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 of sub-staff for the quarter of August 2020 to October 2020 is provided below.
Revised | Old | increase | ||||
Stage | Basic | Spl.All. | Total | 77.50% | 76.10% | 1.40% |
1 | 9560 | 741 | 10301 | 7983.28 | 7839.06 | 144.21 |
2 | 9885 | 761 | 10646 | 8250.65 | 8101.61 | 149.04 |
3 | 10210 | 791 | 11001 | 8525.78 | 8371.76 | 154.01 |
4 | 10535 | 816 | 11351 | 8797.03 | 8638.11 | 158.91 |
5 | 10860 | 842 | 11702 | 9069.05 | 8905.22 | 163.83 |
6 | 11270 | 873 | 12143 | 9410.83 | 9240.82 | 170.00 |
7 | 11680 | 905 | 12585 | 9753.38 | 9577.19 | 176.19 |
8 | 12090 | 937 | 13027 | 10095.93 | 9913.55 | 182.38 |
9 | 12500 | 969 | 13469 | 10438.48 | 10249.91 | 188.57 |
10 | 12910 | 1001 | 13911 | 10781.03 | 10586.27 | 194.75 |
11 | 13400 | 1039 | 14439 | 11190.23 | 10988.08 | 202.15 |
12 | 13890 | 1076 | 14966 | 11598.65 | 11389.13 | 209.52 |
13 | 14380 | 1114 | 15494 | 12007.85 | 11790.93 | 216.92 |
14 | 14870 | 1152 | 16022 | 12417.05 | 12192.74 | 224.31 |
15 | 15440 | 1197 | 16637 | 12893.68 | 12660.76 | 232.92 |
16 | 16010 | 1241 | 17251 | 13369.53 | 13128.01 | 241.51 |
17 | 16580 | 1285 | 17865 | 13845.38 | 13595.27 | 250.11 |
18 | 17235 | 1336 | 18571 | 14392.53 | 14132.53 | 259.99 |
19 | 17890 | 1386 | 19276 | 14938.90 | 14669.04 | 269.86 |
20 | 18545 | 1437 | 19982 | 15486.05 | 15206.30 | 279.75 |
21 | 19200 | 1488 | 20688 | 16033.20 | 15743.57 | 289.63 |
22 | 19855 | 1539 | 21394 | 16580.35 | 16280.83 | 299.52 |
23 | 20510 | 1590 | 22100 | 17127.50 | 16818.10 | 309.40 |
24 | 21165 | 1640 | 22805 | 17673.88 | 17354.61 | 319.27 |
25 | 21820 | 1691 | 23511 | 18221.03 | 17891.87 | 329.15 |
26 | 22475 | 1742 | 24217 | 18768.18 | 18429.14 | 339.04 |
27 | 23130 | 1793 | 24923 | 19315.33 | 18966.40 | 348.92 |
28 | 23785 | 1843 | 25628 | 19861.70 | 19502.91 | 358.79 |
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