Bank Employees to Get 34 Slabs Increase in DA for the Next Quarter

Bank Employees to Get 34 Slabs Increase in DA for the Next Quarter

Bank Employees to Get 34 Slabs Increase in DA for the Next Quarter – Accordingly Bank workmen/Officers will have 34 slabs increase in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40% increase from Existing 36.40%)

With the two point increase of All India Consumer Price Index Numbers (AICPIN) for the month of SEPTEMBER ’15, which stood at 266 points , Bank employees will get hefty increase of 34 slabs of D.A. for Nov’15 to Jan’16 quarter.

Accordingly Bank workmen/Officers will have 34 slabs increase in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40% increase from Existing 36.40%)

“DA for Nov 2015 increase of 3.4% means increase of 34 Slabs. Now Total DA will be 39.80 %” the Vice President of NOBW Mr.Ashwani Rana said.

Index numbers are yet to be updated in official website of labour ministry.

we have three months data

• July 2015 263 (6003.21)
• August 2015 264 (6026.04)
• September 266 (6071.69)

As of now based on the above data 30 slabs or 3.00% is sure.

Source: NOBW

Statement of Srikant Kumar Jena on Consumer Price Index

Statement of Srikant Kumar Jena on Consumer Price Index 

Press Information Bureau 

Government of India

Ministry of Statistics & Programme Implementation 

14-October-2013 17:31 IST

Statement of Srikant Kumar Jena on Consumer Price Index 

Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics and Programme Implementation announced the release of the monthly provisional Consumer Price Index (CPI) on Base 2010=100 along with annual inflation rates for September 2013, compiled by the Central Statistics Office. Final CPI numbers for the month of August 2013 have also been released. 

All India General (all groups) CPI numbers of September 2013 for rural, urban and combined are 137.8, 134.0 and 136.2 respectively.

Provisional annual inflation rate based on all India general CPI (Combined) for September 2013 on point to point basis (September 2013 over September 2012) is 9.84%. The corresponding inflation rates (provisional) for rural and urban areas are 9.71% and 9.93% respectively. Inflation rates (final) for rural, urban and combined for August 2013 are 8.93%, 10.32% and 9.52% respectively.

Provisional annual inflation rates of September 2013 for rural, urban and combined in respect of ‘food and beverages’ are 11.48%, 11.36% and 11.44% respectively.

Source: PIB News