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Saturday, December 30, 2023

Expected DA for banker from Feb 2024

Expected DA Calculation Updated on 29.12.23 on the basis of CPI for the month of Nov'23 with the assumptions of CPI for the next month as mentioned hereunder. The CPI for the month of Oct'23 announced today as 139.10 (as per revised base year 2016) (The base year was changed from Oct 2020)

  1. On assumptions if there is an average of increase of 0.90 in the next months, 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. Accordingly, on this assumption, we may expect there would be an increase of 6 slabs and the total tentatively revised DA slabs would be 699 from Feb'24 in terms of 11th BPS.
  2. On assumptions if there is is an average of increase of 0.60 in the next month, we may expect there would be an increase of 5 slabs and the total tentatively revised DA slabs would be 698 from Feb'24 in terms of 11th BPS.
  3. On assumptions if there is is an average of increase of 0.50 in the next month, we may expect there would be an increase of 4 slabs and the total tentatively revised DA slabs would be 697 from Feb'24 in terms of 11th BPS.

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