Expected D.A. for bank employees in August 2011 - ALLCGNEWS

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13 July 2011

Expected D.A. for bank employees in August 2011

Only nominal increase of 4 slabs ?


    DA for Bank Employees are calculated based on average Consumer Price Index Numbers (Base 1960=100) for the months of April, May and June 2011.


   CPI(IW) for the months of April and May have already been released by Labour Bureau,Govt of India.Confirmed CPI(IW) figure is 186 and 187 for April and May respectively.Exact increase of DA cannot be worked out based only on past two months figures.   Click here Read more

Source - paycommissionupdate.

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