Friday, June 29, 2012

Probable Bank D.A. from August'12 : Update

Update : As per the latest information available with us, the hike may be 40 to 42 slabs
Expected D.A. for bank employees for August 2012
36 slabs increase ?
As all are aware,DA for Bank Employees are calculated based on average Consumer Price Index Numbers (Base 1960=100) for the months of April, May and June 2012.
 CPI(IW) for the month of April has been released already  which was  at  205  and  CPI figure for June will be released only on  last day of July.

Calculation.
(Base 2001=100)        (Base 1960=100)
April      205                   4679.31             
May      206                    4702.14             
June     206                    4702.14  ( Not confirmed)

Average    CPI      :4694.53
Less Merged point 2836
= 1858.53
Slab 464
Increase of 36 slabs (from 428 )
@ 69.60%


Based on the current trend and  assuming  that  the index figure of June may be at same level of May ie. at 206 points it can be expected that there will be  an increase of 36 slabs from present 428  slabs in August '12 to take the DA figure to 69.60% % from existing 64.20%
Considering the past few months movement of CPI figures,due to price rise etc.,further increase   also cannot be ruled out.
This is only assumption
For exact DA figure we need to wait up to 31st July.
(Thanks to Mr Mohan P. for the above calculation.)

5 comments :

COL LAMBA said...

DA W.E.F 1/07/2012 WILL BE 7%
Month All India Index % of increase
Nov-08 148 21.44
Dec-08 147 22.38
Jan-09 148 23.39
Feb-09 148 24.32
Mar-09 148 25.12
Apr-09 150 25.98
May-09 151 26.84
Jun-09 153 27.78
July-09 160 29
Aug-09 162 30.23
Sep-09 163 31.45
Oct-09 165 32.67
Nov-09 168 34.11
Dec-09 169 35.7
Jan-10 172 37.43
Feb-10 170 39.01
Mar-10 170 40.59
Apr-10 170 42.03
May-10 172 43.54
Jun-10 174 45.06
July-10 178 46.35
Aug-10 178 47.50
Sep-10 179 48.66
Oct-10 181 49.81
Nov-10 182 50.81
Dec-10 185 51.97
Jan-11 188 53.12
Feb-11 185 54.20
Mar-11 185 55.28
Apr-11 186 56.43
May-11 187 57.51
Jun-11 189 58.59
Jul-11 193 59.67
Aug-11 194 60.82
Sep-11 197 62.12
Oct-11 198 63.34
Nov-11 199 64.56
Dec-11 197 65.43
Jan-12 198 66.15
Feb-12 199 67.16
Mar-12 201 68.31
Apr-12 205 69.68
May-12 206 71.04

ABHIJIT MAJUMDER said...

Expected DA increase wef Aug 2012 is 42 slabs i.e. 6.3%.

MOHD IKHLAQ said...

D.A.FOR BANKEMPLOYEE FROM AUGUST 2012 STAND AS 72%.

MOHD IKHLAQ said...

D.A.FOR BANKEMPLOYEE FROM AUGUST 2012 STAND AS 72%.

Anonymous said...

DA will be around 8% from August 2012.

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