Expected DA for banker from May 2023

Expected DA Calculation Updated on 31.03.23 on the basis of CPI for the months of Jan'23, Feb'23 & assumptions of CPI for the month of Mar'23 as mentioned hereunder. The CPI for the month of Feb'23 announced today i.e. on 31.03.23 as 132.70; declined by 0.10 from the last month (as per revised base year 2016) (The base year was changed from Oct 2020)

1. On assumptions if there is an increase of 0.50 points CPI in the month of Mar'23. it is assumed 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; whereas it is quite surprisingly that in the month Feb'23 CPI index is down by 0.10 point from the last month. Accordingly, on the this assumption, we may expect there would be an increase of 8 slabs and the total tentatively revised DA slabs would be 596 from May'23 in terms of 11th BPS.
2. On assumptions if there is an increase of 0.30 points CPI in the month of Mar'23. On the basis of this assumption, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 595 from May'23 in terms of 11th BPS.
3. On assumptions if there is an increase of 0.20 points CPI in the month of Mar'23. On the basis of this assumption, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 594 from May'23 in terms of 11th BPS.