BANK EMPLOYEE EXPECTED DA FROM NOVEMBER 2023

Expected DA Calculation Updated on 29.09.23 on the basis of CPI for the month of Jul'23 & Aug'23 with the assumptions of CPI for the months of Sep'23 as mentioned hereunder. The CPI for the month of Aug'23 announced today as 139.20, surprisingly decreased from 139.7 points in July, 2023 (as per revised base year 2016) (The base year was changed from Oct 2020)

1. On assumptions if there is an increase of 0.80 in the month of Sep'23, 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; on this assumption, we may expect there would be an increase of 75 slabs and the total tentatively revised DA slabs would be 707 from Nov'23 in terms of 11th BPS.
2. On assumptions if there is an increase of 0.50 in the month of Sep'23, we may expect there would be an increase of 73 slabs and the total tentatively revised DA slabs would be 705 from Nov'23 in terms of 11th BPS.
3. On assumptions if there is an increase of 0.30 in the month of Sep'23, we may expect there would be an increase of 72 slabs and the total tentatively revised DA slabs would be 704 from Nov'23 in terms of 11th BPS
4. if there is decrease of same of current month i.e 0.50 then DA will increase only 67 point 699