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Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab

 

The CPI data for the month of April’19 is just declared and it  is increase of 3 points 309 to 312 point  . Assumptions of CPI for next two months provided expected DA paybale from Aug’19 as under:-

  1. On assumptions that CPI would remain at least same as of April’19 for two next month i.e for May’19 & June’19. In this situation the expected (tentatively) increase in DA Slabs would come to 24 slabs and the total tentatively revised DA slabs would be 669 i.e. 69%.
  2. On assumptions that there would be an increase of one point in CPI data in next both months. In this situation the expected (tentatively) increase in DA Slabs would come to 29 slabs and the total tentatively revised DA slabs would be 674 i.e. 67.40%.
  3. Keeping in view the election events in the country and rise in price of general items of use of common man, we may assume that there will be an increase of minimum of two points in CPI data for the month of May’19 and one point in June’19. In this situation the expected (tentatively) increase in DA Slabs would come to 27 slabs and the total tentatively revised DA slabs would be 672 i.e. 67.20%.

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2 thoughts on “Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab

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