Expected DA for Banker's from May 2024

Expected DA Calculation Updated on 29.02.24 on the basis of CPI for the month of Jan'24 with the assumptions of CPI for the next two months as mentioned hereunder. The CPI for the month of Jan'24 announced today as 138.90 (there is an increase of just 0.10 points from Dec'23)(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 0.40 in the next two 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 8 slabs and the total tentatively revised DA slabs would be 701 from May'24 in terms of 11th BPS.
2. On assumptions if there is is an average of increase of 0.30 in the next two months, we may expect there would be an increase of 7 slabs and the total tentatively revised DA slabs would be 700 from May'24 in terms of 11th BPS.
3. On assumptions if there is is an average of increase of 0.15 in the next two months, we may expect there would be an increase of 4 slabs and the total tentatively revised DA slabs would be 697 from May'24 in terms of 11th BPS.