Friday, October 31, 2014

Bank D.A. for Nov'14 onward : Hike of 49 slabs.

Consequent upon the release of All India Consumer Price Index Numbers for Industrial workers(AICPIN)  Base Year 2001=100 for the month of September’14. by the Ministry of Labour and Employment to day,which stood at 253 points without any change   while compared to August figure,the  confirmed average AICPIN(IW) Base 1960=100  for the quarter will be as follows:
MonthsCPI BaseBase
2001=1001960=100
_____________________________________________
July'14.2525752.13
Aug2535774.95
Sept2535774.95
Total17302.03
Average5767.34
Less merged points(9th BPS)2836
2931.34
Slabs732.84732
Old slab683
Increase 49 
New DA %109.80%
                                     
Submitted by Mohan.P

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