.90 of CPI in the next both month May'22 and 0.75 in Jun'22. On the basis of this assumption, we may expect there would be an increase of 53 slabs and the total tentatively revised DA slabs would be 525 i.e. 36.75% from May'22 in terms of 11th BPS

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