Labour Bureau announces CPI (IW) index numbers for July, August, and September 2024.
July 2024=142.70 August 2024 =142.60 September 2024=143.30 Average index numbers for the above quarter is =142.86
Therefore DA payable to Officers, Clerical Staff, and Sub-staff of banks for the quarter November 2024 to January 2025 is 19.83% (the average index no. minus 123.03).
In the last quarter, DA paid @17.20 %, hence, the increase in DA for the ensuing quarter is 2.63 %
DA Chart:
Bank Officers DA for the Quarter of November 2024 to January 2025
Bank Clerical Staff DA for the quarter of November 2024 to January 2025
Bank Sub-staff DA chart for the quarter of for the Quarter of November 2024 to January 2025
