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Expected Govt Bank Employees DA from August 2019

28/12/2019

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EXPECTED BANK EMPLOYEES DA FROM AUG 2019 - 3.6 % ​

To Calculate Expected Dearness Allowance(DA) of Govt Bank Employees from August 2019 we need All India Consumer Price Index (AICPI) average for last three months i.e April 2019, May 2019 and June 2019.
  1. Date from which IDA applicable:August 2019​​
  2. Average AICPI(2001=100) for the quarter April 2019 to  June 2019
          1.April 2019    -312
          2.May 2019     -314
          3.June 2019    -316

Dearness allowance for bank employee calculated as below
  • AICPI  for last three months i.e April 2019, May 2019 and June 2019 are required.
  •  Conversion price index with Base year 2001
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