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Expected Govt Bank Employees DA from May 2020

27/1/2020

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EXPECTED BANK EMPLOYEES DA FROM MAY 2020 - 2.5% TO 9.5 %

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To Calculate Expected Dearness Allowance(DA) of Govt Bank Employees from May 2020 we need All India Consumer Price Index (AICPI) average for last three months i.e January 2020, February 2020 and March 2020.
  1. Date from which IDA applicable:May 2019
  2. Average AICPI(2001=100) for the quarter January 2020 to  March 2020
          1. Jan 2020     -
          2. Feb 2020     -
          3. Mar 2020     -

Dearness allowance for bank employee calculated with
  • AICPI  for last three months i.e January 2020, February 2020 and March 2020 are required.
  •  Conversion price index with Base year
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