Possible DA From November 2013

DEARNESS ALLOWANCE - INFORMATION - BANKERS
Position as at: 1st October, 2013

Consumer Price Index Announced by Government for
July, 2013 - 235 (2001 =100) 5364.08 (1960=100)
Consumer Price Index Announced by Government for
Aug, 2013 - 237 (2001 =100) 5409.73 (1960=100)
Average CPI: 5386.91 (can be taken as 5384)

Now the Total Slabs over CPI 2836 points is 637
giving a provisional increase of 44 slabs.

Provisional DA increase – 6.6 %.

Provisional DA will be 95.55% as per present level data
from November,2013 for employees &
from February 2014 for pensioners which is subject
to revision as per declaration of CPI periodically
to be made. 

This is only an interesting information
being shared with colleagues and this is not a
regular variation in DA percentage.
tahir ali
N.C.B.E.

MASSIVE INCREASE OF 50 SLABS  IN DA LIKELY -   FROM November  2013 to January,  2014

Contributed By Mr. Rajesh Goyal (allbankingsolutions.com)

We have been writing that  now a days it is extremely difficult to predict such things asinflation figures widely fluctuate and are released by government.  However, on the request of our readers and based on the trends so far released, we give below our PROJECTIONS  for the DA.  However, we would like to CAUTION our readers that inflation, especially food inflation, has been fluctuating widely, and thus at this stage it is very difficult to predict the inflation rate.

The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of September  2013.   However, based on the CPI already announced for the month of July 2013 and August, 2013, we are doing this guess work.   The CPI announced and projected so far  are as follows:-

Month	CPI
July, 2013	5364
August 2013	5409
September  2013	5455 (Projected)

There has been high  increase in CPI in the month of July 2013 followed by  increase in August 2013.   The inflation trends of recent times indicate that in September 2013 too  the inflation figures will be high    Assuming that there will be increase again of similar nature, the revised DA is likely to be around 96.45%, (increase of massive  50 slabs) for the months of November   2013 to January, 2014  (i.e. increase of  50 slabs).  

 [The present DA is  88.95% for the months of  August, September and October, 2013].  The PROJECTED DA is as follows:

Likely DA Increase for Officers :

			Actual DA for	Likely DA for	Increase in DA
	Officers		Aug, Sept, Oct 2013	From November 2013
Stage	Scale	Basic Pay	88.95%	96.45%	7.50%
			DA Amount Payable	DA Amount Payable	DA Amount Payable
1	I,II,III	14500	12897.75	13985.25	1087.50
2	I,II,III	15100	13431.45	14563.95	1132.50
3	I,II,III	15700	13965.15	15142.65	1177.50
4	I,II,III	16300	14498.85	15721.35	1222.50
5	I,II,III	16900	15032.55	16300.05	1267.50
6	I,II,III	17500	15566.25	16878.75	1312.50
7	I,II,III	18100	16099.95	17457.45	1357.50
8	I,II,III	18700	16633.65	18036.15	1402.50
9	I,II,III	19400	17256.30	18711.30	1455.00
10	I,II,III	20100	17878.95	19386.45	1507.50
11	I,II,III	20900	18590.55	20158.05	1567.50
12	I,II,III	21700	19302.15	20929.65	1627.50
13	I,II,III	22500	20013.75	21701.25	1687.50
14	I,II,III	23300	20725.35	22472.85	1747.50
15	I,II,III	24100	21436.95	23244.45	1807.50
16	I,II,III	24900	22148.55	24016.05	1867.50
17	I,II,III	25700	22860.15	24787.65	1927.50
18	I,II,III	26500	23571.75	25559.25	1987.50
19	I,II,III	27300	24283.35	26330.85	2047.50
20	I,II,III	28100	24994.95	27102.45	2107.50
21	I,II,III	28900	25706.55	27874.05	2167.50
22	I,II,III	29700	26418.15	28645.65	2227.50
23	I,II,III	30600	27218.70	29513.70	2295.00
24	I,II,III	31500	28019.25	30381.75	2362.50
25	I,II,III	32400	28819.80	31249.80	2430.00
26	I,II,III	33300	29620.35	32117.85	2497.50
27	I,II,III	34200	30420.90	32985.90	2565.00
28	I,II,III	35100	31221.45	33853.95	2632.50
1	IV	30600	27218.70	29513.70	2295.00
2	IV	31500	28019.25	30381.75	2362.50
3	IV	32400	28819.80	31249.80	2430.00
4	IV	33300	29620.35	32117.85	2497.50
5	IV	34200	30420.90	32985.90	2565.00
6	IV	35200	31310.40	33950.40	2640.00
7	IV	36200	32199.90	34914.90	2715.00
1	V	36200	32199.90	34914.90	2715.00
2	V	37200	33089.40	35879.40	2790.00
3	V	38200	33978.90	36843.90	2865.00
4	V	39300	34957.35	37904.85	2947.50
5	V	40400	35935.80	38965.80	3030.00
1	VI	42000	37359.00	40509.00	3150.00
2	VI	43200	38426.40	41666.40	3240.00
3	VI	44400	39493.80	42823.80	3330.00
4	VI	45600	40561.20	43981.20	3420.00
5	VI	46800	41628.60	45138.60	3510.00
1	VII	46800	41628.60	45138.60	3510.00
2	VII	48100	42784.95	46392.45	3607.50
3	VII	49400	43941.30	47646.30	3705.00
4	VII	50700	45097.65	48900.15	3802.50
5	VII	52000	46254.00	50154.00	3900.00