On the basis of CPI data announced by the Labour Bureau for the period of April 2020 to June 2020, the average index number works out to 7540 (base 1960=100) or 775-slabs(77.50 %) for the above period. It means bank employees and officers have entitled dearness allowance to an increase of 14slabs (1.40%) for the ensuing quarter of August 2020 to October 2020. Dearness allowance (DA) chart for a special allowance from August 2020 to October 2020 is provided below.
New | old DA | increase | ||||
Designation | Fixed Pay | Fixed All. | Total | 77.50% | 76.10% | 1.40% |
Bill collector | 390 | 31 | 421 | 326.28 | 320.38 | 5.89 |
Armed Gurd. | 390 | 31 | 421 | 326.28 | 320.38 | 5.89 |
Daftry | 560 | 43 | 603 | 467.33 | 458.88 | 8.44 |
Head Peon | 740 | 57 | 797 | 617.68 | 606.52 | 11.16 |
Electrician | 2040 | 158 | 2198 | 1703.45 | 1672.68 | 30.77 |
AC technician | 2040 | 158 | 2198 | 1703.45 | 1672.68 | 30.77 |
Driver | 2370 | 184 | 2554 | 1979.35 | 1943.59 | 35.76 |
SWO | 820 | 64 | 884 | 685.10 | 672.72 | 12.38 |
Head Cashier | 1280 | 99 | 1379 | 1068.73 | 1049.42 | 19.31 |
spl.Asstt. | 1930 | 150 | 2080 | 1612.00 | 1582.88 | 29.12 |
Graduation/PQP | 0 | 0.00 | 0.00 | 0.00 | ||
After 1 year | 410 | 32 | 442 | 342.55 | 336.36 | 6.19 |
After 2 years | 800 | 62 | 862 | 668.05 | 655.98 | 12.07 |
After 3 years | 1210 | 94 | 1304 | 1010.60 | 992.34 | 18.26 |
After 4 years | 1620 | 125 | 1745 | 1352.38 | 1327.95 | 24.43 |
After 5 years | 2010 | 156 | 2166 | 1678.65 | 1648.33 | 30.32 |
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